| Type | Block of flats |
|---|---|
| Living area approx. | 939 m² |
| Rooms | 45 |
|---|---|
| Bathrooms | 14 |
| Plot area | 639 m² |
|---|
| Purchase price | 1.099.000 € |
|---|---|
| Price per m² | 1,170.00 €/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 assumptionsYou enter this multi-family house, built in 1993, through the well-maintained and very welcoming stairwell. On the ground floor, on the left, you will find the former owner-occupied apartment, currently consisting of a large living/bedroom, a large eat-in kitchen, hallway, bathroom and balcony.
The studio apartments are located centrally on each floor, facing the garden, with three-room apartments on the right. From the first upper floor onwards, the apartments on the right are also three-room apartments. All apartments except those in the attic are equipped with attractive balconies; from some of them you can even see the landmark of the city of Wuppertal – the historic suspension railway.
In total, this property offers approx. 1,024 m2 of living space for rent, spread across five floors:
•1 one-/two-room apartment á 57.32 m2
•5 studio apartments á 27.38 m2 – 32.48 m2
•7 three-room apartments á 85.49 m2 – 92.53 m2
•1 four-room apartments á 112.87 m2
According to the 2024 rent index, the target rent at full occupancy is €90,583 - excluding the possible 20% surcharge for new lettings. Currently, only 6 apartments are normally rented, for a total rent of €32,090/year. In addition, there is a resident in the attic who lives rent-free and in return looks after the house and garden as the caretaker. The other 7 apartments are vacant. With professional letting, there is great potential here for you to quickly increase returns through new lettings. There have already been several rental inquiries, but the owner did not want to sign any further rental agreements in view of the sale.
There is a driveway into the courtyard on the left side of the house. According to the planning documents, parking spaces were planned in the courtyard. However, the courtyard is currently used as a shared garden rather than for parking. The house has a basement. In the well-maintained basement, alongside the tenants' storage rooms, you will find the building services, laundry/drying room, a communal room and access to the garden.
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