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Investment property near Zülpischer Street.

Nikolausstraße, 50973 Köln (Sülz) – Nordrhein-Westfalen
149.900 €
1
Room
24 m²
Living Area
Private offer
Apartment

This 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?

Object Number
OM-479679
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
149.900 €
Purchase additional costs
approx. 12,195 €
Total costs
approx. 162,095 €
HOA fee
128 €

Breakdown of Costs

Purchase price 149.900 €
Real estate transfer tax 9,744 € (6.50%)
Notary costs 1,621 € (1.08%)
Land register entry 831 € (0.55%)
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: 607€

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 4.07%

Details

Condition
Well-kept
Number of floors
4
Level
4th floor
Usable area
4 m²
Bathrooms (number)
1
Bedrooms (number)
1
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1992
Equipment
Basement, Elevator, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Secondary school, Middle school, High school, Comprehensive school, Public transport

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

Eating Out
100m
Shopping
200m
Culture
200m
Sports
300m
Nightlife
100m
Health
250m
Child Friendliness
50m
Public Transport
200m
Nature
150m

Energy

Main energy source
Gas

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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