| Type | Block of flats |
|---|---|
| Living area approx. | 256 m² |
| Bedrooms | 11 |
| Rooms | 11 |
|---|---|
| Bathrooms | 5 |
| Plot area | 180 m² |
|---|---|
| Usable floor area | 256 m² |
| Purchase price | 340.000 € |
|---|---|
| Price per m² | 1,328.12 €/m² |
| Commission | 0 |
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This well-maintained apartment building in a central location in Aschersleben, the traditional town at the “Gateway to the Harz,” represents an interesting investment opportunity for investors. The property comprises a total of four residential units with a total living area of approx. 256 m² and offers attractive prospects for short-term income growth due to the current rental situation.
Currently, three of the four apartments are rented and generate an annual net cold rent of approx. €14,523.84. The vacant residential unit with an area of around 82 m² gives investors the opportunity to immediately generate additional rental income. With full occupancy, an annual net cold rent of around €21,412 appears realistic, significantly increasing the property’s existing income potential.
The building is in a renovated and predominantly modernized condition. Since 2017, numerous measures have been carried out that have contributed to a sustainable improvement in living quality and the preservation of the property’s value. As a result, the property now presents itself as a solid investment with good rental prospects. All essential building components, including the electrical system, comply with the technical standard as of 2017.
The central location within Aschersleben is particularly appealing. The town has well-established infrastructure with short distances to shopping facilities, service providers, schools, doctors, and public transport. At the same time, the location benefits from its proximity to the Harz and its importance as a regional center in the Salzland district. The combination of urban infrastructure and attractive surroundings ensures stable demand for housing.
The property gains additional charm from its inclusion in a heritage-protected street. The building is located within a heritage conservation area and blends harmoniously into the historic townscape. The characteristic old-town character and established neighborhood increase the location’s appeal for both tenants and long-term-oriented investors.
With four residential units, attractive rental reserves, completed modernizations, and a central location, this apartment building offers a convincing basis for sustainable rental income and further potential for appreciation.
Due to heritage protection, no Energy performance certificate required.
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