MULTI-FAMILY HOUSE IN PRIME LOCATION OF ERFTSTADT-LECHENICH

ONE HOUSE - MANY POSSIBILITIES
This carefully maintained apartment building, which was extensively modernized in 2023, combines everything discerning buyers are looking for on a total area of approx. 273 m² and a plot of approx. 551 m²: Living comfort, flexibility and solid value.

FOR CAPITAL INVESTORS: YIELD & TAX BENEFITS
This property offers capital investors an above-average attractive overall package of solid rental yields, demonstrable tax benefits and limited market availability in Lechenich.

Rental yield at a glance:
Annual net cold rent € 46,200
Purchase price factor approx. 20
Gross rental yield approx. 5.00 %

Demonstrable tax advantage: depreciation of 3.03 % due to remaining useful life report significantly improves the after-tax yield as a capital investment.

Three completely separate residential units provide the ideal basis for a wide variety of usage concepts. Whether as a multi-generational home in which the whole family lives under one roof and still enjoys privacy, as an investment with an attractive return or in a combination of owner-occupation and letting - this property offers you maximum freedom of design.

The central location in Erftstadt-Lechenich, the most sought-after and most expensive district of Erftstadt, underlines the quality of this offer. The supply of real estate in Lechenich is extremely limited, which further enhances the value of this property.

The sale is private and commission-free. You therefore save the usual estate agent fees of 3.57 % - a considerable amount of approx. 33,000 €.

THE THREE RESIDENTIAL UNITS IN DETAIL
First floor - approx. 108 m² - Spacious living with garden and fireplace
The first floor forms the heart of the house and impresses with its spacious, open-plan living, dining and kitchen area of approx. 45 m². A stylish open fireplace gives this room a particularly cozy atmosphere, while the decorative brick cladding adds a charming accent.

Three bedrooms (approx. 17 m², 11 m² and 11 m² including fitted wardrobes), a shower room and a separate guest WC make this apartment the ideal family residence. The spacious hallway offers additional space and design options.
The absolute highlight: the large terrace of approx. 20 m² leads directly into the private south-east-facing garden - a dream for families, garden lovers and sociable evenings.

Second floor - approx. 110 m² - flooded with light with balconies and loft
The apartment on the upper floor impresses with its clever room layout and plenty of natural light. The spacious living room (approx. 25 m²) and the separate kitchen (approx. 14 m²) offer comfortable living space for couples and families.
Two large bedrooms (approx. 20 m² and approx. 18 m²) as well as a spacious entrance area and two hallways complete the floor plan. The daylight bathroom (approx. 8 m²) and two balconies (together approx. 8 m²) as well as a spacious sun terrace with privacy screen for exclusive use (approx. 24 m²) round off this attractive apartment. An additional plus point: the usable attic offers valuable storage space or potential for conversion.

Basement - approx. 55 m² - The flexible unit
The self-contained unit in the basement offers a compact, fully-fledged home with an eat-in kitchen (approx. 18 m²), bedroom (approx. 18 m²), bathroom with natural light, storage room and hallway. Thanks to the separate access, this unit is ideal for a variety of usage concepts. Whether as an apartment for the younger generation, as a rentable commercial unit (practice, office) or as an independent rental apartment - this unit offers maximum flexibility and makes a reliable contribution to the overall yield. In addition, the direct connection to the ground floor apartment can be re-established with little effort if required.

PRIME LOCATION OF ERFTSTADT-LECHENICH
Erftstadt­-Lechenich is considered the most expensive and most sought-after district of Erftstadt and has always been a preferred address in the south-western outskirts of Cologne. The charming historic old town, excellent local amenities and family-friendly atmosphere make Lechenich a residential area with lasting appeal.

The rental market in Erftstadt-Lechenich is characterized by an extremely limited supply combined with high demand. Rental growth in the Rhine-Erft district recently amounted to around +5.1 % - the strongest increase in the Cologne/Bonn region.

The micro-location is characterized by a quiet, mature residential area with excellent connections to everyday infrastructure:

- Supermarkets, bakeries, drugstores and pharmacies within walking distance
- "Lechenich Schulzentrum" bus stop only approx. 200 m away
- Elementary school, kindergartens and playgrounds in the immediate vicinity
- Quick access to the A1 and A61 highways
- Liblar train station with regional train connection to Cologne
- Cologne/Bonn airport just under 30 km away
- Excellent access to green and recreational areas

The economic centrality of the region, the easy accessibility of the Cologne labor market and the high quality of life make this location equally attractive for families and investors. Erftstadt has a below-average unemployment rate of 4.9% and thus offers a stable economic environment.