- Immobilien
- Nordrhein-Westfalen
- Kreis Recklinghausen
- Herten
- Renovated MFH with high depreciation
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Renovated MFH with high depreciation
46599 Herten – Nordrhein-WestfalenThis characterful apartment building from 1904 combines the charm of an old building with modern living quality. In 2023, 5 of the 6 residential units and parts of the communal property were upgraded, with a focus on attractive rentability.
An expert appraiser has estimated the potential depreciation at approx. 5%.
Refurbishment work 2023 in detail
First floor:
Apartment on the left: Partially renovated with fresh wall paint and painted doors.
Apartment on the right: Also partially renovated, to a similar extent as the unit on the left. The focus was on functional and well-maintained use.
1st floor:
Apartment on the left: Fully modernized with new heating and water pipes, completely new bathroom, high-quality plastered walls (Q3) and an open-plan living concept.
Apartment on the right: Completely refurbished, identical to the unit on the left, with a focus on a modern and light-flooded design.
2nd floor:
Apartment on the right: Partially refurbished. Fresh wall paints and partial bathroom modernizations were carried out.
Apartment on the left: No refurbishment measures, rental contract still exists.
Common property:
Roof: Insulation to increase energy efficiency.
Are you interested in this offer?
Object Number
|
OM-327436
|
Object Class
|
apartment building or investment property
|
Object Type
|
residential and commercial building
|
Handover from
|
by arrangement
|
Purchase price & additional costs
purchase price
|
880.000 €
|
Purchase additional costs
|
approx. 68,109 €
|
Total costs
|
approx. 948,108 €
|
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
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Estimated monthly rate: 3,057€
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Details
Condition
|
renovated
|
Year of last modernization
|
2023
|
Number of floors
|
4
|
Commercial area
|
37 m²
|
Total area
|
471 m²
|
Number of parking lots
|
2
|
Net rental income (actual) p.a.
|
48510 €
|
Number of units
|
7
|
Flooring
|
laminate, vinyl / PVC
|
Heating
|
floor heating
|
Year of construction
|
1904
|
Equipment
|
basement, shower bath
|
Information on equipment
Living space: approx. 434.15 m²
Commercial space: approx. 37.48 m² (rented for an indefinite period since 2011).
Type of heating: Gas boilers per residential unit (2013).
Parking spaces: 2.
Net annual rent (actual): approx. € 28,709
Annual net cold rent (target after new letting): approx. € 46,988
The letting of the two currently vacant units is guaranteed, so that you benefit from the planned total return.
Location
The apartment building is centrally located in Herten, a lively town in the heart of the Ruhr region. The location offers an ideal mix of urban connections and a lifestyle close to nature:
The A2 and A43 highways are just a few minutes away.
Bus stops are on the doorstep; S-Bahn line 9 connects Herten with Bottrop and Recklinghausen.
Shopping facilities, restaurants and leisure activities are all within walking distance.
Schlosspark Herten and Ewaldsee offer recreational opportunities in the countryside.
Location Check
Miscellaneous
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