Rented 3-room investment property with balcony, elevator and underground parking space in Wermelskirchen

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Selling Price & Extra Costs

About this dream apartment

Property Description

Your contact for this real estate offer is Mr. Martin Kordic. You can reach him at (02191) 890 04 64 or use the contact form next to it.This rented condominium offers investors the opportunity to acquire a solid existing property in a well-maintained apartment building with a total of 17 residential units, elevator and underground garage in Wermelskirchen. The building was constructed as a condominium complex with 17 apartments as well as underground garage and additional parking spaces, and therefore has a classic apartment building structure that is easy for investors to assess.The offered residential unit No. 14 is located on the 2nd floor and has around 93 m² of living space. The documents available and the floor plan show a classic 3-room layout with hallway or cloakroom, master bedroom, children's or study room, spacious living and dining area, separate kitchen, bathroom, separate toilet, storage room and balcony. For investors, this apartment size is particularly interesting, as well-designed 3-room apartments regularly appeal to broad demand and have proven to be sustainably rentable in many market phases.The balcony additionally enhances the living quality and significantly increases the attractiveness for tenants. In addition, there is the underground parking space belonging to the apartment, which is a relevant added value in inner-city or well-connected locations. Also worth mentioning is the existing elevator, which increases comfort for residents and supports long-term lettability.The apartment, together with the underground parking space, has been rented out for many years. The current total rent amounts to 606 EUR per month. For investors, however, this can be an interesting existing investment, as an existing tenancy is already being taken over. The asking price is 279.000 EUR, the monthly service charge amounts to 489 EUR.The structural design of the house also speaks for a high-quality and sustainable capital investment. The residential complex was built in solid construction and has, among other things, reinforced concrete ceilings, a central gas heating system with hot water preparation, insulated glazed plastic windows and roller shutters. This solid basic substance forms a good basis for a long-term investment.Overall, this is a rented 3-room condominium with balcony, elevator and underground parking space in a larger, established apartment building. For investors, this offers a well-rentable apartment size in combination with existing tenancy and solid building structure.

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