7% Yield - Ground floor apartment with potential, daylight bathroom, and increased depreciation allowance.

Attractive investment property with a gross rental yield of approximately 7%.

This ground-floor apartment represents a **solidly tenanted investment property** with attractive conditions. The current monthly rent is **€350.50** and was recently adjusted. In addition, the buyer will receive a **rental subsidy of €100 per month for the next three years**, increasing the monthly income to **€450.50** during that period. The total rental subsidy of **€3,600** will be paid to the buyer in a single payment upon completion of the purchase agreement. After three years, it will be possible to reassess the future rental development and have a discussion with the tenant accordingly. Taking this rental subsidy into account, the property offers a **gross rental yield of approximately 7%** based on the offered purchase price. The multi-family building was recently divided into individual ownership units (WEG) and is **professionally managed**. The owner has already contributed **€11,000 to the maintenance reserve fund**. These funds are available to the owners' association for future projects and can, for example, be used for a later facade renovation. **No special assessments are currently planned.**
Initial improvements have already been made to the communal property: **The hallway has been freshly painted, and the intercom system has been replaced.**
The attic has already been sold and will be renovated soon. These improvements will further enhance the building and can also positively impact its energy efficiency. In addition, the buyer will receive a **residual value assessment with a depreciation allowance of at least 4% per year.**
Optionally, it is possible to purchase **a parking space or a garage in the courtyard**, and, if interested, **additional apartments within the building.** Key details: - Current rent: **€350.50 per month**
- Rent subsidy: **€100 per month for 3 years**
- Calculated income during this period: **€450.50 per month**
- One-time payment of the rent subsidy of **€3,600 after the purchase agreement**
- This results in an approximate **7% gross rental yield**
- The rent was recently adjusted.
- **€11,000 has already been allocated to the maintenance reserve fund.**
- No special charges are currently planned.
- The hallway has been freshly painted, and the intercom system has been renewed.
- Professional property management.
- Attic conversion is planned.
- Remaining useful life assessment with a **minimum depreciation rate of 4%**.
- Parking space or garage can be purchased optionally.
- Other apartments are available in the building.

**Note regarding the property photos:**
The images shown are **original photos of the apartment**. For privacy reasons, existing furniture and personal belongings have been digitally removed from the photos. The spatial characteristics of the apartment have not been altered. I believe this note is important, especially since the apartment is currently occupied. It transparently explains why a lived-in apartment appears empty in the photos.

The apartment is located in **Bochum-Wattenscheid**, a well-established and well-connected district in the west of Bochum. The location combines a functional urban infrastructure with easy access to the surrounding cities of the Ruhr area. Wattenscheid offers a wide range of **shopping facilities, doctors, pharmacies, schools, kindergartens, and other essential services**. There are also numerous restaurants and leisure activities in the immediate vicinity. A key advantage of the location is its **excellent transport links**. The A40 motorway provides quick access to Bochum city center, as well as to Essen, Gelsenkirchen, and other cities in the Ruhr area. Public transport is also well-developed. Wattenscheid station offers direct connections to regional train services. The district currently has a population of approximately **74,000** and is therefore one of the larger districts of Bochum. At the same time, the city continues to invest in the area: a **new station quarter** is planned around Wattenscheid station, with improvements to the station surroundings and new residential, commercial, and leisure facilities. Due to its central location within the Ruhr area, its existing infrastructure, and its excellent transport links, Wattenscheid offers **solid prospects for long-term rental income** and is therefore particularly attractive to investors.