The property
Here we present a well-maintained apartment building with a rear building, small garden, and two garages, which was built around 1899 and is a solid investment property with development potential. The property, which has a partial basement, has a ground floor, two upper floors, and an unfinished attic, which is currently used as a drying room. The building comprises a total of five residential units with living spaces ranging from approx. 44 m² to 116 m², with another unit on the ground floor currently being used as storage space. Three of the five residential units are rented out; two apartments are available for new tenants.
Behind the main building is a courtyard with the rear building, two garages, and organized storage areas for garbage cans.
The rear building extends over two floors and offers its tenants a terrace and access to a small garden area – an attractive extra that adds to the living value. However, the garden is generally available to all tenants.
In the basement of the building, you will find the usual building connections, a new heating system, and separate tenant storage rooms. The property has been continuously maintained over the years and is in a normal state of repair.
The apartments are mainly fitted with PVC, laminate, and tile flooring, daylight bathrooms with shower or bathtub, gas heating, and double-glazed plastic windows. The location on a busy street should also be taken into account in future planning.
With a total living space of approx. 403 m², additional storage space, a small garden attached to the extension, a parking space, and a garage, this property offers a solid basis for investors looking for a well-maintained property with potential for further value appreciation.
Please understand that we want to protect the privacy of the residents and therefore refrain from publishing interior photos as far as possible. You have the opportunity to experience our virtual tour, which will give you a brief first impression. Simply send us your written contact request with your full contact details and we will send you the access link and further detailed property information.
property data
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property number
780012520
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property type
apartment building
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place
Velbert
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year of manufacture
1899
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condition
In need of partial or complete renovation
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Last modernization
1988
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Available from
By arrangement
Rooms
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balconies
1
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terraces
1
areas
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land area
approx.549 m²
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total area
approx.403 m²
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living space
approx.403 m²
Prices
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purchase price
449.000 €
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Annual rent is
19.446 €
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Annual rent should be
36.000 €
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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 a buyer's brokerage 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
H
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year of manufacture
1899
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Essential energy source
gas
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final energy demand
336,37kWh / (m²*a)
Facilities
The apartment building is in a normal state of repair 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:
Living space flooring: predominantly PVC, laminate, and tile coverings
Bathrooms: functional bathrooms with natural light, with a choice of shower or bathtub
Heating: gas heating systems
Windows: insulated plastic windows
Outdoor area: small garden area for the exclusive use of the tenants of the annex
Basement rooms: separate tenant basements and standard building connections in the basement
Courtyard: organized storage areas for garbage cans
Attic: Unfinished dry floor for use as a laundry drying area
These features provide a solid foundation for further upgrading the building and increasing the rental standard.
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!
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