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Very well rented 3-room apartment as an attractive investment with 4.5% yield in Cologne!
51063 Köln (Mülheim) – Nordrhein-WestfalenAn apartment in a solid 6-party building in Cologne-Mülheim is for sale. The apartment is let on a long-term lease and generates a return of around 4.5% with a net cold rent of EUR 7,800 per year.
Are you interested in this apartment?
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Object Number
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OM-323664
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Object Class
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apartment
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Object Type
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apartment
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Is occupied
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Occupied
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Handover from
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by arrangement
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Purchase price & additional costs
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purchase price
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175.000 €
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Purchase additional costs
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approx. 14,219 €
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Total costs
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approx. 189,218 €
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HOA fee
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280 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
Does this property fit my budget?
Estimated monthly rate: 609€
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Details
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Condition
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well-kept
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Level
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1st floor
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Bathrooms (number)
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1
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Flooring
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laminate, tiles
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Heating
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central heating
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Year of construction
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1972
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Equipment
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basement
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport
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Information on equipment
A new gas central heating system is currently being installed in the house. We will bear the costs for this. The apartment is in a well-kept condition (the pictures were taken before letting). There is no need for repairs/investment backlog.
Location
The property is located in Cologne-Mülheim near the Mülheim feeder road. This means that the apartment is very well connected and you can get into the city very quickly.
Location Check
Energy
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Energy efficiency class
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E
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Energy certificate type
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demand certificate
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Main energy source
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gas
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Final energy demand
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150.00 kWh/(m²a)
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Miscellaneous
The property is being sold free of commission directly by the owner. Please do not contact estate agents.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
Send a message directly to the seller
Questions about this apartment? Show interest or arrange a viewing appointment?
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