Two-room investment property or apartment for sale in Siegen-Giersberg.

The apartment is located on the top floor of a well-maintained building with 6 units, constructed in 1961 using solid construction methods. Both the communal areas and the apartment itself are in generally good and well-maintained condition. Various modernization measures have already been carried out on the property. The plastic windows with double glazing were replaced in the 1980s. In addition, the roof was insulated in 1990, and the heating system was modernized in 2003. In the coming months, the facade will be repainted, and the roof will be renovated, including partial insulation. The special assessment of €10,550.00 for the apartment, which was approved for these works, has already been fully paid. The electrical system is largely from an older construction period. Furthermore, there is a predominantly horizontal wastewater pipe within the bathroom/kitchen walls, which, based on experience, should be cleaned approximately once a year. Key investment figures at a glance:
Annual gross cold rent: €4,500
Rented – no vacancy, immediate rental income. A non-binding financing example has already been provided by a financial advisor, both for investors and for owner-occupiers. For example, with a purchase price of €99,000, financing with a monthly payment of approximately €335 is possible with a loan amount of €79,000. Alternatively, full financing with a monthly payment of approximately €483 is possible with a loan amount of €99,000. The conditions shown are merely examples and depend on creditworthiness, equity, and individual financial circumstances.

Living space: 39.81 m²
Rooms: 2 (living room/kitchen + bedroom)
Floor: Attic
Year of construction: 1961
Condition of the house: Well-maintained, partially modernized
Features:
- Living room/kitchen with dining area
- Separate bedroom
- Modernized bathroom with natural light
- Storage room in the basement
- New, modern facade paint already financed
- Roof renovation and partial insulation already financed
Note: This has a positive impact on the energy efficiency class.
- Double-glazed plastic windows (1980s)
- Gas central heating (renewed in 2003)
- Cable/satellite TV connection

The Giersberg area in Siegen is one of the most popular and sought-after residential locations in the city. The surrounding area is appealing due to its successful combination of peaceful living, excellent infrastructure, and convenient access to amenities. Shops for everyday needs, doctors, pharmacies, as well as schools, kindergartens, and other educational institutions are located nearby and easily accessible.

The public transportation links are also excellent, making it easy to reach both the city center of Siegen and the surrounding districts. Numerous leisure, sports, and recreational opportunities in the area further contribute to a high quality of life.

The attractive location makes this property particularly interesting for couples, working professionals, and investors alike.