| Living area approx. | 513 m² |
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| Rooms | 17 |
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| Plot area | 670 m² |
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| Usable floor area | 1103 m² |
| Purchase price | 695.000 € |
|---|---|
| Price per m² | 1,354.78 €/m² |
| Commission | 3,57% (3,57 % inkl. 19 % MwSt. (des notariell beurkundeten Kaufpreises)) |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsConstruction phases
· 1934: Original new build
· 1938: Conversion
· 1949: Conversion
· 1952: New build/addition on the right
· 1955: Raising of the workshop
· 1959: Conversion
· 1965: Expansion of storage
· 1990: Conversion of storage area into apartment
The offered residential and commercial building in a central location in Blankenrath presents itself as a high-yield investment property with a total of nine units – including six residential units and three commercial units. The building was originally erected in 1934 and was expanded and converted several times over the decades, so that today a lettable area of around 855 m² is available.
The property is almost fully let and currently generates an annual net rent of €53,464.80. At full occupancy (including the currently unused storage area on the ground floor), an annual return of around €60,000 is realistic. This corresponds to a target yield of 8.63% with an attractive factor of 11.58.
The tenant structure is solid and consists of both private tenants and long-established commercial tenants, including a travel agency and an insurance company. Thanks to partially staggered lease agreements, a sustainable increase in income can also be expected.
There are also development prospects for investors: the currently vacant storage area of approx. 154 m² can either be re-let or converted for alternative uses. Through targeted modernization and adaptation to today's standards, rental income can be further optimized.
With its central location in the town, solid tenant structure, and good relationship between purchase price and income, this property represents an interesting opportunity for investors and long-term holders who value long-term stability and development potential.
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