| Type | Flat |
|---|---|
| Floor | 3 |
| Living area approx. | 65 m² |
| Year built | 1995 |
| Bedrooms | 1 |
| Available from | Nach Vereinbarung |
|---|---|
| Rooms | 2,5 |
| Bathrooms | 1 |
| Heating | Self-contained central heating |
| Fuel type | Gas |
| Parking spaces | 1 |
|---|---|
| Condition | Well kept |
| Purchase price | 179.000 € |
|---|---|
| Price per m² | 2,753.85 €/m² |
| Commission | no commission for buyers |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsAvailable for commission-free private sale is a well-maintained, rented condominium on the 3rd floor, and therefore the top floor, of a multi-family building constructed in 1995 in Worms.
The property is primarily aimed at investors. The sole contractual tenant is the City of Worms. The tenancy has existed since 01/07/2023; the current net cold rent is EUR 580 per month or EUR 6,960 per year.
The apartment comprises approx. 65 m². A spacious entrance and dining area connects the individual rooms. The living area provides access to the balcony. A bedroom and another flexibly usable room can serve as an office, children's room, or guest room, depending on requirements. The kitchen and bathroom are arranged separately.
Although the apartment is on the top floor, it is not a typical attic apartment with severely restricted usability. The existing sloping ceilings are limited to individual areas and only minimally affect the furnishings.
Recently, the roof windows were replaced. The apartment's gas boiler was serviced. The overall condition is well maintained.
The offer also includes a private cellar room and an outdoor parking space directly at the building. Shared facilities include a laundry room with a dedicated washing-machine connection and a lockable bicycle room.
- approx. 65 m² of living space
- 3rd floor, top floor
- Balcony
- spacious entrance and dining area
- separate kitchen area
- Bathroom
- Laminate flooring in the living areas, tiles in the kitchen and bathroom
- new roof windows
- own gas-fired floor heating system; boiler serviced
- own basement storage room
- outdoor parking space directly at the building
- communal laundry room with own washing machine connection
- lockable communal bicycle room
- private sale with no commission
RENTAL AND YIELD
The apartment has been rented to the City of Worms since 01/07/2023. The current net cold rent is EUR 580 per month or EUR 6,960 per year. The rent has not been increased since the tenancy began.
Following publication of the new qualified rent index, there is generally the possibility of a renewed review of the rent amount under the statutory conditions applicable at that time. No rent increase or specific rent amount is expressly guaranteed.
At an asking price of EUR 179,000, the gross initial yield based on the currently owed net cold rent is approximately 3.89%. The yield is a non-binding calculation figure; ancillary acquisition costs, financing, taxes, non-apportionable costs and maintenance must be considered separately.
SERVICE CHARGES AND ENERGY
The current monthly service charge is EUR 170.92. In accordance with the approved financial plan, it will increase to EUR 204.81 per month from January 2027.
Consumption certificate, valid until 23/07/2034, final energy consumption 98.3 kWh/(m²·a), energy efficiency class C, main energy source natural gas, year of construction of building 1995.
VIEWING AND NOTES
The existing tenancy will be assumed by the purchaser. Vacant possession is neither offered nor guaranteed. In consideration of the tenancy, viewings will take place exclusively by prior arrangement. Please state your full name, telephone number, intended investment horizon and the status of your financing in your enquiry. Before an interior viewing, a financing confirmation or an appropriately redacted proof of equity is requested.
Private sale without additional buyer’s commission. All information has been compiled carefully, is based in part on information provided by the owner and third parties, and must be verified prior to purchase using the documents provided. Errors and prior sale reserved.
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The apartment is located in Worms city center. Shopping facilities and amenities for daily needs are nearby. The city center, main train station, and main roads are easily accessible. The location combines short distances with broad, consistently high rental demand.
Out of consideration for the existing tenancy, the full address will only be disclosed to qualified prospective buyers.
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