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The property

This well-maintained 2-room condominium on the ground floor of a four-story residential building in Solingen offers a solid investment with immediate returns on a living area of approximately 51 m². The unit is currently rented and is therefore ideal for investors seeking a high-yield property that generates immediate income.

The apartment stands out for its clear and functional layout. The spacious living room, with its wide window front, creates a bright, light-filled living area and forms the heart of the apartment. A separate bedroom offers ample privacy. The separate kitchen is conveniently accessible via the central hallway and provides plenty of space for daily use. The bathroom rounds out the well-thought-out floor plan.

The flooring consists of low-maintenance tile and laminate, which give the apartment a neat and cozy appearance. The apartment is heated by an electric heating system.

The apartment includes a practical basement storage room for additional storage space. In addition, an outdoor parking space is included in the purchase price, which enhances the tenant’s living comfort and further increases the property’s appeal as an investment. The outdoor parking space is leased to the tenant for €25 per month and is already factored into the return on investment. The monthly rent consists of a base rent of 480.00 plus 25.00 € for the outdoor parking space.

This well-maintained apartment building is situated on a spacious lot of approximately 848 m², which also offers ample outdoor space and a pleasant living environment.

The combination of an existing lease, a light-filled living room, a practical floor plan, and the outdoor parking space included in the purchase price makes this apartment an attractive and straightforward option for investors.

Note: The exact monthly maintenance fee is still being calculated; the maintenance reserve is expected to amount to approximately €18,000.00. The outdoor parking space has been valued at €6,000.00 and is included in the purchase price of €119,500.00 (the parking space is subject to a right of exclusive use and therefore cannot be sold separately).

Curious? Then take this opportunity to get a first impression with our virtual tour, which we’ll be happy to provide upon request.

property data

  • Property ID

    780013030

  • Object type

    Apartment building / Investment property

  • Location

    Solingen

  • Year of manufacture

    1967

  • Condition

    Well-groomed

  • For Rent

    Yes

  • Camping sites

    1

Rooms

  • Room

    2

  • Bedroom

    1

  • Bathroom

    1

areas

  • Lot size

    approx.848 m²

  • Living space

    approx.51 m²

  • Leasable area

    approx.51 m²

Prices

  • Purchase price

    119.500 €

  • The annual rent is

    6.060 €

  • Outside commission

    provisionsfrei

energy performance certificate

  • Energy Performance Certificate Type

    needs assessment

  • Energy efficiency class

    E

  • Year of manufacture

    1967

  • Major energy source

    electricity

  • Final energy demand

    131,90kWh / (m²*a)

Facilities

The common areas and the apartment are in good condition.

- Flooring: Tile and laminate flooring
- Double-glazed PVC windows
- Night storage heating
- Bathroom with a bathtub
- Washing machine hookup in the bathroom
- One basement storage room
- Outdoor parking space with exclusive use rights

Blueprints

location

The Wald neighborhood in Solingen is located in the heart of the Bergisches Land region and stands out for its excellent infrastructure, high quality of life, and convenient location.

Schools of all types are located in the immediate vicinity, including the renowned Humboldtgymnasium and Weyer Elementary School, as well as several daycare centers such as Kita Bici Bici right on Altendorfer Straße. Doctors’ offices and pharmacies are also within easy reach.

Daily needs can be easily met: supermarkets, bakeries, and specialty shops are within walking distance. The charming center of Wald, with its historic circular village, small shops, and cozy cafés, is a popular gathering place for young and old alike. The “Hofgarten” shopping center in downtown Solingen is just a few minutes away.

The Lochbach Valley, the Itter Valley, and the Heide outdoor pool are perfect for relaxation. Numerous sports clubs and recreational opportunities round out the offerings.

Transportation connections are excellent: several bus lines, the Solingen Mitte train station with S-Bahn and Regional Express services, and the A46 and A3 highways provide quick access to Düsseldorf, Wuppertal, Remscheid, and Cologne.

Other information

Don't waste any time—send us your inquiry, including your full contact information (name, address, phone number).

If you’re interested in learning more, we’d 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 the marketing process. These include the cadastral map, land registry extract, energy performance certificate, floor plans, etc. In addition, we always review our properties for encumbrances, contaminated sites, any outstanding development costs, missing building permits, and so on. We thus offer prospective buyers a solid foundation for making a confident decision and feeling secure about their purchase.

A quick tip in advance: Discuss your financing options with your bank before scheduling a viewing appointment. This will give you certainty when planning your purchase and allow you to act quickly when making your decision. Many dreams of home ownership have already been dashed because sorting out financing took too much time afterward.

Are you thinking about selling your property? We’d be happy to advise you, with no obligation, on whether selling is worthwhile or if renting it out offers more advantages. In any case, setting the right price is crucial when selling. That’s why we offer a free market value assessment of your property by our appraisers. Just reach out to us. We look forward to hearing from you!

Interested in this property? Make a non-binding inquiry now.

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