| Type | Flat |
|---|---|
| Living area approx. | 120 m² |
| Bedrooms | 4 |
| Rooms | 5,5 |
|---|---|
| Bathrooms | 3 |
| Purchase price | 369.000 € |
|---|---|
| Price per m² | 3,075.00 €/m² |
| Commission | 3,57% |
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More financing calculators and assumptionsIn a sought-after prime location in Essen-Bredeney, this rare property package awaits you: two residential units directly next to each other on the same floor of a period corner building. The package is ideally suited as a genuine development project with enormous potential for hands-on buyers and investors. As the apartments are largely technically independent of the condominium owners’ association, you benefit from maximum independence for future modernisation, without lengthy coordination processes.
The larger, approximately 3.5-room apartment is ready for occupancy, is currently rented furnished until 31 July 2026 (furniture purchase possible), and features a modern kitchen-diner, two bathrooms and gas-fired central heating for the apartment. The directly adjoining approximately 2.5-room apartment is already vacant and offers a solid, stripped-back basis for your modernisation ideas. New windows and a security apartment entrance door were installed here in 2023. This unit has a fitted kitchen, a French balcony, a bathroom with bathtub and a chimney shaft, but currently has no heating of its own. The ideal and cost-effective solution: As the units share a wall, the smaller apartment can ideally be connected to the heating system of the larger apartment.
The communal property shows age-related deferred maintenance, which has already been attractively reflected in the purchase price. Under new, professional management, the condominium owners’ association has already actively and harmoniously embarked on a path of renovation. Initial measures, such as the electrical system in the communal areas (2023), a new intercom system and renovation of sections of the staircase, have already been completed, although some visual finishing work in the entrance area remains outstanding. As the maintenance reserve is currently being rebuilt following a change of management, upcoming measures are presently being financed pragmatically and by mutual agreement through special assessments. Take advantage of this rare opportunity in the heart of Bredeney and arrange your personal viewing appointment today – we look forward to hearing from you!
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