| Selling Price | 150.000 € |
|---|---|
| Courtage | 4,76% |
Property reference: 1238 - Helmbrechts: Three-family house with potential
This three-family house with a full basement was built around 1914 in solid construction. The approx. 198 m² total living space is currently divided over three floors as follows: On the first floor there is an approx. 72 m² residential unit that is currently rented out. This is divided into a living room with kitchen, a bedroom, a children's room and a bathroom. The rented, approx. 63 m² residential unit on the second floor consists of a living room, a bedroom, a kitchen with access to the balcony and a bathroom. The approx. 63 m² 3.5 room apartment on the top floor is currently empty and unlet. This residential unit is divided into a living room, a bedroom, a children's room, a kitchen with access to the balcony and a bathroom. The total rental income currently amounts to approx. 6,840 euros, although we naturally see considerable potential to increase this even if the top floor apartment is rented out. At a rent of only 5 euros per m², the total rental income would be approx. 12,000 euros per year, which would correspond to a rental yield of approx. 8 percent. In our view, this apartment building is therefore ideal for investors. We do not yet have an energy performance certificate for this property, which is heated by gas central heating dating from 1993. This is currently in preparation.
Further information and documents are available on request.
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