| Living area approx. | 311 m² |
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| Rooms | 10 |
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| Plot area | 350 m² |
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| Purchase price | 849.000 € |
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| Price per m² | 2,729.90 €/m² |
| Commission | 3,57% (3,57 % inkl. MwSt vom not. Kaufpreis) |
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More financing calculators and assumptionsThis four-family house, built in solid construction in 1972, is located on a plot of approx. 350 m² and has a total living area of around 311 m², distributed across four separate residential units. The classic structure of the house ensures sustainable rental potential as well as versatile usage options, making the property particularly interesting for both investors and owner-occupiers.
The ground floor apartment with a living area of approx. 83 m² is currently vacant and offers the future owner maximum flexibility. With a sample new rental at 15 € per m², an annual net cold rent of 14,940 € can be achieved here. Alternatively, the apartment offers the possibility of owner-occupation, while at the same time benefiting from the rental income of the other units.
The already rented apartments currently generate a monthly net cold rent of 339 € in the basement, 647 € on the first upper floor, and 850 € for the maisonette apartment in the top floor. Together, these units generate an annual net cold rent of 22,032 €. With a new rental of the ground floor apartment, this results in a potential total annual net cold rent of 36,972 €.
Based on the purchase price, this corresponds to a gross rental yield of around 4.36 %. In addition, there is generally the possibility of increasing the rents by up to 15 % within the framework of the statutory cap. If this potential is fully utilized arithmetically, the total annual net cold rent would rise to 42,517.80 €, corresponding to a gross rental yield of around 5.01 %.
A particular added value of the property lies in the currently vacant ground floor apartment, which offers the buyer maximum flexibility. It can either be occupied immediately for own use or re-let, thus opening up attractive opportunities for both owner-occupiers and investors. In addition, there is the option of creating direct access from the balcony to the garden and thereby further enhancing the apartment's living comfort. Alternatively, the garden area can be used as a communal garden for all residents.
Overall, this property represents a solid investment with immediate rental income and additional development potential. The combination of existing rental agreements and the vacant ground floor apartment enables both a high-yield full rental and an attractive Owner-occupancy option with ongoing rental income from the other three residential units.
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