- Immobilien
- Nordrhein-Westfalen
- Kreis Köln
- Köln
- Investment property near Zülpischer Street.
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Investment property near Zülpischer Street.
Nikolausstraße, 50973 Köln (Sülz) – Nordrhein-WestfalenThis rented 1-bedroom apartment, located on the 4th floor, offers a compact and well-designed layout, and its location is as central as it gets. It's an ideal property for investors seeking long-term value and consistent high demand.
The apartment features approximately 24 square meters of living space, comprising a bright living and dining area with a kitchenette, a separate sleeping area, and a bathroom with a shower. Access is via a well-maintained, tiled staircase leading to a bright entrance hall.
Due to its central location, the apartment is ideal for students, and there is demonstrably high demand, ensuring consistent rental potential.
The apartment includes a lockable storage room in the basement, perfect for use as a small storage space and providing additional storage. There is also a bicycle storage room and a laundry room available.
A particular highlight: The apartment has been recently renovated and is fully furnished. It includes a kitchenette. The high number of past rental inquiries, with a price of €690 per month (cold rent) and approximately €789 per month (including utilities), demonstrates that the apartment can consistently be rented at this price.
Are you interested in this apartment?
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Object Number
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OM-479679
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Object Class
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Apartment
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Object Type
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Apartment
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Is occupied
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Occupied
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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149.900 €
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Purchase additional costs
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approx. 12,195 €
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Total costs
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approx. 162,095 €
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HOA fee
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128 €
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Breakdown of Costs
* 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: 607€
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Details
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Condition
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Well-kept
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Number of floors
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4
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Level
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4th floor
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Usable area
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4 m²
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Bathrooms (number)
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1
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Bedrooms (number)
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1
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Flooring
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Laminate, Tiles
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Heating
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Central heating
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Year of construction
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1992
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Equipment
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Basement, Elevator, Shower bath, Fitted kitchen
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
- Fully furnished and ready to move in!
- Kitchenette with cooktop, refrigerator, freezer, and sink.
- Bathroom equipped with shower, mirror, sink, and toilet.
- Laundry room with a washing machine is located in the basement.
- Workspace with a desk and matching chair.
- Table and seating.
- Bed.
- Wardrobe/chest of drawers for clothing.
- Flooring: laminate and tiles.
- Central heating powered by gas.
- Hot water supply in the bathroom via a tankless water heater.
- Plastic windows with double glazing.
Location
The apartment is located in a highly desirable area of Cologne-Sülz, one of the most popular residential neighborhoods in Cologne, known for its quiet, green streets and excellent infrastructure.
The U9 subway line is just one street away, and you can reach the university hospital in approximately 5 minutes, and the university in about 5 minutes. Shopping facilities, cafes, and recreational areas such as the Green Belt and Beethoven Park are easily accessible.
Location Check
Energy
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Main energy source
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Gas
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Miscellaneous
The apartment is currently rented, making it an excellent, low-maintenance investment property. The existing lease agreement will be transferred to the buyer. There are no real estate agent fees for the buyer.
Based on the current monthly rental income of €690 for the apartment, the gross yield is an attractive approximately 5.5 percent in relation to the purchase price. This is an approximate figure and does not take into account incidental acquisition costs or non-deductible expenses.
All documents, including the declaration of division, financial plan, floor plans, and energy certificate, are complete and will be provided upon request.
Energy Certificate: Consumption certificate, final energy consumption 84 kWh/(m²·a), energy efficiency class C, main energy source is a mix of electricity, year of construction 1992, valid until 09.08.2028.
Would you like to learn more about the figures and potential of this investment property? Please feel free to contact us. We look forward to your inquiry.
All information is based on the owner's information and is provided without guarantee. Errors and prior sale are reserved.
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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