Well-maintained investment property with a 7% return and increased depreciation.

Well-maintained investment property with a gross rental yield of 7%.

This well-maintained and reliably rented investment property in Bochum-Wattenscheid consists of an approximately **59 m² ground-floor apartment**. The apartment is in **good condition and has been rented out for many years**. The existing lease agreement provides the buyer with a solid foundation for a long-term investment. The current base rent is **€406.70 per month**. In addition, the buyer will receive a **rental subsidy of approximately €112.50 per month** for the next three years, resulting in a calculated monthly income of approximately **€519** during this period. This rental subsidy of a total of **€4,050** will be paid in a single lump sum after the purchase agreement is signed. Based on the purchase price of **€89,000**, this results in a **gross rental yield of approximately 7%** for the first three years. Subsequently, the further development of the rental income can be reassessed within the legal framework. The multi-family building was recently divided into individual ownership units and is professionally managed. The owner has already contributed **€11,000 to the maintenance reserve fund**. Special levies are not currently planned. Initial improvements have already been made to the communal areas: **The hallway has been freshly painted, and the intercom system has been replaced.** Furthermore, the attic, which has already been sold, is being renovated, which will further enhance the property. In addition, the buyer will receive a **residual value assessment with a depreciation option of at least 4% per year.** Optionally, it is possible to purchase **a parking space or a garage in the backyard**, as well as additional apartments within the building. **Note regarding the images:** The images shown are original photographs of the apartment. For privacy reasons, furniture and personal belongings have been digitally removed from the images. However, the spatial layout has not been altered.

The apartment is located in **Bochum-Wattenscheid**, a well-established and popular residential area in the western part of Bochum. Its location is particularly characterized by **excellent infrastructure and its central position within the Ruhr region**.

Shopping facilities, doctors, pharmacies, schools, kindergartens, and other essential amenities are easily accessible. Leisure and recreational opportunities are also available nearby.

The **excellent transport links** make it particularly attractive for commuters. The A40 motorway provides quick access to Bochum city center, as well as to Essen, Gelsenkirchen, and other cities in the Ruhr region. The Wattenscheid train station and the local public transport system further enhance regional connectivity.

Wattenscheid offers a combination of **a well-established residential area, excellent infrastructure, and short distances to major employment centers in the Ruhr region**. This creates solid conditions for long-term rental potential, making it an attractive investment for property investors.