For sale is an attractive semi-detached house with three separate apartments, three carports, a garden with a shed, and interesting potential for capital investors and owner-occupiers.
The property offers an interesting combination of already extensively renovated living spaces, a still expandable ground-floor apartment, and good rentability.
The apartments at a glance
- Attic approx. 80 m²
The attic apartment has been renovated and offers around 80 m² of living space.
Calculated value: approx. 230,000 €
- Upper floor approx. 93 m²
The apartment on the 1st upper floor has also been renovated and has approx. 93 m² of living space.
Calculated value: approx. 270,000 €
- Ground floor approx. 97 m² + garden
The spacious ground-floor apartment with direct garden access is currently in a state requiring renovation. The essential infrastructure is already prepared, so the apartment can be renovated with manageable effort.
For the renovation, about 500 €/m² can be calculated.
Alternatively, it is possible to rent the apartment also in its current state. A cold rent of around 700 € per month is already possible.
The calculated value of the ground-floor apartment is around 190,000 €, and the garden is valued at 10,000 €.
Further equipment
- 3 carports, each with a calculated value of approx. 10,000 €
- Garden
- Shed
- 3 separate apartments
- Two apartments already extensively renovated
- Ground floor with further expansion and value enhancement potential
- No ongoing costs for caretaker and administration, if desired by the owner
- The monthly ancillary costs are around 2 €/m² with normal usage behavior
Purchase price & return
- The desired total purchase price is 730,000 €.
- With a monthly minimum rent of over 2,600 €, a gross rental return of around 4.25 % is achieved.
- The purchase ancillary costs are to be borne by the buyer and were not taken into account in the specified return.
Rental income
- 3 carports: 50 € each 150 €/month
- 1st upper floor: 950 €/month
- Ground floor: currently 700 €/month in the unsanitized state
If the apartment is renovated and the garden share is sublet, a rent of at least 1,000 €/month can be achieved.
- Attic: 800 €/month
this rent was already achieved before the vacancy
Current monthly rental income: 2,600 €
Potential monthly rental income after renovation: approx. 2,900 €
Would you like to know more about this property? Please contact me via the contact form for further documents. I would be happy to show you the property during a personal viewing appointment.
Do you have a property to sell and want the "all-around carefree package"? Then contact me for a non-binding consultation and valuation of your property. I look forward to hearing from you!
