| Type | Mid-terrace house |
|---|---|
| Living area approx. | 83 m² |
| Rooms | 4 |
|---|---|
| Bathrooms | 2 |
| Plot area | 386 m² |
|---|---|
| Usable floor area | 39 m² |
| Purchase price | 185.000 € |
|---|---|
| Price per m² | 2,228.92 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsHouse as an investment with a predictable outlook – rented to the current owners: The mid-terrace house in Kassel-Forstfeld has 4 rooms (83 m² living space, 39 m² full-basement usable space) and has been carefully modernized and lovingly maintained. Featuring several bathrooms/guest WCs (one of which is a sauna/wellness area), a wood-burning stove and a covered patio leading into the garden, it offers a welcoming sense of comfort.
An outdoor parking space is available in front of the house. The property also includes a 1/43 co-ownership share in a 509 m² traffic area.
Numerous modernization measures were carried out between 1995 and 2023 in this pleasantly laid-out mid-terrace house, built in 1937 on a 386 m² plot.
The location is also impressive: a well-maintained residential area with terraced houses, nearby parks, excellent infrastructure and quick transport links to the city center (4 km) and destinations beyond the region. Wahlebachpark is just 250 m away, while various shops and bus stops are only a few hundred meters away.
Investment property with many advantages
As an investor, you take over a well-maintained house and avoid the time-consuming search for good tenants and the typical vacancy period when first letting: the sellers would like to remain in the property as tenants for the long term after the transfer of ownership—15 years or longer is envisaged.
Available for rent from January 2027:
– Proposed initial net cold rent: 800 euros per month (9,600 € annually)
– Indicative reserve for non-recoverable costs/maintenance: 1,500 € per year
– Calculated net rental income: 8,100 € per year
Real estate agent Michael Pitsch will be happy to advise you on returns, financing and any other questions in a personal consultation.
Modernizations/Renovations & Upgrades
2023:
– New Wolf gas condensing boiler and new hot water tank
– Shower room in the attic renovated
2022:
– Electric roller shutters installed
2016:
– Balcony door installed
2010:
– Ground-floor WC renovated
2008:
– Patio created
2006:
– Wood-burning stove installed: chimney sweep says no upgrade is required
2005:
– Parking space built in front of the house
Approx. 1995:
– Roof replaced
– Plastic windows installed
– Wellness room with sauna and corner bathtub created
Solid mid-terrace house offering quality of life
You enter the gable-roofed house under the shelter of the entrance canopy. The availability of a separate WC on the ground floor, in the The attic, like the basement, plus the two bathrooms make the home especially family-friendly and practical for everyday living.
The spacious living room on the ground floor, with its crackling wood-burning stove, offers plenty of comfort. From the kitchen, which is equipped with a fitted kitchen, you can also step directly onto the elevated terrace (12 m²). Thanks to its northwest-facing orientation and covered design, it is a wonderful place to spend time even on hot summer days. It offers sweeping views across the easy-care garden and into the harmonious, green neighborhood. A staircase connects it to the garden, which can be enjoyed in your free time as you choose.
Two bedrooms are available on the attic floor – one of them is accessed via a study/dressing room. The attic bathroom, without a toilet, is equipped with a round shower and a washbasin. The wellness bathroom in the basement, without a toilet and featuring a large asymmetrical corner bathtub and sauna, is a special bonus.
The heating/utility room, with washing machine and dryer connections, and the cellar room with practical storage space complete this attractive property.
Interested in the terraced mid-terrace house in Kassel-Forstfeld? Then arrange an individual viewing appointment! I look forward to hearing from you.
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