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Terrace apartment with garden 176 m²
51381 Leverkusen (Bergisch Neukirchen) – Nordrhein-WestfalenThis modernized apartment at 312 A Burscheider Strasse in the conveniently located yet idyllic district of Bergisch Neukirchen presents itself as an exclusive investment opportunity. The generous living space, high-quality fixtures and fittings and the combination of natural tranquillity and urban connections make this property ideal for investors and discerning buyers.
Detailed room layout and fittings
The property comprises a remarkable area of 176 m² in the basement of a stylish, semi-detached villa-style house. A wrap-around terrace with a total area of 100 m², 20 m² of which is covered, offers an attractive outdoor area. A spacious garden area can be purchased as an option, giving the property the character of a detached house.
Are you interested in this apartment?
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Object Number
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OM-359352
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Object Class
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apartment
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Object Type
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basement apartment
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Is occupied
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Occupied
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Handover from
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immediately
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Purchase price & additional costs
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purchase price
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430.000 €
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Purchase additional costs
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approx. 33,684 €
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Total costs
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approx. 463,683 €
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HOA fee
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265 €
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Breakdown of Costs
* 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
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Estimated monthly rate: 1,537€
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Details
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Condition
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renovated
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Number of floors
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1
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Level
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ground floor
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Usable area
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150 m²
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Bathrooms (number)
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1
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Bedrooms (number)
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1
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Number of parking lots
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1
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Flooring
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laminate, other (see text)
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Heating
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central heating
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Year of construction
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1968
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Equipment
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terrace, garden, basement, full bath, guest toilet, fireplace
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, public transport
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Information on equipment
Detailed description of fixtures and fittings
Room layout and fittings:
Extensive living space: 176 m², distributed over bright and well-proportioned rooms.
Terrace: Enjoy a wrap-around terrace totaling 100 m², 20 m² of which is covered, ideal for sociable evenings outdoors.
Marble floor: Recently polished and upgraded in the living room and hallway.
Garden area: Optional purchase of a spacious garden area, perfect for nature lovers.
Private basement: 55 m² for sole use for additional storage space.
Modernizations and condition:
The apartment has undergone several modernization measures in recent years:
2021: Renovation of the guest WC, kitchen windows and tiles.
2022: Electronics completely renewed.
2023: Refurbishment of the marble floor.
2000 - 2010: Replacement of windows, floor coverings (except marble) and roof.
Features:
There is a marble floor in the living and entrance area, which was polished in 2023.
The kitchen tiles and windows were renewed in 2021; the guest WC was also renovated.
The property's electrical installation was completely modernized in 2022.
Plastic windows and the floor coverings (with the exception of the marble) were modernized in 2010.
The property has a private basement area with an area of 55 m², which offers additional storage space.
Relevant modernization measures
Although the property has already been partially modernized, there is further potential to increase its value through the following measures:
Replacement of the heating system: The implementation of a modern air-to-water heat pump is recommended and is planned from the proceeds of the purchase price from the owner, who also owns the ground floor/basement apartment.
Optimization of the basement ceiling insulation to increase energy efficiency.
Renovation of the bathroom: The installation of modern sanitary facilities and electrical installations is required.
Optional facade insulation to further reduce energy consumption.
The attractive purchase price of € 430,000 reflects the generous space, the enormous potential and the modernizations already carried out. Despite its location in the basement and the need for modernization, this property offers an excellent investment due to its location in the middle of greenery and views of the forest and facilities.
Location
Macro location of Leverkusen, Bergisch Neukirchen (zip code 51381):
Leverkusen is located in the federal state of North Rhine-Westphalia, in the west of Germany, and is part of the Rhine-Ruhr metropolitan region, one of the largest metropolitan regions in Europe. The city is located between the major cities of Cologne in the south and Düsseldorf in the north. This location provides residents with good connections to important economic, cultural and infrastructural centers. Leverkusen is known for its chemical and pharmaceutical companies, above all Bayer AG, and therefore offers significant economic opportunities. The connection to the highway network, in particular the A1 and A3 freeways, as well as a well-developed rail network ensure easy access to the surrounding cities.
Micro-location of Bergisch Neukirchen:
Bergisch Neukirchen is a district of Leverkusen and is located in the north-east of the city. It is a rather rural and quiet area characterized by a high quality of life. The district is surrounded by forests and fields, which makes it particularly attractive for nature lovers. At the same time, Bergisch Neukirchen has a good local infrastructure with schools, stores for daily needs and sports facilities. The proximity to nature and the easy accessibility of Leverkusen's municipal facilities make this district a popular place to live for families and commuters. Public transport also ensures good connections to Leverkusen city center and the surrounding areas.
Location Check
Energy
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Energy certificate type
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not legally required
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Main energy source
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oil
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Grundriss und WFLBerechnung
Miscellaneous
Tenancy:
The apartment is currently rented out. The current basic rent is € 1,080 due to rent reductions granted in exchange for janitor activities. The regular rent is €1,400 cold plus €190 service charges (excluding heating costs). After modernization, a cold rent of € 1,660 - € 1,750 can be achieved (from € 9.40/m²). The existing tenancy is not transferable to the new owner with regard to the janitor position, as the activity was agreed with the owner for her entire portfolio, this agreement is void in the event of a change of ownership. A special right to terminate the tenancy must be checked in the case of a two-family house status.
Purchase price calculation in detail:
Based on a living space of 176 m² and a standard land value of € 440/m² (Vorderland), the calculated value is € 77,440. A discount is applied due to the location in the basement, the need for modernization and the year of construction. The purchase price of € 430,000 appears reasonable, taking all factors into account.
Purchase price garden plot:
The associated outdoor area includes the 80 m² flagstone terrace and 20 m² covered terrace, a The garden behind it is for sale with 950 m². The purchase price for the garden portion is € 35,000. As the grassland (hillside location) is located outside and cannot be built on, the price is based on the size and usability as a recreational area.
5. co-ownership share:
The co-ownership share of the apartment is 5.88 % (176 m² / 2995 m²). The acquisition of the garden share increases this accordingly. The exact size of the garden share and the associated increase in the co-ownership share have yet to be determined.
6. modernization costs:
Heating (heat pump): €25,000 (share calculated without subsidy, with subsidy approx. €15,000)
Cellar ceiling insulation: €5,000 (optional)
Bathroom modernization: 15.000 €
Facade insulation (100 m²): € 20,000
7. ancillary purchase costs:
Notary fees: € 1,500
Real estate transfer tax: € 3,300
8. additional maintenance costs:
Replacement of the terrace slabs (optional): € 10,000 (within the next 5 years).
The asking price of € 430,000 takes into account the existing modernization requirements and opens up significant potential for value appreciation. The combination of a quiet location, generous living space and modernization work already carried out offers attractive value for money. This offer is particularly suitable for investors who want to take advantage of the property's extensive potential.
Despite the need for modernization and its location in the basement, the apartment in Burscheider Straße offers a lot of potential thanks to its generous living space, terraces and optional garden area. The purchase price of €430,000 for the apartment and €35,000 for the garden share appears justified when all of the above factors are taken into account. The valuation report prepared serves as a basis for the purchase price negotiations and is intended to ensure a transparent and comprehensible valuation of the property and can be sent to potential buyers if they are interested.
Take advantage of this unique opportunity and create your dream apartment in the idyllic location of Bergisch Neukirchen.
An attractive investment property for investors too.
Contact me to find out more about this attractive and promising property!
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
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Offer from: Nadine Oggianu
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