Owner-occupation or guaranteed rental income with a 5.7% return: Renovated 3-room apartment with balcony in a quiet location

Key facts

Purchase price & costs

About this apartment

One balcony, two doors:
In the morning, you step straight out from the bedroom; in the evening, from the living room. A detail that makes the layout feel noticeably more open than 70 square metres on paper might suggest.

What stands out first when entering, however, is something else: There is nothing left to do here. The apartment was completely refurbished last year. Floors, walls and ceilings were completely redone, the bathroom renovated and the entire electrical installation renewed. The walls have smooth painter’s fleece instead of the usual textured wallpaper – a smooth surface that will still be easy to repaint in ten years’ time. The apartment is currently rented, but can also be handed over vacant by arrangement. The photos were taken when the apartment was vacant.

Three rooms that deserve the name:
Two of the rooms are almost the same size and generously laid out; the third is somewhat smaller. This allows for living, sleeping and working without compromise – or living, sleeping and a children’s room.

Storage space rarely found in this size category:
The apartment includes a separate cellar room and an additional private room in the attic storage area. Bicycles, suitcases, tools, seasonal items – none of these need to be kept in the apartment.

There are also ample public parking spaces immediately in front of the building.

For investors: rent guaranteed.
Because the living spaces are almost equivalent in size, the apartment works just as well as a shared apartment as it does as a family home. It was most recently rented as a three-person shared apartment, and I am offering you this model again with the purchase: If desired, I will take over the shared-apartment rental and contractually guarantee you a net cold rent of 1,570 euros per month, with a 12-month rent guarantee. This corresponds to a rental yield of around 5.7 percent on the purchase price.

In addition, there are monthly service charges of 335 euros – a low figure for this living area, which noticeably eases the net calculation. The community’s maintenance reserve totals around 44,000 euros, of which approximately 5,500 euros are attributable to this unit. The location also provides demand: Höchst Industrial Park, one of the region’s largest employers, is right on the doorstep.

The documents are complete. Viewings are possible at short notice by arrangement. Please feel free to contact me to arrange an appointment.

Location

Location details

Unterliederbach is the compromise that is otherwise hard to find: far enough out to be quiet, close enough that you miss nothing. Around ten kilometres west of the city centre, with a good 17,000 residents and an established neighbourhood.

Its own railway station on the Königstein Railway takes you to Frankfurt Central Station every half hour, and in the opposite direction to Königstein and thus directly into the Taunus. The S-Bahn lines are also accessible via the nearby Frankfurt-Höchst station. For drivers, the A66 runs through the district with two exits.

The major locational advantage is practically next door: Höchst Industrial Park, one of Europe’s largest chemical and pharmaceutical sites, is one of the region’s most important employers – for landlords, this means reliable demand close to workplaces. Frankfurt Höchst Hospital is also located within Unterliederbach.

Everything needed for everyday life is available: local shops, doctors, kindergartens and several schools in the district; for larger shopping trips, the Main-Taunus-Zentrum is right next door. The Taunus begins to the north.