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Cologne-Nippes: central, renovated, furnished and rented - 2-bed flat share concept - commission-free
50733 Köln (Nippes) – Nordrhein-WestfalenCompact investment in Nippes: 5% rental yield in central Cologne!
- Ready-made 2-room furnished shared flat rental concept brings immediate ongoing income
- modernized equipment with new bathroom, new kitchen, new heating and balcony
- perfect capital investment: tax advantages due to usage appraisal --> higher depreciation possible
PROPERTY DESCRIPTION
The apartment is located in an apartment building with 4 floors, built in 1967 in the popular Nippes district of Cologne. On approx. 61 sqm it offers an efficient 2-room layout that is ideal for a high-quality shared flat. After recent refurbishment, the apartment is bright, well-kept and tenant-friendly with a modern look and robust furnishings.
LETTING AND INCOME
- rented as a 2 room shared flat
- Total basic rent EUR 1,300 per month
- Annual rent EUR 15,600
- Furnishings and concept geared towards the target group of young professionals and project commuters
FURNISHING
- Bright, friendly click vinyl in the living areas
- Walls painted white
- Living rooms and hallway furnished
- Spacious balcony
- Bathroom completely newly tiled in the wet area and smoothly plastered in the upper area, pipes renewed
- Electrical wiring renewed
- Pre-wall suspended WC, new washbasin, LED mirror
- New radiators
- White interior doors and new frames
- New fitted kitchen in timeless white with worktop and appliances
- Cellar compartment
Are you interested in this apartment?
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Object Number
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OM-418217
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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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By arrangement
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Purchase price & additional costs
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purchase price
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309.000 €
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Purchase additional costs
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approx. 24,476 €
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Total costs
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approx. 333,476 €
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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
Does this property fit my budget?
Estimated monthly rate: 1,180€
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Details
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Condition
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Rehabilitated
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Number of floors
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4
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Level
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Ground floor
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Usable area
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4 m²
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Bathrooms (number)
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1
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Bedrooms (number)
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2
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Flooring
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Tiles, Vinyl / PVC
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Heating
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Central heating
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Year of construction
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1967
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Equipment
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Balcony, Basement, Shower bath, Fitted kitchen
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
The apartment is located in the basement, but benefits from a pleasantly bright living atmosphere thanks to its attractive hillside location. Floor-to-ceiling windows provide plenty of natural light and create an open, friendly atmosphere. An additional balcony extends the living space to the outside and offers a lovely place to take a deep breath and relax.
Location
Cologne Nippes is one of the most sought-after districts in the city and combines an urban lifestyle with a pleasant, mature neighborhood. The location boasts excellent transport links: streetcars and buses can be reached in just a few minutes, Cologne's main train station is only a short ride away and the central districts are also quickly and easily accessible by bike. For commuters, the easy accessibility of the main arterial roads is also a clear advantage
The Veedel itself thrives on its authentic, urban atmosphere. Numerous cafés, restaurants and bistros can be found along the lively streets, making everyday life uncomplicated and varied. At the same time, small, individual stores, delicatessens, boutiques and a weekly market flair characterize the area and create a special mix of neighbourhood character and big city comfort
Nippes offers exactly what many people in Cologne are looking for: short distances, a lively environment, a strong infrastructure and a district that feels a bit like home every day
Location Check
Energy
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Final energy consumption
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99.00 kWh/(m²a)
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Energy efficiency class
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D
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Energy certificate type
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Consumption certificate
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Main energy source
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Gas
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Miscellaneous
This energy performance certificate does not yet reflect the modernizations carried out in 2024. In the course of this, all of the property's windows were replaced to a current standard. In addition, the gas central heating was converted to modern condensing boiler technology in 2024, which has a positive effect on efficiency and living comfort.
The monthly house payment is 520 euros and is made up transparently as follows
- 270 euros apportionable costs
- 51 euros non-recoverable running costs
- 199 euros monthly allocation to the maintenance reserve, which has currently been temporarily increased by the condominium for a few months in view of a renovation measure planned in a few years' time. Substantial reserves already exist for this measure, which additionally secures the planning.
All information to the best of our knowledge, further documents on request.
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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