| Selling Price | 450.000 € |
|---|---|
| Courtage | no courtage for buyers |
| HOA Fee Tenant | 9960 € |
In the heart of the charming and up-and-coming district of Krefeld-Uerdingen, this well-kept residential and commercial building is waiting for a new owner. With its historical substance dating back to 1908 and its striking location, the property offers an attractive yield package on approx. 256 m² of rentable space: 211 m² are living space, spread over four residential units, and the first floor also houses an established store of approx. 45 m², which has been reliably rented out as a hairdressing salon for over 17 years.
The property is in a well-kept condition and was last modernized in 2023 (including renewal of the heating and electrical systems). Long-term rental agreements and a stable rent level ensure solid basic occupancy and a secure return.
Investors have the opportunity to generate attractive long-term returns here. The redevelopment plans for the Uerdingen district also promise to significantly upgrade the neighborhood. The planned urban redevelopment includes measures to promote the quality of the location and revitalize the historic city center, from upgrading public spaces to promoting residential and commercial environments.
An additional point for investors: the property is being sold in its current condition, but a renovation cost of around €40,000 has been factored into the sale price. These costs could be used for the future if one of the apartments becomes vacant. This not only makes the property more attractive to potential tenants, but also ensures an increase in value for you as the owner in the long term.
Are you looking for a high-yield investment? This property combines reliability with prospects - in a promising district of Krefeld. We will be happy to provide you with a detailed investment valuation and further documents on request.
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Advantages for investors
1. solid yield potential: current annual net rental income of € 28,728 with potential for development to a target rent of approx. € 31,760 through slight rent adjustments.
2 Stable tenancies: The commercial unit on the first floor has been let to a hairdressing salon for 17 years - a sign of reliability and continuity.
3. future-oriented urban planning: the planned urban redevelopment of Uerdingen not only offers an increase in the attractiveness of the location, but also a promising potential for increasing the value of the property.
4 Renovation costs already calculated: With €40,000 in renovation costs calculated for possible maintenance work in the event of vacancies, future investments have been considered with foresight.
5 Historic flair and modernity combined: The latest modernization (2023) ensures a solid technical standard, while the building retains its historical flair.
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For interested parties wishing to make an informed investment decision, we have extensive documentation available on request. These include
-SWOT and market analysis: A comprehensive investment appraisal report based on the income capitalization approach:
Precise financial metrics, specific analysis of the property's strengths and weaknesses and its micro-location to assist you in strategically evaluating its potential.
-Urban redevelopment and site development concepts: Plans and analyses for the redevelopment of the Krefeld-Uerdingen district
-Tenant target group analysis: Detailed description of tenant profiles
Do not hesitate to contact us to view these documents and fully exploit the potential of this unique investment!
Hairdressing salon:
Renovation before moving in, electrical protection devices (RCD switch),
new water and waste water pipes -> 01.01.2007
1ST FLOOR:
Before the tenant moved in: renovation, new windows, new bathroom -> 16.09.2016
2ND FLOOR:
Before the tenant moves in: New laminate flooring, new skylight bedroom + bathroom -> 01.11.2020
(All contracts are not graduated rental contracts, but only partly index-linked rental contracts)
Extension:
GROUND FLOOR:
Core renovation before moving in -> 01.07.2015
1ST FLOOR:
New laminate flooring, renovation before moving in -> 01.09.2015
Hall:
General maintenance such as painting inside and outside,
Installation of own electricity meter, installation of a motor for the hall door in 2023
Modernizations:
2018 - DG insulation main house
2019 - Painting of the staircase
2020 - Insulation and painting of the west side of the extension
2020 - Painting the façade, hall and courtyard gate
2023 - New condensing boiler heating, inspection of the gas pipes
LIME Real Estate & Marketing
Mr. Athanassios Zurnatzis
Westring 86
47981 Tönisvorst
Phone: 0152 587 658 04
post@lime-immobilien.de
Chamber of Commerce: IHK Viersen
Professional supervisory authority: Permission according to §34c of the trade regulations by the Ordnungsamt Viersen, Am Alten Rathaus 1, 41751 Viersen.
Platform for online dispute resolution:
http://ec.europa.eu/consumers/odr
Memberships:
Thano Zurnatzis is a board member of the regional advertising association "St-Tönis-erleben".
Member of the Chamber of Industry and Commerce Mittlerer Niederrhein
Verified partner of immowelt.
Further training:
IHK Real Estate Agent Certificate
Certificate for structural damage to real estate
Certificate for real estate valuation
The property is in a convenient yet family-friendly location in Krefeld-Uerdingen.
This location offers a balanced mix of urban convenience and quiet recreational areas along the Rhine, making it ideal for families and commuters. The Uerdingen district is characterized by a well-developed infrastructure and a wide range of facilities for everyday needs. At the same time, the surrounding area offers numerous recreational areas, such as the nearby Rhine promenade, for leisure activities in the countryside.
The proximity to educational institutions, shopping facilities and leisure activities makes this property an attractive location. The quick accessibility of freeways and neighboring cities expands the options for professionals and makes the location flexible and versatile.
