Top location in Gelsenkirchen: Renovated apartment with rental potential

For sale is a modernized 3-room apartment on the 3rd floor of a well-kept apartment building in a central location in Gelsenkirchen-Buer. The apartment was recently renovated and impresses with a well thought-out floor plan, bright rooms and contemporary furnishings.

One highlight is its close proximity to the Gelsenkirchen campus of the Westfälische Hochschule, which makes the apartment particularly attractive for students and university staff. With its central location, good infrastructure and high-quality furnishings, this apartment offers an excellent opportunity for investors or owner-occupiers.

The rent is currently higher than usual, as the maintenance reserve has been increased in recent years. The owners' association has already initiated measures to reduce the housing allowance at the next owners' meeting in January or February 2025. The housing allowance currently covers all costs, including building up reserves. The new owner will therefore benefit from a well-maintained property with the potential to reduce monthly charges. The new housing allowance will probably be around 200 euros.

The apartment can be rented out immediately, especially to students, thanks to its proximity to the university. The furniture shown in the pictures shows a possible furnishing with which a warm rent of approx. 480 € per room can be achieved.

The apartment is located in the Buer district, not far from Gelsenkirchen city center. The Westfälische Hochschule is just a few minutes' walk away and offers a wide range of technical, economic and media-related courses. The location is ideal for students and university staff looking for a quiet yet central living environment.

The surrounding area offers an excellent infrastructure: shopping facilities, restaurants, cafés and cultural and sporting facilities are all within easy reach. Public transportation and good connections to the freeway ensure optimal accessibility within Gelsenkirchen and to neighboring cities.