A yield of nearly 7% and increased depreciation in the heart of Bochum.

For sale is a rented 2-room apartment with 58.73 square meters of living space, located on the third floor of a well-maintained apartment building in Bochum-Wattenscheid. The interior photos shown are original photographs of the apartment, with the existing furniture digitally removed using AI to showcase the space without furnishings; the actual, currently furnished condition of the rented apartment differs from these images. The apartment has been rented on a long-term basis since May 2022. The net cold rent is currently €401.70 per month, equivalent to €6.84 per square meter. To provide investors with an attractive initial return on investment, the seller is also offering a rent subsidy of a total of €4,000 over a period of 36 months. This increases the return on investment in the first three years from 5.13% (gross return without subsidy) to 6.55% per annum; after the 36-month period, the regular rental yield based on the existing net cold rent will apply. From a tax perspective, it may be possible to claim an increased depreciation rate of at least 4% per annum on the building component (80% of the purchase price), instead of the standard 2%. A residual value assessment according to § 7 Abs. 4 Satz 2 of the German Income Tax Act (EStG) is required, and this assessment is created individually for each buyer. This process takes some time and must be finalized in consultation with the tax advisor of the respective buyer; this does not constitute tax advice. The homeowners' association was newly established as part of the division of the property. The maintenance reserve currently amounts to €11,000. A cost estimate of €18,000 is available for the facade renovation (front and back), which is subsidized at 50% through the city of Bochum's facade grant program. The attic of the building has already been sold and is being renovated, which further contributes to the overall energy efficiency of the building.

The apartment is located in Bochum-Wattenscheid, one of Bochum's most populous districts, characterized by established residential areas and excellent local amenities. Wattenscheid train station is connected to the national rail network with four regional express lines and one regional train line. Additionally, the nearby Wattenscheid-Höntrop station provides a direct suburban train (S1) connection to Bochum and Essen. This makes Bochum's city center, as well as Essen, easily accessible by train in just a few minutes. The A40 motorway is also a short drive away. The district offers a range of shops, doctors' offices, and schools. This location is therefore suitable for both tenants with jobs in the Ruhr area and for investors seeking a stable, long-term rental property.