+++ Villa district - best location +++ from private owner

+++3-family house as a capital investment+++
or with conversion later also for own use?

We offer you a profitable and fully let investment property with flair in a prime location in the villa district of Wilhelmshaven. Long-term tenants (14, 8 and 3 years) characterize the property.

The house is maintained by the owners, the property management and the tenants and all necessary repairs are constantly carried out. In 2021, a new gas condensing central heating system from Bosch was installed and a hot water boiler was renewed. The attic apartment was renovated and the top floor ceiling was insulated. The balcony on the 1st floor was completely renovated. A staircase was built from the mezzanine floor out of the apartment into the small garden or backyard of the house. A glass wall and canopy were installed in the front door entrance area to protect against rain and wind. The cellar was renovated and plastered. A laundry room and cellar are available, including space for bicycles. In the cellar or basement there are 2 additional rooms including a kitchen and an extra bathroom. The rooms are equipped with windows and can be converted into habitable rooms.

The first floor apartment is divided into a living room, a dining room, a spacious bedroom, a bathroom and a kitchen with access to the courtyard terrace.

The upper apartment is similarly spacious, but also has a children's room/study. You can enjoy fresh air and the morning sun on the balcony.

The renovated top floor apartment consists of two spacious rooms, an eat-in kitchen with fitted kitchen and a bathroom. A storage room to the apartment is located on the same floor. High-quality vinyl flooring with an extra layer of insulation has been laid. The storage room could possibly be converted into a beautiful loggia facing south.

The attractive rental income of a good €15,000 p.a. makes the building a lucrative small investment in a prime location. From 2026, the rental income will increase to approx. 15,500 euros per year.
Approx. 1,570 euros purchase price per square meter of living space.

Our long-standing property manager of this beautiful property will be happy to take time for you. The manager will be happy to answer any questions you may have and will conduct an initial viewing of the common areas with you to get a first impression. Out of consideration for the long-standing tenants, we are only happy to organize apartment viewings if there is serious interest.

A new energy certificate has been applied for and will be available for viewing

The villa district is one of the most popular and sought-after residential areas in the Heppens district of Wilhelmshaven. The development began in 1912 and is largely characterized by Art Nouveau. This gives it a particularly high urban quality. It also has a very high proportion of green space. Brommy Park, a green oasis, is only a 2-minute walk away. The location is very central with all the infrastructure around it, but still very quiet. The street is mainly used by residents and neighbors, no through traffic.