| Type | Flat |
|---|---|
| Living area approx. | 72 m² |
| Bedrooms | 1 |
| Rooms | 2 |
|---|---|
| Bathrooms | 1 |
| Purchase price | 145.000 € |
|---|---|
| Price per m² | 2,013.89 €/m² |
| Commission | 0 |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsThis 2-room condominium on the 1st floor offers a solid foundation for owner-occupiers or investors, with approx. 72 m² of living space. The building, constructed in 1971, is in well-maintained condition. The apartment is currently vacant and can be individually designed and rented out again. The monthly service charge is €216.00, incl. approx. €65.80 for the maintenance reserve.
The existing layout comprises a spacious living room with access to the balcony, a bedroom, a separate kitchen, and a bathroom with a shower and bathtub. Large double-glazed windows provide pleasant natural light. The apartment also includes its own cellar room.
A quote from a specialist company for the complete renovation of the apartment, including modernization of the bathroom, is already available. The resulting costs have been taken into account in setting the purchase price.. Upon completion of the work, a monthly net cold rent of approx. €10.00/m² is realistic based on the rent index. For approx. 72 m² of living space, this corresponds to a potential annual net cold rent of around €8,640.
For owner-occupiers, the apartment offers the opportunity to put their own ideas into practice and create a peaceful home with views of greenery. At the same time, you benefit from the proximity to the town center and the shopping options available there.
The apartment is therefore of interest both to owner-occupiers who wish to create a home of their own according to their preferences and to investors seeking a manageable modernization project with the prospect of renting it out afterwards.
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335.000 € Upscale Location Meets Residential Comfort – Renovated Home in Essen-Rüttenscheid45131 Essen
159.000 € OWN USE OR ADOPT RENTAL CONCEPT45147 Essen
159.000 € OWN USE OR ADOPT RENTAL CONCEPT45147 Essen
