House for sale • 463 m² without real estate, North Rhine-Westphalia

Floor area allocation:

Basement: 69.98 m² (boiler room, cellar room for the apartments, laundry room)

Apartment 1: 2.5-room apartment (with kitchen and bath), storage room, cellar room, terrace – Living area 75.02 m²

Apartment 2: 2.5-room apartment (with kitchen and bath), storage room, cellar room – Living area 59.68 m²

Apartment 3: 3-room apartment (with kitchen and bath), storage room, cellar room, balcony – Living area 79.99 m²

Apartment 4: 2.5-room apartment (with kitchen and bath), storage room, cellar room, balcony – Living area 68.53 m²

Apartment 5: 3-room apartment (with kitchen and bath), storage room, cellar room, balcony – Living area 81.04 m²

Apartment 6: 4-room apartment (with kitchen and bath), storage room, cellar room, rooftop terrace – Living area 98.64 m²

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Total area 559.53 m²:

Living area 462.90 m²

Ancillary area 93.94 m²

Utility area 2.69 m²

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Central urban location. The property has been completely renovated in accordance with the current building regulations for structural safety, sound insulation, thermal insulation, and fire protection.

Completion date: September 2024.

Equipped with: bicycle storage, balconies, terrace, basement rooms, video intercom system, fitted kitchens, bathroom furniture, vinyl flooring, apartments with infrared heating, and hot water production via a central condensing gas heating system.

Central location. 6 parking spaces.

Condition: like new. The property is completely furnished with new furniture (new kitchens, new beds, new washing machines, new vacuum cleaners, microwave, cutlery, cupboards, etc.). All apartments are currently leased on a short-term basis. A complete tenant vacating can be arranged in due time upon consultation.

The income per apartment is net cold rent per month of approx. €1,500 plus 7% VAT, operating costs, and cleaning. Net cold rental income per month is approx. €9,000, and per annum approx. €108,000. Professional management is currently provided by an external company; the management concept can also be taken over independently, depending on the objectives you have for the property.

Even for owner-occupiers, the property represents a realistic financing possibility at the bank. Young people or first-time buyers have the chance to enter the real estate market through partial self-occupancy.

For a property viewing, proof of creditworthiness or a preliminary approval from the bank is desired in advance.