Get out of renting with affordable ownership or secure returns

3-family house plus UG app, owner-occupation and return without estate agent's commission. With a good return and plenty of space to own your own home.

3-family house, already energetically renovated, basement/ ground floor/ first floor/ attic, 10 cm full thermal insulation, new oil condensing boiler with tanks and fireplace, attic newly extended in 2016, triple glazed, 20 cm roof insulation. 1,038 sqm plot, 2 garages. Landshut is only 5 minutes away by car. Absolutely quiet location (Lindenstraße).

Currently the attic and upper floor are well rented, p.a. 17,400 EUR net rent (increase of 10% possible, then 19,140 EUR).

With the current rental income, EUR 540,000 can be financed at 3.2% (currently 3.2% p.a. over a 10-year term) without any further outlay.

The remaining 60,000 EUR would only cost 1,920 EUR p.a./ 160 EUR per month.

The ground floor (approx. 110 sqm living space) and a garage, as well as the apartment in the basement with bathroom (approx. 40 sqm living space), are available and can therefore be occupied immediately - make your dream home come true!

The facade may need a new coat of paint. The ground floor and first floor have newly installed/refurbished wood-burning stoves, without any time restrictions.

Alternatively­, a return on investment without owner-occupation is also feasible:
For the ground floor with garage and garden, there is a rental offer
for 1. 350 EUR.EUR p.M. net cold. The basement with bathroom could also be rented immediately for 400 EUR net cold.
With an increase of the existing rents to EUR 19,140 p.a. plus EUR 21,000 on the ground floor and basement, a net rental income of EUR 40,140 is no problem.

This results in a return of 6.6 % p.a. on the purchase price.

Private sale - without estate agent - and therefore without estate agent's commission, saving you approx. 25,000 EUR! Letting inquiries, as well as estate agent inquiries, are pointless.