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House for sale in Wuppertal, Germany
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House for sale in Wuppertal, Germany

334 000€

42111 Wuppertal

Investment Breakdown

Gross Yield:

5.5%

Time to pay off with rent:

30.9 years

Price Difference:

15%

Expected Rent:

900€/month

Property description

This semi-detached house is designed for a single-family and is a one-storey property that includes a basement and a converted attic. The residence boasts a living space of 121 square meters and is equipped with a row garage. Built in 1977, the house is thoughtfully laid out: the basement comprises a hallway, a laundry room, a hobby room with direct access to the garden, and a utility room. On the ground floor, there is an inviting entrance hall, a guest toilet, a kitchen, a combined living and dining room, and a terrace perfect for outdoor relaxation. The attic features a hallway, a bathroom, three spacious bedrooms, and a loggia offering additional living space. Heating and hot water are provided by a gas condensing boiler. Please note that the garage could not be inspected. This property is being auctioned at the relevant district court with a market value of 334,000 EUR. There is potential for a 30% discount on the market value, bringing the purchase price down to approximately 233,800 EUR. This is an attractive opportunity for those looking to acquire property in the area.

Location

42111 Wuppertal

Date added: 10.12.2024

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