Charming 2.5-room apartment with city views, available without any required references, located in the city center of Essen.

--- PROPERTY DESCRIPTION ---
This exceptionally well-maintained and immediately available 2.5-room apartment is located on the 4th floor of a solid multi-family building in a central and highly desirable location in the city center of Essen. The thoughtfully designed living space of approximately 59.77 m² offers a functional layout that optimally showcases the bright living areas. A special feature of this property is the picturesque view over the rooftops of the city of Essen, thanks to its elevated position. The apartment is in very good condition. As a significant highlight and a valuable addition for the future, modern, triple-glazed windows were installed as recently as 2024. This measure not only significantly increases living comfort but also contributes significantly to energy efficiency and the sustainable increase in the property's value. Because the apartment is now completely vacant, it offers maximum flexibility: it is ideally suited for immediate owner-occupation by singles or couples, or as a lucrative investment property for direct re-rental at current market conditions. --- INVESTMENT & POTENTIAL RENTAL INCOME --- The vacancy offers investors a significant advantage: they don't have to take over an existing lease. Instead, they can immediately rent the apartment at the current market rate. Example calculation (target values for a new rental):
- Potential base rent (target): approximately €590.00 per month
- Potential annual net base rent: approximately €7,080.00
- Potential gross rental yield: approximately 6.15% per year (based on a purchase price of €115,000, excluding acquisition costs. Operating costs can be directly passed on to the new tenant at cost-covering rates when a new lease is signed.)
--- LOCATION & INFRASTRUCTURE ---
The property benefits from its excellent city center location in Essen. Here, urban quality of life meets excellent infrastructure. The Limbecker Platz, one of the largest and most attractive shopping centers in the entire region, is conveniently located just a five-minute walk away. In addition, numerous other shopping options, a variety of restaurants, cozy cafes, and doctors' offices are located in the immediate vicinity. The connection to public transportation is ideal, benefiting both commuters and city dwellers alike. This extremely central location consistently generates high demand for rental properties, thus ensuring excellent long-term rental potential – or offers residents convenient access to amenities in their daily lives.

--- ENERGY PERFORMANCE CERTIFICATE ---
Type of certificate: Consumption certificate
Energy consumption: 125.9 kWh/(m²*a)
Energy efficiency class: D
Main energy source: Heating oil
Year of construction of the building: 1956
Year of construction of the heating system: 2002
Validity: until 31.10.2029

--- KEY FEATURES AT A GLANCE ---
- Immediately available: No waiting time for owner-occupiers or investors.
- Prime central location: Located in the heart of Essen city center.
- Short distances: Just a 5-minute walk to the Limbecker Platz shopping center.
- Panoramic views: Beautiful views over the city of Essen.
- Modernized: New triple-glazed windows installed in 2024.
- Condition: Very well-maintained appearance.
- Storage space: Private cellar room available.
- Future-proof: Excellent rental potential due to the desirable city center location.

Upper floor of a solid apartment building in a central and desirable location in the city center of Essen.