Rented apartment in Essen, WE53 | 6.6% gross yield | Factor 15.2 | No commission | Package option available.

The rented apartment is located on the 1st floor of the residential complex at Bäuminghausstr. 153 / Kleine Hammerstr. 55–57 in Essen-Altenessen (entrance from Kleine Hammerstr. 55) and has approximately 23.84 m² of living space. This compact one-bedroom apartment features a living room with laminate flooring, a floor-to-ceiling window, and blinds, as well as a kitchenette with a refrigerator and a tiled shower room. The kitchenette will be sold as part of the property; a separate allocation of the purchase price is possible. The apartment has been rented since October 2022, and the rent payments are made on time. The security deposit is held in a separate account and will be transferred to the buyer. The building was constructed in 1991 and is heated by district heating. It has two passenger elevators, a resident caretaker with an office in the building, and a communal laundry room with app-controlled machines. The property includes 120 parking spaces, which can be rented separately; the revenue from these rentals is included in the building maintenance fees. The Bamlerstraße subway station (U11, U17) is approximately 450 meters away, and it takes one stop to reach the Universität am Campus Essen station, or about 5 minutes to reach the main train station. The apartment is being sold directly by the owner, without any real estate agent fees. The property details include a complete return calculation, as well as a transparent overview of all relevant points regarding the condominium (usage regulations according to the declaration of division, cellar waterproofing, insurance, reserve fund). All documents are available via a Dropbox link.

KEY FIGURES:
Living area: 23.84 m²
Location in the building: 1st floor
Cold rent: €328.00 per month (starting 01.11.2026)
Annual cold rent: €3,936
Service charges: €167.00 per month (draft budget for 2027: €183.00)
Of which, not included in the service charges: €59.76 per month (draft for 2027: €47.15)
Cold rent minus service charges not included: €268.24 per month
Purchase price: €59,900
Price-to-rent ratio: 15.2
Gross rental yield: 6.57%
Net rental yield on the purchase price: 5.37%
Net rental yield on the total investment (including purchase ancillary costs): approximately 5.0%
Year of construction: 1991
Heating: District heating
Energy performance certificate: Consumption certificate
Energy performance value: 99.70 kWh/(m²*a)
Energy efficiency class: C
Tenancy: Yes, since 10/2022
Commission: None

PACKAGE OPTION:
In the same building, the rented maisonette apartment WE176, with 30.41 m² and a cold rent of €404, is also for sale (individual price €74,900). If both apartments are purchased together, the package price is €124,900 instead of €134,800, representing a package discount of €9,900, and with lower ancillary costs, approximately €10,700. The combined annual cold rent is €8,784. This corresponds to a gross rental yield of 7.03% and a net rental yield on the total investment of approximately 5.5% (individually approximately 5.1%).

The apartment is located very close to the University of Duisburg-Essen. There are shops, restaurants, and public transportation options nearby. The apartment's compact size and proximity to the university make it particularly attractive to students, apprentices, and young professionals.