House for sale • 239 m² without real estate, Schleswig-Holstein

In a location close to the town center of Heide, this multi-family house presents itself as an investment property with development potential. Originally built as a farmhouse in 1920, the building was converted in 1983 into a multi-family house with four residential units. Today, it stands as a functional property with approximately 239 m² of living space on a 924 m² plot.

The four apartments range from 2 to 4 rooms, with living areas of approximately 38 m², 54 m², 58 m², and 89 m². All four apartments are reliably rented and currently generate a total annual cold rent of €21,870.00. This corresponds to a factor of 18.1 or a gross yield of around 5.5%. The rent is paid on time, and full occupancy has been maintained almost continuously over the past years. The heating and ancillary costs are charged transparently and based on consumption. For precise measurement of heating and hot water consumption, metering devices by the company Brunata have been installed. A company has been contracted for winter service.

The equipment includes, among other features, a gas central heating system by Vaillant from 2018, which, in addition to providing heating, also handles hot water preparation. The heating system is serviced annually by a specialist company. The plastic windows and doors were renewed in 2017, contributing to the property’s energy efficiency. The anthracite-colored double-wire fence was installed in 2022. In recent years, the apartments have been successively modernized (flooring, kitchens, doors, bathroom fittings, blinds, etc.).

The outdoor area impresses with a long driveway, separate garden areas for the individual tenants, as well as a communal shed – ideal for bicycles or gardening tools. The size of the plot provides sufficient privacy and versatile possibilities for outdoor use.

A solid investment property with potential for value appreciation – whether for holding or as a starting point for future adaptations in the existing stock. Documents such as the construction description, living area calculations, floor plans, energy certificate, and views are available and can be provided upon request.

The interior photos come from the respective apartment handovers. To protect the privacy of the tenants, please do not enter the property without prior arrangement.

The property is located in a town-center-near and well-connected area of the district town of Heide – a vibrant medium-sized town in the heart of Dithmarschen with approximately 22,000 inhabitants. Heide serves as a regional center between the North Sea, marshland, and geest, offering both residential and commercial opportunities with stable demand for living space.

The location of the property is characterized by an evolved residential structure and offers a pleasant mix of a quiet residential environment and proximity to central facilities. Within walking distance, there are a variety of shopping opportunities, restaurants, cafés, service providers, as well as medical and educational facilities – ideal for daily needs. Due to the proximity to the town center, residents benefit from short distances to the most important central areas of the town, including the large marketplace, pedestrian zone, and cultural offerings.

The transport connections are very good: Heide offers a regional train service with connections in all directions (e.g., to Büsum, Neumünster, and beyond), which makes commuting and mobility easier. Public bus lines complement the local transport network. Via the nearby A23, Heide is directly connected to the supra-regional road network, making commuting, for example, to Hamburg or neighboring communities, comfortable.

The location combines stable demand for living space, good infrastructure, and short distances – factors that sustainably support the rentability and value stability of this investment property.