| Type | Flat |
|---|---|
| Living area approx. | 82 m² |
| Year built | 1972 |
| Bedrooms | 1 |
| Available from | sofort |
|---|---|
| Rooms | 3 |
| Bathrooms | 1 |
| Heating | Central heating |
| Fuel type | Gas |
| Condition | Needs renovation |
|---|
| Purchase price | 115.000 € |
|---|---|
| Price per m² | 1,402.44 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsRented 3-room apartment | approx. 5.5% gross yield | 82 m² | no commission
Capital investment with an attractive entry price and long-term potential I Renovation needs priced in
For sale is a permanently rented 3-room apartment with approx. 82 m² of living space in Grevenbroich.
Important in advance: The apartment is expressly being sold as a capital investment. It is currently occupied and clearly in need of renovation visually. The tenant is comfortable in the apartment and would like to continue the existing tenancy.
Anyone looking for a modernized apartment for owner-occupation is therefore not in the right place here. However, anyone looking for a rented existing apartment with a favorable purchase price per square meter and development potential should take a closer look at this property.
Key figures
Purchase price: €115,000
Living space: approx. 82 m²
Purchase price per m²: approx. €1,402
Monthly net rent: €525
Annual net rent: €6,300
Gross rental yield: approx. 5.5%
Current service charges: approx. €465 monthly
of which allocable: approx. €220 monthly
of which non-allocable: approx. €245 monthly
Service charges from February 2028: approx. €323 monthly
of which presumably non-allocable: approx. €103 monthly
no buyer’s commission
existing tenancy
no rent arrears
The current existing rent amounts to only around €6.40/m² and therefore offers long-term development potential within the scope of legal possibilities.
Important regarding the condition of the apartment
The apartment’s interior does not meet today’s modernization standards.
In particular, the floors, wall and ceiling surfaces, and possibly the bathroom require renovation in the foreseeable future.
However, the apartment is fully occupied and the tenant feels comfortable there.
The visual condition is currently not a problem for the ongoing tenancy.
The renovation needs were expressly taken into account when determining the purchase price.
Layout and features
The approx. 82 m² are distributed across a spacious living area and two additional separately usable rooms.
The apartment also offers:
spacious living area of approx. 28 m²
separate bedrooms, children’s rooms, or offices
kitchen
bathroom
storage room
loggia/balcony
cellar room
elevator
The loggia in particular offers a beautiful view of the surrounding area and additional residential value.
Currently:
allocable costs: approx. €220 monthly
non-allocable costs: approx. €245 monthly
According to the current status, the non-allocable costs will decrease to approx. €103€ per month.
The fittings are functional; the interior requires renovation of the floors, walls, ceilings and, if applicable, the bathroom.
Who is the apartment suitable for?
The property is expressly aimed at investors who are not looking for a freshly renovated apartment, but who value:
a favorable purchase price
an existing tenancy
commission-free acquisition
approx. 5.5% current gross rental yield
long-term rent development potential
prospectively declining non-allocable costs
Viewings are of course possible.
Please take into account before arranging an appointment that the apartment is clearly in need of renovation internally and will be taken over in its currently occupied condition.
This allows us to avoid unnecessary viewing appointments and focus on interested parties for whom precisely this type of investment is of interest.
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The property is located in a quiet yet well-connected residential area in Grevenbroich. Shopping facilities, schools, kindergartens and public transport can be reached quickly. The nearby city centre as well as green and recreational areas provide a high quality of living. The A 46 and B 59 also provide good connections to the surrounding cities.
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