For sale: a 4-room apartment in Bochum, currently rented out, offering a 6.71% yield including rental subsidies. Potential for a 4% depreciation allowance. No commission fees.

For sale: a 4-room apartment with 96 m² and two bathrooms in Bochum-Wattenscheid, available without commission.

This is the largest apartment in the building: a 4-room owner-occupied apartment with 96.12 m² of living space on the 1st floor of a multi-family building in Bochum-Wattenscheid. It was created by combining two apartments. It features four rooms (living room 17 m², bedroom 20 m² and 14 m², study 16 m²), a separate kitchen with a dining area, and two bathrooms with windows, one with a bathtub and one with a shower. Two of the rooms can be connected via a wide sliding door. The apartment was renovated in 2010, and the individual gas heating system was replaced in 2024. It includes a storage room in the basement, and a parking space in the courtyard can be purchased for an additional €5,000.

Rental Status:
The apartment has been rented since September 2020. The base rent was adjusted to €574.00 on October 1, 2026, and the tenant's approval is in place. You are buying an apartment that generates rental income from day one. Rental Subsidy, Explained Simply:
Because the rent has just been adjusted, and a further increase is not possible for several years, we, as the sellers, will pay you a rental subsidy of a total of €4,500 for the first three years. This represents an additional €125.00 per month on top of the rent, for a period of 36 months. This means your income will be €699.00 per month for the first three years, which equates to a 6.71% return on the purchase price. From the fourth year onwards, the regular rent will continue (5.51% return, as of today). This additional payment is included in the purchase price and will be stipulated in the notarized purchase agreement.

Potential:
With a rent of €5.97 per square meter, it is below the current market rate in Wattenscheid, which is approximately €8.27 per square meter. In the event of a tenant change, the apartment can be re-rented at market conditions. Four-room apartments with two bathrooms are rare in this area. With a purchase price of approximately €1,300 per square meter, you are buying well below the average asking price in the neighborhood. After the lock-in period expires, the apartment may also be of interest to families for their own use.

Taxes:
A valuation report will be prepared for the apartment to determine the remaining useful life. We anticipate that this will allow for a building depreciation of at least 4% per year, instead of the usual 2% (as per § 7 Abs. 4 Satz 2 EStG). Example: €100,000 building value × 4% = €4,000 depreciation per year. This is not tax advice; please consult with your tax advisor. Property and Community
Built in 1954, solid construction, energy efficiency class C. The homeowners' association was newly established in 2026. The seller will contribute €1,000 per apartment sold to the maintenance reserve fund; this amounts to €11,000 after the sale of all eleven apartments. A cost estimate of approximately €18,000 is available for the facade. Through the city of Bochum's courtyard and facade program, up to 50% of eligible costs can be subsidized. The homeowners' association will decide whether to carry out the renovation; no special assessment has been decided. The attic has been sold and is being renovated; the costs are borne solely by its owner. Monthly service charges: €221.42. Other apartments in the building are also for sale; package prices are available upon request.

Location:

The apartment is located in the Günnigfeld district of Wattenscheid, a residential area in Bochum. It's a well-established neighborhood with post-war apartment buildings and a friendly, community atmosphere. A supermarket is within a few minutes' walk, and the Wattenscheid town center, with doctors' offices, pharmacies, cafes, and other shops, is very close by. There is also a primary school, a secondary school, and a daycare center in the neighborhood.

The nearest bus stop is just a few minutes' walk away. Several bus lines, the Wattenscheid train station, and the A40 and A448 highways provide quick access to Bochum, Essen, and Gelsenkirchen. Green spaces in the area offer opportunities for recreation, and fiber optic and 5G internet are readily available.

This neighborhood is a stable rental area in the affordable segment, which means the risk of vacancies is relatively low. Bochum has a population of approximately 365,000 and is a significant educational center in the Ruhr area, with the Ruhr University and several other higher education institutions.