| Type | Block of flats |
|---|---|
| Living area approx. | 195 m² |
| Bedrooms | 3 |
| Rooms | 7 |
|---|---|
| Bathrooms | 2 |
| Plot area | 590 m² |
|---|
| Rent excluding bills | 527 € |
|---|---|
| Total rent | 757 € |
| Purchase price | 149.000 € |
| Price per m² | 765.56 €/m² |
| Commission | 3,57% |
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More financing calculators and assumptionsThis solid two-family house in Hoxel (near Morbach) offers far-sighted investors and dynamic fix-and-flip investors a first-class opportunity to benefit from a property with development potential and genuine appreciation potential. With a generous total living area of approximately 194.63 m², optimally distributed over two separately usable floors and a total of seven rooms, you can expect a building in need of renovation and design work that offers plenty of scope for profitable optimization measures.
The plot covers a spacious 590 m², thereby offering excellent opportunities for an attractive outdoor design, the creation of additional utility value or targeted value-enhancing measures in the outdoor area. The property was last modernized in 1997 and is currently in need of renovation and modernization. This condition is deliberately and highly attractively reflected in the purchase price, giving investors maximum scope for excellent return development following professional renovation. The solid building structure and the simple fixtures and fittings with tiled and laminate flooring, combined with the proven central oil heating system, form a stable foundation on which your modernization strategy can be purposefully built.
**The absolute return plus for investors:**
The ground-floor apartment is already reliably rented, with rent payments made directly through a state-secured housing benefit subsidy. This guarantees you absolutely crisis-proof, punctual and uncomplicated income from day one without bureaucratic effort, while you plan your renovation and value-enhancement strategy for the entire property.
A key strategic advantage of this property is the division of the current rental status: The upper-floor apartment is currently completely vacant and not rented. For you as an investor, this means maximum freedom of action without waiting times. You can immediately begin renovation measures on the upper floor in order to achieve a quick and lucrative subsequent rental at optimized market conditions or to rapidly advance the fix-and-flip project.
The upper-floor apartment also impresses with an approximately 17 m² south-west-facing balcony, which significantly enhances the quality of living and subsequent rentability, as well as with a practical guest WC. Particularly noteworthy is the step-free Access to the ground-floor apartment makes this residential unit highly attractive to a very broad and stable target group of tenants in the long term. The offering is rounded off by its own garage, an outdoor parking space, a spacious storage room, and an extensive garden, which, following visual improvements, will be the absolute highlight for future residents.
Whether you are looking for a long-term investment with reliable, stable cash flow through the housing allowance subsidy (buy and hold) while simultaneously redeveloping the upper floor, or want to start a calculable fix-and-flip project in the vacant part of the property: This two-family house in Hoxel offers you the perfect, flexible foundation for your personal investment strategy!
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