3-room apartment with balcony for rent in Grevenbroich – suitable only for investors.

Rented 3-room apartment | Approximately 5.5% gross yield | 82 m² | No commission
Investment property with an attractive entry price and long-term potential | Renovation costs factored in.

For sale is a permanently rented 3-room apartment with approximately 82 m² of living space in Grevenbroich. Important note: This apartment is explicitly being sold as an investment property. It is currently occupied and visually in need of renovation. The tenant is happy in the apartment and wishes to continue the existing rental agreement. Therefore, those seeking a modernized apartment for personal use are not the right fit here. However, those looking for a rented existing apartment with an attractive price per square meter and development potential should take a closer look at this property. Key figures:
Purchase price: €115,000
Living space: approximately 82 m²
Purchase price per m²: approximately €1,402
Monthly cold rent: €525
Annual cold rent: €6,300
Gross rental yield: approximately 5.5%
Current monthly service charges: approximately €465
Of which, chargeable to the tenant: approximately €220 per month
Of which, not chargeable to the tenant: approximately €245 per month
Monthly service charges from February 2028: approximately €323
Of which, likely not chargeable to the tenant: approximately €... €103 per month
No buyer's commission
Existing rental agreement
No outstanding rent
The current base rent is only approximately €6.40 per square meter, offering long-term development potential within the legal framework. Important information about the condition of the apartment:
The interior of the apartment does not currently meet modern renovation standards. In particular, there is a need for renovation in the floors, walls, and ceilings, and potentially in the bathroom. However, the apartment is fully occupied, and the tenant feels comfortable there. The visual condition is not currently a problem for the existing rental agreement. The need for renovation has been explicitly taken into account in determining the purchase price. Layout and Features:
The approximately 82 square meters are divided into a spacious living area and two additional rooms that can be used separately. In addition, the apartment offers:
Spacious living area of approximately 28 square meters
Separate bedroom, children's room, or office
Kitchen
Bathroom
Storag­e room
Loggia/Balcony
Cellar room
Elevator
The loggia, in particular, offers a beautiful view of the surroundings and adds to the overall living value. Currently:
Service charges: approximately €220 per month
Non-service charges: approximately €245 per month
As of February 2028, the non-service charges are expected to decrease to approximately €103 per month.

The property is located in a quiet yet well-connected residential area in Grevenbroich. Shops, schools, kindergartens, and public transportation are easily accessible. The nearby city center, as well as green spaces and recreational areas, offer a high quality of life. Furthermore, the A 46 and B 59 highways provide good connections to the surrounding towns.