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42659 Solingen - Nordrhein-Westfalen
From a buyer's perspective, this property description presents a unique opportunity to acquire a fully furnished and renovated tiny house with a detached workshop/shed in a picturesque location near the Wupper River in Solingen, Nordrhein-Westfalen. The house is located on a 434-square-meter land plot and offers 40 square meters of living space spread over two floors. It boasts a covered terrace and is heated by a pellet stove and a split air-conditioning system. The small workshop/shed is a convenient bonus for hobbyists. The monthly rent is 500€ for the furnished property, excluding utilities for water, electricity, and heating, which are subject to separate monthly charges of 80€.The fact that the property is move-in-ready, with only the larger appliances (washer and dryer) yet to be installed, is certainly a draw for potential tenants, as it minimizes the need for additional renovations or furnishing expenses.To investigate the potential of this property as a real estate investment, considerations may include the local rental market demand, comparable property values, and occupancy rates. For a lifestyle purchase, the charm of a tiny house coupled with attractive amenities like the terrace, renovated charm, and green environment are distinct advantages that can appeal to a wide range of potential renters. Given the opportunity for urban living with rural surroundings, this property could be a popular choice for tenants seeking a serene setting combined with convenience to local amenities and attractions.Risk for investors would involve the short lease term of only one year, but the option to renew may be favorable. The job market, demographics, and proximity to schools, shopping, and transportation can also impact the long-term occupancy and rental rate stability.
42659 Solingen - Nordrhein-Westfalen