Two apartment buildings near Herford hospital with 8 apartments and 8 garages

This attractive offer comprises two well-kept apartment buildings located in a quiet residential area close to Herford Hospital.
The buildings were constructed in 1975 and 1980 and are situated on a spacious plot of 2,151 m².

A total of 8 apartments with a total living space of 653 m² and 8 garages are available.

The units are spread over two floors and offer a total of 24 rooms, 16 bedrooms and 8 bathrooms.
Each apartment is equipped with a guest WC. The solid construction and the central heating system, which runs on natural gas, ensure a pleasant living environment.

The properties are fully let and currently generate a monthly rental income of € 3,480, which corresponds to an annual rent of € 41,760. With a gross rental yield of approx. 4.68 %, the houses represent a worthwhile investment for capital investors. The apartment building from 1980 houses three apartments that are subject to a fixed rent (cost rent) for the next 10 years.
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The properties are in a central and sought-after location in the Hanseatic city of Herford, which has a population of around 66,000 and is situated in the heart of East Westphalia.
Herford is only 15 km north-east of Bielefeld and 46 km east of Paderborn, which ensures excellent transport links.
The property is in close proximity to the city center, which offers a variety of shopping opportunities, cultural facilities and services. The surrounding residential area is characterized by a cosy and family-friendly atmosphere, with good infrastructure and a green environment.
A particular advantage of this location is its proximity to Herford Hospital, one of the most important healthcare facilities in Ostwestfalen-Lippe. Klinikum Herford offers comprehensive medical care with 21 clinics and institutes as well as 10 certified centers and departments. Around 32,000 inpatients and around 75,000 outpatients are treated here every year, ensuring a high availability of medical expertise in the immediate vicinity.
The proximity to public transport and good connections to the highway network make this location particularly attractive for both professionals and families. The surrounding area also offers numerous green spaces and leisure facilities, making living in this area even more pleasant.
The property itself is well developed and offers all the necessary connections and services in the immediate vicinity, making daily life easier and more convenient. Doctors, schools and shopping facilities are also close by, further enhancing the quality of life.