Flat for sale 2 bedroom • 45 m² without real estateWuppertal Elberfeld Nordrhein-Westfalen 42119

Real Estate Package – 2-Room Apartment + Retail Space

*** Commission-free directly from the owner ***

2-Room Apartment:

Video Tour of the Apartment:

https://www.youtube.com/watch?v=TA8cYvnyvOI

The 2-room apartment of a high standard covers 45m² and has been renovated with extensive effort (see "Notes on the Features"). It is a former retail space that was converted into an apartment (previously a health insurance office). Thanks to its ground-floor location, the apartment is barrier-free. The apartment features a separate entrance with its own house number and mailbox.

Legally, both in terms of building regulations and according to condominium and land register law, it is classified as an apartment. The corresponding changes of use with the building authority and in the partition declaration have been carried out.

The layout impresses with a kitchen installed in 2022 that is openly connected to the living room. The highlight of the bathroom is a level-entry rain shower. A small storage room with a connection for a washing machine has been installed. Thanks to electric shutters, the bedroom can be completely darkened. The former shop window has been fitted with a privacy screen and partitioned off. The space created right next to the bedroom can be used as a dressing room, walk-in closet, or simply a storage room.

The apartment is heated by a gas-fired individual heating system (built in 2018). Accordingly, the service charge does not include any heating/hot water costs.

Unfortunately, the exact construction year of the building cannot be determined since the Wuppertal construction archives were destroyed during World War II. It is estimated to be around 1930 (+/- 5 years). There is no heritage protection.

Due to the separate entrance, individual house number, and its own heating system, the apartment qualifies as an independent building according to the GEG 2024. Therefore, an energy performance certificate for this apartment is not required pursuant to § 79 (4) sentence 1 in conjunction with § 3 (1) number 17 of the GEG 2024. An energy certificate exists for the main building containing the 8 apartments, which can be inspected upon request. However, this certificate does not apply to the apartment in question.

The apartment is currently rented to one person. There is a mutual waiver of termination until September 2028.

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Retail Space:

The retail space is divided into a main room (approx. 40m²) and a rear room (approx. 25m²) with a fantastic layout. The toilet belonging to the retail space is accessible from the hallway via an exterior door in the rear room. Both the retail space and the toilet are wheelchair accessible and located on the ground floor. In front of the retail space, there is a large terrace area. The garden situated behind the building can be shared.

The retail space has been rented out to a cosmetics studio since 2018. The tenancy may be terminated by either party on an annual basis with a 6-month notice period.

Final energy demand of the building: 114.65 kWh/(m²·a)

Primary energy source: Natural gas

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The following applies to BOTH properties:

The stated service charge is the total for both properties. A portion of the allocable operating costs is distributed depending on the number of occupants. The given service charges assume usage by one person each. The non-allocable portion of the service charge amounts to approximately €1,600 per year in total for both properties (equivalent to about €133.33 per month).

The total cold rent income amounts to €10,380 per year (equivalent to €865 per month). This results in a gross rental yield of 6.1% in relation to the stated purchase price. No value-added tax is charged.

Both properties are located in close proximity to the Bergische University of Wuppertal. The residential area is also known as "Grifflenberg" or "Obere Südstadt". It is one of the most attractive residential locations near the city center.

Both properties are situated approximately 200 meters apart.

In the nearby area there are:

- Campus Grifflenberg (approx. 250m away)

- Campus Freudenberg (approx. 1km away)

- University Hall (approx. 1km away)

- Retail shops for daily needs (within approx. 1km radius)

- Bus stop "Schreinersweg" (approx. 50m away) with direct connections to Wuppertal Hbf, Cronenberg, and Remscheid as well as a night express (the latter only on weekends)

- Wuppertal Hbf and the pedestrian zone of Elberfeld (approx. 2km away)

- Sonnborner Cross (approx. 5 minutes by car) with connections to Düsseldorf (A46), Velbert (A535), and Essen (A535/A44)

- Highway exit Ronsdorf (A1; approx. 10 minutes by car) with connections to Cologne and Dortmund

- Alternatively: Highway exit W.-Elberfeld (A46; approx. 10 minutes by car)

- Von-der-Heydt-Park (approx. 2km away)

- Gelpetal (approx. 3km away)

- District sports facility Freudenberg (approx. 500m away)

- South School Center (approx. 2km away)

There is parking available on public parking lots directly in front of the properties or on the adjacent streets (all without any time restrictions). A designated parking space or garage is not included.

2-Room Apartment:

Highlights of the extensive and high-quality renovation:

- Open fitted kitchen in a high-quality finish (brand: Nobilia), with an induction cooktop, oven, dishwasher, quartz sink, and counter with bar stools

- Bathroom with a level-entry rain shower, new bathroom furniture, and numerous accessories

- Small room with a washing machine connection (a two-story solution through a washing machine cupboard or washer-dryer would also be possible)

- Vinyl flooring in the living room with open kitchen, bedroom, as well as in the dressing and laundry room

- Tiled flooring in the bathroom and hallway

- New electrical installation throughout the apartment with several LAN connections

- Suspended ceiling with built-in LED spotlights in the hallway, bedroom, and dressing room

- All other lighting in the property, including the exterior light, is new and equipped with LED bulbs

- Textured wallpaper in all rooms

- New radiators in the bathroom, living room, and bedroom

- Heating and hot water pipes have been renewed or newly installed

- All interior doors including door frames have been renewed

- Electric shutters on the rear windows (bedroom and kitchen)

Additional advantages of the apartment:

- The shop window with privacy screening along with the entrance door dates from 2014, as does the rear bedroom window

- Vertical louvered curtain in the living room

- Gas heater (built in 2018), including hot water

Please note that no refrigerator is included with the fitted kitchen.

TV reception is only possible via Internet TV or an indoor antenna (DVB-T2).

The pictured French bed, sideboard, and table with chairs are no longer present.

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Retail Space:

The retail space is in very well-maintained condition with laminate flooring and white latex wallpaper. The floor in the toilet is fitted with granite tiles. The furnishings shown (office furniture) are no longer present. The current furnishings are largely the property of the tenant. Above the storefront, there is space for external advertising (a junction box for illuminated signage is available). The window front with the entrance door spans 6 meters. Several LAN sockets are available in the sales area.

The building is equipped with a gas central heating system. Accordingly, the service charge includes heating costs. Hot water is supplied on demand via a boiler/undercounter unit.

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The following applies to BOTH properties:

*** Fiber optic connection planned for 2025! ***

Neither property comes with an associated basement/storage room.

As long as this advertisement is online, the offer is still available. Therefore, please refrain from unnecessary inquiries such as "Is this still available?"

Inquiries from brokers acting on behalf of potential buyers are welcome. However, broker inquiries aimed at arranging orders for the landlord are not welcome.