Refurbished 1-room apartment in prime Sülz location - ideal for own use or investment

Renovated 1-room apartment in a prime location in Cologne-Sülz. Bright living space, renovated bathroom, freshly painted. Ideal as a capital investment, student apartment or for own use. Very good infrastructure, public transport and shopping facilities right on the doorstep.

A renovated 1-room apartment is for sale in the popular Sülz district of Cologne. The apartment is located on the 3rd floor of a well-kept apartment building from 1983 and was renovated in 2022. It is bright, friendly and has an optimally usable floor plan. A highlight is the balcony, which is rare for this size of apartment.

Thanks to its excellent micro-location, the apartment is ideal for owner-occupiers, students or investors. Sülz is one of the most sought-after residential areas in Cologne and offers exceptionally good rentability and long-term value stability.

Modernization & condition:
The apartment was extensively renovated in 2022. The bathroom has a modern, high-quality finish. All walls and ceilings were newly wallpapered and painted. The floor in the living room was fitted with a high-quality laminate floor in wood look, the floor in the entrance area with modern tiles. Switches and sockets have been renewed.

The living room offers space for a sleeping area, sofa, closet and workstation. The balcony accessible from the living room offers space for relaxation.

Tenancy
Rented to the current tenant since June 2023. The tenant has signaled willingness to vacate the apartment if required.
Basic rent: € 646.57 (annual adjustment possible thanks to index-linked rent!)
Service charge prepayment: € 90.00
Total rent: € 736.57 / month
Hot water, electricity, heating: supplier bills tenant directly
Index-linked rental agreement (Section 557b BGB) - regular rent adjustment possible (without the tenant's consent)

Economic details
House rent: € 152 per month according to the current economic plan
Apportionable share: € 83.90
Not apportionable: € 40.48 plus € 27.16 allocation to reserves (rounding differences: € 0.46)

The apartment is located in one of Cologne's most popular residential areas. Sülz combines urban life with quiet residential streets and an excellent infrastructure. Supermarkets, cafés, restaurants and all facilities for daily needs are just a few minutes away.

The public transport connections are excellent: Several streetcar and bus lines are within walking distance and offer fast connections to the city center, the main train station and the university, which is within walking distance. Green spaces such as Beethovenpark or the green belt are also within easy reach.

Sülz is considered one of the most stable districts in Cologne - ideal for investors and owner-occupiers alike.