| Type | Block of flats |
|---|---|
| Living area approx. | 225 m² |
| Rooms | 9 |
|---|---|
| Bathrooms | 5 |
| Plot area | 250 m² |
|---|
| Purchase price | 499.000 € |
|---|---|
| Price per m² | 2,217.78 €/m² |
| Commission | 5,95% (5,95% vom Kaufpreis (inkl. MwSt.)) |
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This historic half-timbered house, dating from around 1850, is a listed building and has been extensively renovated and refurbished in recent years in accordance with heritage protection requirements. The special character of the half-timbered house has been preserved while creating contemporary living comfort. Today, the house presents itself in good overall condition and contains three independent apartments with a total of approx. 225 m² of living space.
The ground floor offers four rooms, a fitted kitchen and two bathrooms with natural light on approx. 86 m² – one with a shower and the other with a bathtub. A terrace extends the apartment with a pleasant outdoor area. This apartment is currently vacant, offering the possibility of moving in yourself or renting it out again.
The upper floor offers three rooms, a fitted kitchen and two bathrooms with natural light on likewise approx. 86 m². Here too, both a shower and a bathtub are available. The balcony provides additional outdoor space. The apartment is currently rented and generates a monthly net cold rent of € 1.025,00 plus ancillary costs.
The third apartment is located in the attic and has approx. 53 m² of living space. Two rooms, a fitted kitchen and a bathroom with natural light form an independent residential unit. The apartment is rented for € 725,00 plus ancillary costs per month.
The house is heated by economical gas-fired individual floor heating systems, so each apartment has its own heating system. The historic character of the house is also evident beneath the apartments: The building has a full basement and features a rustic vaulted cellar, which provides additional storage space while preserving a beautiful piece of the house’s history.
The three-unit house stands on a plot of approx. 2.197 m², which has been divided in accordance with the German Condominium Act (WEG). The share of the plot belonging to this house is approx. 250 m².
The combination of historic building fabric, high-quality renovation and three independent residential units makes this property particularly interesting. The two currently rented apartments currently generate a monthly net cold rent from € 1,750.00. If the vacated ground-floor apartment is re-let for at least € 800.00 plus additional costs, this again results in total monthly net rent of € 2,550.00 or € 30,600.00 annually.
The half-timbered house therefore offers an interesting prospect both for investors and for buyers who wish to occupy one apartment themselves and rent out the remaining units. The combination of historic charm and contemporary living comfort makes this house a property with a distinctive character.
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