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Attractive investment opportunity with development potential, located in a central area of Krefeld.

Gartenstraße 26, 47798 Krefeld (Stadtmitte) – Nordrhein-Westfalen
84.900 €
2
Room
57 m²
Living Area
Private offer
Apartment

The apartment for sale is located on the 2nd floor of a well-maintained apartment building built in 1957, in a central location in Krefeld. The apartment impresses with its functional layout and clear room division. It features a spacious living room with good natural light, a separate bedroom, a kitchen, and a daylight bathroom with a bathtub. Practical storage spaces within the apartment complement the living space. The condition of the apartment is largely consistent with its age and previous renovation work, providing an ideal foundation for individual renovation and improvement projects. In particular, this presents an opportunity for investors to achieve an attractive increase in rental income through targeted investments. After a modern renovation, based on current market data, a base rent of approximately €9.50 to €10.50 per square meter can be achieved – which corresponds to around €540 to €600 per month. This creates a solid return potential for investors. Currently, the apartment is heated by electric storage heaters. District heating is available in the building. The energy performance certificate indicates a final energy demand of 97.70 kWh/(m²a) – which corresponds to energy efficiency class C and is an above-average good value for a building of this age. The apartment building is generally in a neat and well-maintained condition, with a stable ownership structure.

Are you interested in this apartment?

Object Number
OM-443274
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
84.900 €
Purchase additional costs
approx. 7,245 €
Total costs
approx. 92,145 €
HOA fee
253 €

Breakdown of Costs

Purchase price 84.900 €
Real estate transfer tax 5,519 € (6.50%)
Notary costs 1,139 € (1.34%)
Land register entry 588 € (0.69%)
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: 368€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.51%

Details

Condition
In need of renovation
Level
2nd floor
Heating
Other
Year of construction
1957
Equipment
Garden, Basement
Infrastructure
Pharmacy, Grocery discount, General practitioner, Public transport

Location

The apartment for sale is located on Gartenstraße in Krefeld and boasts a central location with excellent transport links.
The surrounding area is characterized by established residential development, with multi-family buildings, and offers a stable tenant base – ideal for investors focused on sustainable rental income.
All essential amenities are within easy reach, including shops, bakeries, doctors' offices, and restaurants. Krefeld's city center is just a few minutes away, further enhancing the location's appeal.
Public transport links are excellent: bus and train connections provide quick access to surrounding districts and nearby cities such as Düsseldorf and Duisburg. The motorway connection is also easily accessible.
The combination of a central location, excellent infrastructure, and stable demand creates ideal conditions for sustainable rental income and long-term appreciation.

Location Check

Shopping
50m
Eating Out
50m
Sports
250m
Public Transport
200m
Health
150m
Child Friendliness
200m
Nightlife
50m
Culture
100m
Nature
150m

Energy

0 25 50 75 100 125 150 175 200 225 ≥250
Energy efficiency class
C
Energy certificate type
Demand certificate
Final energy demand
97.70 kWh/(m²a)

Miscellaneous

Note regarding the homeowners' association:

During recent homeowners' association meetings, potential future maintenance work on common property was discussed. Currently, these discussions involve cost estimates, but no final decisions have been made, and there are no specific implementation dates.

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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