| Type | Block of flats |
|---|---|
| Floor | 1 |
| Living area approx. | 384 m² |
| Year built | 1950 |
| Available from | Nach Vereinbarung |
|---|---|
| Heating | Self-contained central heating |
| Fuel type | Gas |
| Plot area | 1269 m² |
|---|---|
| Condition | Well kept |
| Type of energy certificate | Energy requirement |
| Floors in the building | 1 |
| Energy use (kWh/m² per year) | 293,1 |
| Rental income | 45.720 € |
| Purchase price | 695.000 € |
|---|---|
| Price per m² | 1,809.90 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsAn exceptional apartment building constructed with solid masonry, comprising seven terraced-style apartments with
approx. 384m² of rentable area, situated on a 1,269m² contiguous and very well-maintained plot in
Neumünster Tungendorf.
Countable terrace areas and sheds extend the living and usable area to approx. 474m². The apartment building is fully let and has a very satisfied tenant base, with clearly defined living arrangements and a shared sense of order.
The units vary somewhat in size and each has a separate, covered entrance.
The apartment building was built in 1950. In 1969, a change of use was approved for one apartment, which had previously been used as a row of shops.
The outdoor area is enclosed by fencing and an electric sliding gate, thus offering tenants pleasant privacy. In addition, the
well-maintained plot features various stables, a solid single garage, a carport and parking spaces.
Particularly noteworthy is the largest unit, which can certainly be considered an end-terrace house with 110m², 5 rooms and a separate corner plot.
The living area extends over several levels and offers plenty of room to stretch out. A fireplace also provides not only cosy moments but cost savings.
The units are each heated by a separate gas heating system located in the respective apartment.
Hot water is produced primarily via the heating system, with the exception of two units, which heat their hot water using a boiler.
The net rental income p.a. currently amounts to 45.720,-€ and is trending upward.
plus operating costs.
A yield of 6.57%
Heating, electricity and water costs are billed directly by the utility providers.
The gas boilers are predominantly Junkers, with one Vaillant, and date from the late 90s
Preparation of a declaration of division under the German Condominium Act (WEG) is available and can be implemented at any time.
Overview of individual units:
Apartment 1:
Ground floor, 2 rooms, 46m², kitchen, bathroom, hallway, gas heating, separate entrance
440€ net cold rent + 70€ operating costs; heating + electricity billed directly.
Apartment 2:
Ground floor, 2 rooms, 47m², kitchen, bathroom, hallway, gas heating, separate entrance
420€ net cold rent + 70€ operating costs; heating + electricity billed directly.
Apartment 3:
1st floor, 2 rooms, 49m², kitchen, bathroom, hallway, gas heating, separate entrance
430€ net cold rent + 75€ operating costs; heating + electricity billed directly.
Apartment 4:
Ground floor, 1 room, 32m², kitchen, bathroom, hallway, Gas heating, separate entrance
€340 net cold rent + €50 operating costs, heating costs + electricity are billed directly.
Apartment 5:
Ground floor, 2 rooms, 46m², kitchen, bathroom, hallway, gas heating, separate entrance €420 net cold rent + €70 operating costs, heating costs + electricity are billed directly.
Apartment 6:
1st floor, 2.5 rooms, 54m², kitchen, bathroom, hallway, gas heating, separate
entrance
€510 net cold rent + €100 operating costs, heating costs + electricity are billed directly.
Apartment 7:
Ground floor + 1st floor, 5 rooms, 110m², kitchen, bathroom, hallway, gas heating, fireplace,
share of the plot, separate entrance, parking space,
€1,250 net cold rent + €160 operating costs, heating costs + electricity are billed directly.
Graduated rent agreement: €1,492.57 net cold rent until 01.09.2031
7 residential units in RHS style
Solid construction
Separate apartment access
Gable roof construction
Fully rented
384m² rentable area
1.269m² plot
45,720,-€ annual net rental income with rising trend
Outbuildings/stables are not rented out
Solid single garage
2018 carport
Driveway plus parking space
2015 electric sliding gate
Pleasant privacy
2018 house paint
Fireplace
Sought-after residential area
Top tenant structure
Quiet rental community
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The promising property is located in Neumünster
Tungendorf, one of Neumünster's most popular districts.
Tungendorf, a pleasant place to live and enjoy life in the north of Neumünster, right in the heart of Schleswig-Holstein. This
district offers excellent infrastructure with all everyday shopping facilities, kindergartens,
schools, doctors, pharmacies, banks and leisure activities, as well as good motorway and bus connections.
Tungendorf is bounded by:
- Kieler Straße to the west
- Preetzer Landstraße to the north
- Dosenbek Creek to the east
- the (disused) Neumünster–Ascheberg railway line to the south.
Around 11,700 people live in Neumünster / Tungendorf.
The following schools are located here:
- Rudolf-Tonner-Schule (primary school)
- Pestalozzi-Schule (primary, lower secondary and intermediate secondary school)
695.000 € From Private Owner, No Brokerage Fee, 7-Family Investment Property, Apartment Building24536 Neumünster
1.320.000 € 4 Apartments in a Package24536 Neumünster– Neumünster