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Yield property or jewel for owner-occupiers

Silcherstraße 26B, 73430 Aalen – Baden-Württemberg
195.000 €
3
Room
72 m²
Living Area
Private offer
Apartment
Ground floor apartment

This light-flooded 3-room apartment with approx. 72 m² of living space is located on the mezzanine floor of a well-kept apartment building with a total of three floors in a central location in Aalen. The apartment impresses with a well thought-out floor plan with three rooms of almost equal size, a balcony, a fully equipped kitchen and a modern bathroom. The offer is rounded off by a spacious cellar room, additional storage space in the attic and a private parking space.

The facade of the house was extensively renovated around seven years ago and the heating system was replaced around four years ago. No further maintenance measures are currently planned. The reserves for the entire building amount to over 100,000 euros.

Communal areas such as a bicycle room and laundry room are available.
The building is predominantly owner-occupied, which makes for a pleasant neighborhood.

Are you interested in this apartment?

Object Number
OM-424346
Object Class
Apartment
Object Type
Ground floor apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
195.000 €
Purchase additional costs
approx. 12,790 €
Total costs
approx. 207,789 €
Purchase price garage/parking space
10,000 €
HOA fee
379 €

Breakdown of Costs

Purchase price 195.000 €
Real estate transfer tax 9,750 € (5.00%)
Notary costs 2,006 € (1.03%)
Land register entry 1,034 € (0.53%)
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: 744€

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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 3.72%

Details

Condition
In need of renovation
Number of floors
3
Level
Ground floor
Usable area
7 m²
Bathrooms (number)
1
Bedrooms (number)
2
Number of parking lots
1
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1959
Equipment
Balcony, Basement, Full bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

The apartment is in a solid condition, the furnishings can be described as simple overall.

A net yield of around 6 % is realistic if rented out as a student flat share. The current basic rent is 730 euros per month. The monthly house rent is 379 euros, of which 258 euros are apportionable and 82 euros are allocated to reserves.

The apartment is also interesting for owner-occupiers, provided they are patient: The current rental agreement includes an exclusion of termination until June 1, 2028, when the current tenant plans to move out with his family. This offers you planning security and a stable net yield of 4.3 % in the initial period. After moving out and a possible renovation/refurbishment, you can turn the apartment into a real gem for you and your family.

The fully equipped fitted kitchen with high-quality electrical appliances is included in the purchase price.

Location

The excellent location - just a 5-minute walk to the city center and only a 2-minute walk to the university - makes the apartment particularly attractive for investors. All facilities for daily needs are within easy walking distance.

Location Check

Nature
150m
Child Friendliness
100m
Sports
150m
Shopping
50m
Health
200m
Eating Out
50m
Culture
550m
Public Transport
100m
Nightlife
100m

Energy

Final energy consumption
106.00 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
Consumption certificate
Main energy source
Oil

PDF

Miscellaneous

Mutual exclusion of termination in the current rental agreement until 01.06.28.

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: Stefan Rist