| Type | Mid-terrace house |
|---|---|
| Bedrooms | 2 |
| Rooms | 3 |
|---|---|
| Bathrooms | 1 |
| Usable floor area | 120 m² |
|---|
| Purchase price | 169.000 € |
|---|---|
| Commission | no commission for buyers |
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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Solidly rented mid-terrace house with stable rental income
For sale is a well-maintained, currently rented end-of-terrace house with two full floors in Bremen-Tenever – an attractive opportunity for investors looking for a solidly rented existing property. The house was solidly constructed and features red brick cladding as well as a classic pitched roof. According to the available construction documents (house type “Nordstrand”, built in the early 1990s for GEWOBA), the living space of approx. 120.30 m² is distributed over the two floors; there is no basement.
On the ground floor, a hallway provides access to the bright living and dining room, the kitchen with adjoining utility room, and a separate guest toilet. The upper floor offers two bedrooms and a bathroom with a bathtub and separate shower. The house is heated via district heating. The property also includes its own parking space directly at the house, which is rented together with the property on a fixed basis.
The property is currently rented on a long-term basis and generates monthly rental income of approx. €660 (€625 net cold rent plus €35 for the rented parking space), corresponding to annual net cold rent of approx. €7,920. Based on a purchase price of approx. €169,000, this results in a gross rental yield of approx. 4.7% or a purchase price factor of approx. 21.3. This non-binding brief calculation takes neither financing costs nor taxes or individual operating costs into account.
The energy performance certificate is currently being prepared and will be presented to prospective buyers unsolicited as part of the initial viewing.
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