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Well-maintained 3-room apartment in Wuppertal-Barmen! This is a high-yield (8.62%) investment property with a factor of 11.6.

Alarichstraße 24, 42281 Wuppertal (Barmen) – Nordrhein-Westfalen
69.500 €
3
Room
50 m²
Living Area
Apartment

3-room apartment for under €70,000! This apartment offers an ideal layout with 50m² of living space, without a cramped bathroom or a small kitchen. The apartment is located on the 2nd floor of a multi-family building in the popular Wuppertal-Barmen district. It features two bedrooms, a bright living room with large windows, a separate kitchen, and a spacious bathroom with a bathtub, toilet, and sink. A storage room in the basement is also included. The laminate flooring in the living areas, as well as the vinyl flooring in the kitchen and bathroom, are new. The gas boiler was serviced by a professional company last month. The rooms are illuminated by LED ceiling lights, and the electrical installations meet modern standards. Overall, the apartment is in good, modern condition. The current monthly rent is €500, which is paid by the job center. The tenants are a young couple. The building maintenance fee is €202, of which €76.42 is non-deductible (the maintenance reserve is already included). Renting to three people could further enhance the profitability of the property. This offer is primarily aimed at experienced investors looking for a highly profitable property in a good residential area. In the future, special charges may be incurred due to damage to the communal areas, primarily the staircase and the facade.

Are you interested in this apartment?

Object Number
OM-s66kg5
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
69.500 €
Purchase additional costs
approx. 6,048 €
Total costs
approx. 75,548 €
HOA fee
202 €

Breakdown of Costs

Purchase price 69.500 €
Real estate transfer tax 4,518 € (6.50%)
Notary costs 1,010 € (1.45%)
Land register entry 521 € (0.75%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 316€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.81%

Details

Condition
Well-kept
Number of floors
3
Level
2nd floor
Bathrooms (number)
1
Bedrooms (number)
2
Flooring
Laminate, Vinyl / PVC
Heating
Floor heating
Year of construction
1910
Equipment
Basement, Shower bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Laminate flooring in the living areas, vinyl flooring in the kitchen and bathroom, central heating system powered by gas, LED ceiling lights, electrical panel with surge protection, bathtub, wall-mounted toilet, plastic windows with double glazing.

Location

The property is located in the Barmen district of Wuppertal, between the areas of Sedansberg and Klingelholl.
Bus and train connections, as well as grocery stores, pharmacies, and other essential services, are easily accessible. The entrance to the A46 motorway is just a few minutes away by car.
The residential area is pleasant, and the street has moderate to low traffic.

Location Check

Nearest places
Nearest places

Energy

Energy efficiency class
H
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
308.53 kWh/(m²a)

PDF

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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