Investment with planning security – modernized top-floor apartment with a 24-month leaseback agreement – Photo 1

Investment with planning security – modernized top-floor apartment with a 24-month leaseback agreement

Papenberger Straße 2642859 RemscheidNordrhein-Westfalen
Purchase price
119.900 €
Living area
45 m²
Rooms
2
TraumImmo ID: CGDW4JW
Partner ID: 648545763

Published on 19/09/2026 · Last checked on 23/09/2026

Advertiser:
RegionalImmobilien24

Key facts

TypeTop-floor flat
Living area approx.45 m²
Rooms2
Bathrooms1
BalconyBathtub

Purchase price & costs

Purchase price119.900 €
Price per m²2,664.44 €/m²
Commission3,57%

Estimate financing and purchase costs

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.

Your inputs are calculated only in this browser and are not saved or sent to TraumImmo.

More financing calculators and assumptions

About this apartment

This modernized rooftop-terrace apartment in Remscheid is aimed particularly at investors seeking a compact property with a manageable investment and predictable rental income.
The approximately 45 m² apartment is offered at a purchase price of €119,900. In connection with the sale, a 24-month leaseback agreement is offered. The agreed net cold rent is €10.00 per m², or €450 per month. This corresponds to annual net cold rent of €5,400 and thus—based on the purchase price—a gross rental yield of approximately 4.50% p.a.
The particular advantage for investors: Upon acquisition, the rental income for the first 24 months is already secured. This initially eliminates the need to search for a new tenant and provides the investor with a clear basis for calculation during this period.
The apartment also offers interesting prospects for the period after the leaseback agreement expires. The currently generously designed living/sleeping area can be divided into separate living and sleeping areas with comparatively manageable effort. The apartment can therefore potentially be used and rented as a 2-room apartment. The sellers can cover the costs of this conversion.
In addition to the compact apartment size, the exceptionally generous rooftop terrace offers significant added value. Particularly in smaller apartments, such an outdoor area represents a special feature.
The apartment has been extensively modernized. The bathroom and interior finishes, as well as the walls and ceilings, were renovated in 2026; the unit’s electrical distribution system was already renewed in 2024. According to the owner, the double-glazed uPVC windows were replaced approximately 14 to 15 years ago. Consequently, the buyer initially faces no significant apartment-internal modernization requirements.
The investment at a glance:

- Purchase price: €119,900
- Living area: approx. 45 m²
- Leaseback agreement: 24 months
- Net cold rent: €450 per month
- Annual net cold rent: €5,400
- Gross rental yield based on the purchase price: approx. 4.50% p.a.
- Generous rooftop terrace
- Potential for a 2-room layout

The apartment therefore combines predictable rental income with an attractive prospect for continued rental after the leaseback agreement expires.


Location

Area and routes

Plan a route

Your destination goes to Google Maps only when you submit the form. TraumImmo neither stores nor logs it.

More apartments in Remscheid

All listings in Remscheid
Interested in this property?
Contact the advertiser
Advertiser:
RegionalImmobilien24
Calculate financing