RENOVATED TO A HIGH STANDARD, FULLY RENTED, 8% YIELD, FACTOR 12.6

Information

Selling Price & Extra Costs

About this dream investment property

Property Description

This fully renovated apartment building with four residential units is an attractive investment property. In addition, the property includes twelve garages and a carport. All units are fully rented. Between 2022 and 2025, the property was comprehensively renovated and now presents itself in a modern and very well-maintained condition. Current net rental income is approx. ?3,050 per month or ?36,600 per year. In combination with the purchase price of ?460,000, this results in a very interesting return for investors. A rare opportunity for investors looking for a modernized and fully rented property with stable income.

This BETTERHOMES offer is characterized by the following advantages:
- fully renovated (2022?2025)

- four residential units - fully rented

- twelve garages + one carport - fully rented

- attractive return of approx. 8%

- purchase price factor of only approx. 12.6

- stable monthly rental income of approx. ?3,050

- modern substance through extensive renovation

- ideal investment property with immediate cash flow

- and, and, and ...


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*** An energy performance certificate has not yet been provided. The owner has been requested to have an energy performance certificate created and submitted without delay. ***
The property is located in an established residential area with good infrastructure. Shopping facilities, schools, doctors, and other everyday amenities are reachable within a short distance. The surrounding area also offers good connections to the neighboring cities and is characterized by its natural location in the Harz foreland with high recreational value.

Location