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5% yield in a bundle of 2 apartments + value protection! Modernized apartments with balcony in top location!

Kölner Str. 44, 40211 Düsseldorf (Stadtmitte) – Nordrhein-Westfalen
590.000 €
3
Room
104.69 m²
Living Area
Private offer
apartment

An investment that is second to none: buy two extensively modernized apartments with balconies in the heart of Düsseldorf's city center. Thanks to the top location, excellent condition and comfort highlights such as the balconies, the bundle is not only a highly profitable investment but also a secure capital investment.

There is a preliminary rental agreement for both apartments, which can be signed at any time at the conditions below, resulting in the following income levels:
Income situation 4th floor:
Basic rent apartment = € 805
Furnishing fee = € 100
Cellar room = 40 €
Internet = € 10
Total basic rent = € 955

Income situation 5th floor:
Basic rent apartment = € 1,300
Furnishing fee = 150 €
Cellar room = € 40
Internet = 10 €
Total basic rent = € 1,500

With a total rental income of € 2,455 per month (€ 29,460 p.a.), this results in a return on investment of 5%! The basic rent is agreed as a graduated rent, so that the basic rent for both apartments increases by 5% annually as part of the value retention.

The house rent is divided as follows:
Apartment 4th floor: 178.33 € (of which reserve 44.33 €) --> apportionable 98.30 €
Apartment 5th floor: € 230.60 (of which reserve € 60.60) --> apportionable € 134.30

Both apartments were renovated in 2024 with high-quality materials and offer high-quality living space. By modernizing the windows (4th & 5th floor) and the heating boiler (5th floor), the apartments are sustainable and energy-efficient with energy efficiency class B. The apartment on the 5th floor is perfect for singles and couples who value first-class living comfort. The unit on the 4th floor is the perfect home for singles who appreciate urban living with good connections to the infrastructure thanks to its cleverly designed floor plan.

Living space:
4th floor: 44.69 m²
5th floor: 60.00 m²

The comments on the furnishings refer to the apartment on the 5th floor.
The following renovation and modernization measures are currently being implemented for the 4th floor
- Replacement of the windows facing the street in June 2024
- New paint throughout the apartment
- Surface refurbishment (skirting boards, door frames, etc.)

The building has an elevator, providing barrier-free access to the apartment. This makes the unit a suitable choice for people of an advanced age. The apartment building comprises a total of 17 residential units.

There is no brokerage fee for the buyer!

We look forward to hearing from you.

Are you interested in this apartment?

Object Number
OM-298188
Object Class
apartment
Object Type
apartment
Is occupied
Occupied
Handover from
immediately

Purchase price & additional costs

purchase price
590.000 €
Purchase additional costs
approx. 45,949 €
Total costs
approx. 635,949 €
Purchase price garage/parking space
22,000 €
HOA fee
409 €

Breakdown of Costs

Purchase price 590.000 €
Real estate transfer tax 38,350 € (6.50%)
Notary costs 5,022 € (0.85%)
Land register entry 2,578 € (0.44%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 2,167€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.51%

Details

Condition
first occupancy after renovation
Number of floors
7
Usable area
12 m²
Bathrooms (number)
2
Bedrooms (number)
2
Flooring
parquet, tiles, vinyl / PVC
Equipment
balcony, basement, elevator, shower bath, fitted kitchen, barrier-free
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

Exterior and interior fittings
The old floor was completely removed as part of the 2024 refurbishment. The new, high-quality real oak parquet was laid on a leveling compound. With a thickness of 14 mm, the parquet flooring can be sanded down several times after a few years if necessary. The skirting boards were renewed in all rooms of the apartment and visually highlight the real wood parquet flooring. The walls in the entire apartment were repainted in the color "pearl white". A visually warmer shade of white was used in the bathroom.

The fitted kitchen contains high-quality appliances such as a Neef extractor hood and a Bosch oven. The same 60 x 60 cm matt rectified tiles were laid in the kitchen and on the balcony. In addition, the façade on the side facing the rear courtyard was repainted white.

Electrical
The apartment's electrical concept was extensively optimized. A new fuse box was installed in the hallway. New sockets were installed for the washing machine and dryer. The entire switch set was replaced not only in the apartment, but also in the hallway. All lamp connections and existing sockets in the apartment were replaced.

