| Living area approx. | 68 m² |
|---|---|
| Bedrooms | 3 |
| Rooms | 3 |
|---|---|
| Bathrooms | 1 |
| Usable floor area | 55 m² |
|---|
| Purchase price | 288.000 € |
|---|---|
| Price per m² | 4,235.29 €/m² |
| Commission | 0 |
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The apartment is located on the ground floor of the right-hand side wing and is currently used as a 3-person shared apartment. All three rooms are rented separately. The shared-apartment rental has already existed for several years, and the rooms have been rented almost continuously during this period. The current monthly flat-rate rents are €660, €600 and €550, meaning that a total of €1,810 per month or €21,720 per year is currently generated.
At a purchase price of €288,000, the current annual flat-rate rent corresponds to approximately 7.54% of the purchase price. These are flat-rate rents and not pure net cold rents.
Graduated rents have been agreed for the existing tenancies, meaning that the contractual rental income will continue to develop over the coming years.
The service charge provided for in the 2026 budget is €515 per month, of which €104 is allocated to the maintenance reserve contribution. As of 31 December 2025, the community’s maintenance reserve amounted to approximately €100,900; the apartment’s calculated share was approximately €2,100.
The apartment also includes a cellar room.
The location in Cologne-Mülheim offers good conditions for the existing shared-apartment and individual-room rental. The Grünstraße light rail stop and Cologne-Buchforst S-Bahn station are within walking distance and provide quick connections to Cologne city centre and other districts.
University and training locations such as TH Köln and ifs internationale filmschule köln are also easily accessible, expanding the potential target group for shared-apartment rentals.
Shopping facilities and amenities for everyday needs are also located nearby. The combination of good public transport connections, university locations and urban infrastructure appeals to a broad potential tenant group
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