Capital investment with substance: Rented 4-room ground floor apartment with terrace and underground parking space in Wermelskirchen

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Selling Price & Extra Costs

About this dream apartment

Property Description

This interesting condominium offers capital investors an attractive opportunity to invest in a residential property already let in Wermelskirchen. The offered unit 6 is located on the ground floor of a well-maintained apartment building with a total of 17 residential units, underground garage, and elevator. The building was constructed as a condominium complex with 17 apartments as well as underground garage and additional parking spaces.<br><br>The apartment has around 104 m² of living space and impresses with a well-thought-out, family-friendly floor plan. It comprises a spacious living and dining area, a separate kitchen, a master bedroom, two additional rooms, a bathroom, a separate WC, a hallway with cloakroom area, a practical storage room, and a terrace<br><br>This layout is particularly interesting for capital investors, as spacious ground-floor apartments with terrace, a good number of rooms, and convenient accessibility by elevator appeal to a broad target group of tenants. Whether small families, couples needing space, or older tenants this apartment size and the low-barrier access speak for sustainable rental potential. In addition, the apartment includes an underground parking space, which further increases the residential value and additionally strengthens the attractiveness of the offer from an investor’s perspective.<br><br>The apartment has been rented since 01.01.2018. The monthly net cold rent is EUR 714 for the apartment and EUR 50 for the underground parking space. This brings the current rental income to a total of EUR 764 per month or EUR 9,168 per year. The asking price is EUR 299,000. This gives investors the opportunity to acquire an already rented unit with ongoing income and further development potential.<br><br>The building’s structural concept also underlines the sustainable character of this investment. The building was constructed using solid masonry and, among other things, has reinforced concrete floors, a central gas heating system with hot water preparation, double-glazed plastic windows, and shutters. This solid basic structure forms a good basis for a long-term value-retaining investment.<br><br>Overall, this is a well-laid-out, rented terrace apartment in a larger condominium complex with elevator and underground parking space an offer that is particularly interesting for capital investors who value an already established tenancy, a sought-after apartment size, and lay a solid foundation.<br><br><br><br><br>

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