Dimmable LED spotlights were installed in the hallway and bathroom. The ambient lighting in the living room and bedroom can also be dimmed. One highlight is the illuminated shadow gap in the bathroom, which creates a cozy light. The balcony has been fitted with outdoor lighting and an outdoor socket.

Heating & plumbing
In terms of energy, the apartment is in very good condition. A new gas heating system including a new thermostat from Vaillant was installed, which ensures efficient and cost-saving heating of the apartment.

The bathroom was completely renovated as part of the 2024 refurbishment. The old floor and wall tiling was replaced with 60 x 120 cm "Siena laisa" tiles, matt rectified. The walls are tiled up to 1.20 meters, the wet area of the shower up to the ceiling.

All sanitary facilities have been newly installed. A new washing machine connection was installed to the left of the shower. The "Neoro" brand concealed toilet from the manufacturer Reuter impresses with its quiet and efficient flushing performance and antibacterial toilet seat. The washbasin positioned on a vanity unit is also a "Neoro" brand from Reuter. The wall-mounted mixer tap from the manufacturer Grohe in , anthracite rounds off the modern look of the washbasin.

The corner shower tray, including the corresponding revolving shower door from the manufacturer Bernstein, was installed in a 100 x 100 cm format. Fittings from the manufacturer Grohe are installed inside the shower. The highlight of the bathroom is certainly the high-quality rain shower. In addition to the wall-mounted mixer and shower fittings in anthracite, the toilet cistern, toilet roll holder and toilet brush holder are also designed in anthracite, creating a harmonious interplay of colors.

Windows & doors
To maximize the benefits of the new boiler, new windows and doors from the manufacturer "Deceuninck" were installed throughout the apartment on both sides facing outwards. These are triple soundproof insulated glazing. This not only significantly increases the energy efficiency of the apartment, but also reduces the urban background noise.

The seals to the windows and doors were also renewed. All door frames were refurbished and repainted in white.

Location

The state capital of North Rhine-Westphalia is undoubtedly one of the most beautiful and liveable cities in Germany. It combines a unique blend of economic dynamism, cultural diversity and a high quality of life. Düsseldorf's flourishing economic situation contributes significantly to its attractiveness. As an international business location, the city offers a wealth of professional opportunities in various sectors, particularly in fashion, media and finance. The high level of jobs and corporate presence makes Düsseldorf a magnet for skilled workers and young talent.

In addition to its economic strength, Düsseldorf also scores with a rich cultural offering. The city is home to a large number of museums, theaters and galleries as well as numerous events and festivals. A unique feature is the so-called "Japan Quarter": the largest Japanese cultural area in Europe, which is home to numerous cultural, gastronomic and infrastructural offerings from the Japanese region. The high quality of life in Düsseldorf is not only reflected in the cultural diversity, but also in the excellent infrastructure and the green cityscape. Parks such as the Hofgarten and Nordpark invite you to linger and exercise, while the well-developed public transport network facilitates mobility in the city. The famous Königsallee attracts visitors with exclusive shopping, while the Rhine promenade offers a picturesque ambience for those seeking relaxation.

Kölner Straße in particular is ideally connected to Düsseldorf's transport network thanks to its proximity to the main railway station and the nearby S-Bahn station at Worringer Platz. The street is home to restaurants and eateries from a wide range of cultures. Cultural highlights are the "Exotic Supermarket" and the "Ghana House": supermarkets that offer a variety of African specialties. All other infrastructural facilities for daily needs such as hairdressers, fitness studios and pharmacies can be found along Kölner Straße in the direction of Worringer Platz. A recreational highlight is the Hofgarten, which is just a few minutes' walk from Kölner Straße.

This is a good place to live, a pleasant place to live, a place you won't want to leave.

Location Check

Kultur
300m
Restaurants
100m
Einkaufen
50m
Sport
50m
Mobilität
200m
Medizin
150m
Nachtleben
50m
Natur
500m

PDF

Miscellaneous

Showing video apartment 5th floor: https://youtu.be/9-57Lfn6O5U

The furniture according to the inventory list can be purchased in addition to the apartment for the following surcharges:
5TH FLOOR: € 10,000
4TH FLOOR: 8.000 €

There is also the option of purchasing an additional parking space in the rear courtyard. The parking space in the rear courtyard is secured by a lockable gate so that vehicles can be parked without hesitation.

Broker inquiries not welcome!

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Offer from: Alexander Welter

Phone: 0221 78988338