Investment property with potential: 5 residential units | approx. 500 m² usable area | garden, pool & 3 garages

Investment property with potential: 5 residential units | approx. 350 m² | garden, pool & 3 garages

This spacious multi-family house with approx. 350 m² of living space and a total of five residential units offers attractive conditions for investors. The combination of several separately usable units, flexible layouts and additional development potential opens up a wide range of opportunities for sustainable letting and future appreciation.

A particular highlight is the attractive location with views, as well as the spacious outdoor area with garden and pool.

Five residential units – flexible use

The property comprises a total of five separate residential units, each with its own entrance as well as its own bathroom and WC.

This division offers particular advantages for investors: The individual units can be let separately, distributing rental income across several residential units and potentially reducing the vacancy risk compared with a single large residential unit.

At the same time, existing connecting doors ensure a high degree of flexibility. Individual apartments can be connected and used together if required. This allows the layout to be adapted to different living and usage concepts.

Layout of the residential units

Ground floor

• Apartment 1: approx. 30 m²
• Apartment 2: approx. 75 m²
• Apartment 3: approx. 65 m² – in need of renovation

Upper floor / attic floor

• Apartment 4: approx. 100 m²
• Apartment 5: approx. 80 m²
• additional unfinished attic with approx. 40 m²

The existing unfinished attic offers further development potential. Depending on structural and official requirements, it could, for example, be used to extend an existing apartment or create additional living space.

Interesting income potential

Based on an assumed average net rent of € 8,–/m² and lettable living space of approx. 350 m², the following rental potential results mathematically:

approx. € 2.800,– net rent per month
approx. € 33.600,– net rent per year

With a purchase price of € 399.000,–, this corresponds – based solely on the purchase price – to a calculated gross yield of approx. 8,4 %.

Taking into account approximately 10 % ancillary purchase costs as an example, as well as assumed costs of € 60.000,– for renovation and adaptation measures, this results in a total investment of around € 500.000,–. Based on this, the calculated gross yield would be around 6,7 %.

All rental, cost and yield figures are non-binding sample calculations. Actually achievable rents, vacancies, ongoing costs, financing, renovation and other expenses are not taken into account. No guarantee.

Building & condition

The building was constructed in several building phases. The original year of construction is not known exactly. An extension was added in 1978, and the last extension was carried out in 1998.

Four of the five residential units are generally ready for occupancy. Apartment 3, with approx. 65 m², is in need of renovation and offers corresponding modernisation and design potential.

Garden, pool & location with views

The spacious outdoor area offers a garden with pool and attractive opportunities for leisure activities.

The beautiful views over the surrounding landscape underline the special character of the property. A sheltered courtyard, balconies and further outdoor areas complement the generous amount of space.

Three garages & additional ancillary areas

A total of three garages are available for vehicles. In addition, there are further storage and ancillary areas offering practical usage options for residents and tenants.

Heating

Heating is provided electrically through a combination of radiators and infrared heating. In addition, a tiled stove provides pleasant warmth and a cosy living atmosphere.

Interesting for investors

The property combines several key advantages:

• 5 separately usable residential units
• approx. 350 m² of living space in total
• purchase price € 399.000,–
• calculated rental potential of approx. € 33.600,– annually based on an assumed net rent of € 8,–/m²
• flexible layouts through existing connection options
• additional unfinished attic with approx. 40 m² and development potential
• 3 garages as well as additional ancillary areas
• spacious garden with pool
• attractive location with views
• various options for letting, multigenerational living or a combination of owner-occupation and letting

A versatile property with interesting income and development potential for buyers looking for several residential units under one roof.

The broker is acting as a dual agent.