| Type | Block of flats |
|---|---|
| Living area approx. | 404 m² |
| Rooms | 14 |
|---|---|
| Bathrooms | 5 |
| Plot area | 3619 m² |
|---|
| Purchase price | 345.000 € |
|---|---|
| Price per m² | 854.47 €/m² |
| Commission | 3,57% (3,57 % (inkl. MwSt.)) |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsAttention individualists, investors and enthusiasts of exceptional properties: Nestled between forests and fields, an extraordinary property ensemble with diverse usage options awaits you on an approximately 3,619 m² freehold plot. Originally used as a nursery, the property is now developed with three residential buildings. Six garages, numerous outdoor parking spaces, spacious garden and exterior areas, as well as the quiet, natural secluded location round off this versatile offering.
The areas are distributed as follows:
• House 1: Residential house currently offering two possible units, three garages in total and a rear garden area, approx. 132.08 m² living space, 5 rooms, 2 kitchens, 2 bathrooms, vacant
• House 2: Spacious residential house with a main apartment including balcony and garden access, as well as a separate auxiliary apartment on the upper floor. The ground floor contains three large garages, a utility/heating room, and another apartment with potential for conversion. Approx. 112.00 m² living space, 4.5 rooms, 2 kitchens, 2 bathrooms, vacant
• House 3: Separate bungalow with its own residential unit, terrace and direct access to the outdoor area, approx. 159.68 m² living space, 5 rooms, kitchen, bathroom, vacant
Assuming an average net cold rent of approx. €7.00/m² after appropriate refurbishment, full occupancy could generate around €3,045+ per month or €36,540+ annually. Based on the asking price of €345,000, this corresponds mathematically to a gross yield of approx. 10.59% or a gross multiplier of approx. 9.44. The last annual net cold rent was approx. €28,200 in its current condition.
Overall, the buildings are in need of renovation to refurbishment, with House 1 in particular requiring further modernization. Corresponding subsidies may be sensibly considered here as an additional option. Existing inventory is currently still being removed, and individual works on the property are also still being carried out.
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