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High rental yields with a historic half-timbered complex under preservation order in Treffurt.

Ziddelstraße 10, 99830 Treffurt – Thüringen
299.900 €
282 m²
Living Area
524 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

Restored and listed timber-framed buildings in the historic old town of Treffurt.

The property is fully connected to municipal services, including central sewage system, water, wastewater, natural gas, and high-speed internet.

Crucially, there are designated and protected parking spaces within the property for all apartments – this is surprisingly positive in a densely built-up old town and of great importance for renting.

The property is fully let, with a good rental yield of 6.46% per year.

Furthermore, two long-term tenants maintain the property, both at the front and rear.

Thanks to the existing historical landmark protection, for example, the cost-effective oil-fired central heating system is also protected.

The property is attractive to tenants due to its low rents and easy walking distance to all amenities, such as shops, bakeries, butchers, doctors, pharmacies, and government offices in the romantic old town of Treffurt.

The existing charm of the timber-framed buildings continues to attract many tenants.

Are you interested in this offer?

Object Number
OM-451216
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
299.900 €
Purchase additional costs
approx. 19,386 €
Total costs
approx. 319,286 €
Operating costs allocated p.a.
8,640 €

Breakdown of Costs

Purchase price 299.900 €
Real estate transfer tax 14,995 € (5.00%)
Notary costs 2,904 € (0.97%)
Land register entry 1,488 € (0.50%)
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: 1,162€

More accuracy in a few seconds:

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 3.81%

Details

Condition
Well-kept
Monument protection object
Yes
Year of last modernization
2012
Number of floors
2
Total area
332 m²
Number of parking lots
5
Net rental income (target) p.a.
19440 €
Net rental income (actual) p.a.
19440 €
X-times rental income
15.47
Number of units
5
Flooring
Tiles, Vinyl / PVC, Other (see text)
Heating
Central heating
Year of construction
1800
Equipment
Terrace, Garden, Full bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Extensive renovations in 2010.
Attractive floor plans.
Underfloor heating in some areas.

Location

The half-timbered complex is located on the southern edge, between the town hall and the Werra River, in the heart of the picturesque half-timbered town of Treffurt, in a quiet residential area. It is also just a few steps from the Werra River, in the lovely Werra Valley, with its cycling paths and historic buildings. Furthermore, the Werra River forms the border between Hesse and Thuringia, offering advantages for commuters in both directions. The historically significant Wartburg district, with the Wartburg castle, the Bach House, the Luther House, and its extensive forests, is attracting more and more tourists. Treffurt is, in a way, a small, romantic, German half-timbered fairytale town that was preserved from demolition due to its location on the border with East Germany and has since been well-restored. The protected historic center, with its original limestone paving, the Renaissance town hall, and the Burg Normannstein castle, perched high above, transports visitors to another time. The romantic old town of Treffurt is located on the German Half-Timbered Road, to the right of the Werra River, and has numerous industrial, craft, and commercial areas. It has a population of approximately. The town has maintained a stable population of around 6,000 residents in recent years. Furthermore, Eisenach, the Wartburg, and the cities of Erfurt, Weimar, and Jena are all located nearby, within the state of Thuringia, often referred to as the "Green Heart of Germany." Distances:

Eschwege: 19 km
Motorway (BAB): 21 km
Mühlhausen: 26 km
Eisenach: 27 km
Göttingen: 64 km
Kassel: 70 km
Erfurt: 73 km
Frankfurt/Main: 198 km

Location Check

Sports
400m
Nature
400m
Health
150m
Child Friendliness
100m
Eating Out
150m
Shopping
50m
Culture
150m
Nightlife
100m
Public Transport
100m

Energy

Energy certificate type
not legally required
Main energy source
Oil

Miscellaneous

Please note that the high rental yield of this historic timber-framed complex in Treffurt is not due to high rents, but rather to relatively low rents and a reasonable purchase price – this means secure and sustainable rental income with a good yield, even in challenging economic times.

It should also be mentioned that, despite the increasing similarity of living conditions, it is still very advantageous to earn a good income on the Hessian side of the Werra river, while living affordably and romantically on the Thuringian side.

The property is being sold due to the owner's age.

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: Dr. Ulrich Kampmann

Mobile: 0151 59266286