The property
Two apartment buildings are for sale on a spacious plot of approximately 740 m² in a central location close to the city center of Velbert. The property offers an interesting combination of residential and commercial use and represents a solid investment with development potential.
The two buildings, which share a common staircase, have a total living space of around 500 m² and comprise a total of six residential units, each with three rooms, as well as one commercial unit. With the exception of one residential unit in the attic, all units are rented out.
The buildings are in good condition, but there is a need for renovation and modernization, which opens up further opportunities for investors to increase the value of the property.
The layout of the two apartment buildings is as follows: There is one residential unit and one shop on the ground floor. There are two spacious residential units on each of the first and second floors. There is another residential unit in the attic, which is currently not rented out. In addition, there is a loft space that is used as storage space.
The basement houses the usual building connections as well as tenant and communal storage rooms.
Please understand that we want to protect the privacy of the residents and therefore refrain from publishing interior photos as far as possible. However, you can get a first impression with our virtual tour, which we will be happy to provide on request. We are also happy to provide detailed information on the tenancies on request.
property data
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property number
780012685
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property type
apartment building
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place
Velbert
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year of manufacture
1925
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condition
Well-groomed
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Rented
Yes
Rooms
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Rooms
18
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balconies
2
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terraces
2
areas
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land area
approx.740 m²
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total area
approx.665 m²
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living space
approx.503 m²
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usable area
approx.162 m²
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Rentable area
approx.665 m²
Prices
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purchase price
559.000 €
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Annual rent is
35.997,84 €
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Annual rent should be
50.000 €
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outside commission
3,57% inkl. 19% MwSt. vom Kaufpreis
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Commission notice
All information is provided to the best of our knowledge. Subject to errors and prior sale. In the event of a successful sale, the buyer shall pay Kartheuser Immobilien GmbH a buyer's commission of 3.57% including 19% VAT. The commission is calculated based on the notarized purchase price. This exposé is preliminary information; the notarized purchase agreement alone serves as the legal basis.
energy performance certificate
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Energy performance certificate type
needs assessment
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energy efficiency class
F
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year of manufacture
1925
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Essential energy source
gas
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final energy demand
189kWh / (m²*a)
Facilities
The apartment building is in a generally well-maintained condition and has been continuously maintained over the years. However, individual modernization measures are recommended to ensure long-term sustainable rentability. The current fixtures and fittings include:
- Floor coverings: mainly PVC, textile, laminate, and tile
- Bathrooms: functional bathrooms with natural light and shower or bathtub
- Heating: gas heating systems
- Windows: insulated plastic windows
- Some plastic roller shutters
- 2 balconies
- 2 terraces
- Communal garden
- Fiber optic connection
- Separate tenant cellars
- Drying room
- etc.
Blueprints
Other information
Please note that visiting the property without prior arrangement or approaching tenants in the building will result in exclusion from the sales process.
Don't waste any time—send us your inquiry with your full contact details (name, address, telephone number).
If you are interested, we will be happy to provide you with our complete set of documents for the property. We have all property-specific documents available at the start of marketing. These include the cadastral map, land register extract, energy performance certificate, floor plans, etc. In addition, we always check our properties for encumbrances, contamination, any outstanding development costs, missing building permits, etc. We thus offer our prospective buyers a sound basis for a confident decision and peace of mind when purchasing.
A little tip in advance: discuss your financing options with your bank before arranging a viewing appointment. This will give you security in your purchase planning and allow you to act quickly when making your purchase decision. Many dreams of owning a home have been shattered because it took too long to clarify the financing afterwards.
Are you thinking about selling your property? We would be happy to advise you, without obligation, on whether a sale is worthwhile or whether renting offers more advantages. In any case, the right price is important when selling. We therefore offer you a free market value assessment of your property by our experts. Just get in touch with us. We look forward to hearing from you!
Steffen Heuchert MRICS
Independent real estate agent
Telefon: 02051 – 95 85 50 Mobil: 0163 – 436 48 98
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