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Residential investment with 10 apartments in Werdohl - Germany
- Current bid
- Status
€
Total bid amount
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Total bid amount
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€
Max bid amount
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Max bid amount
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Lot specifications
- Quantity
- 1
- Margin
- Yes
- City
- Werdohl
- Address
- Auf dem Bremfeld 26, 58791 Werdohl
Description
Are you looking for a profitable real estate opportunity in a region with structural demand for housing? Then this is your chance.
It concerns 10 apartments. Total living area of 430.72 m2 and a plot area of 578 m2.
Layout:
Erdgeschoss (EG) – ground floor (3 apartments)
Obergeschoss (OG) – first and second floor (2 x 3 apartments)
Dachgeschoss (DG) – attic (1 apartment)
Rented units: 2 of the 10 apartments are currently rented.
Condition: The basis is good but the building needs renovation work.
Potential:
The demand for housing in this region is high, which makes this property particularly interesting for investors and project developers.
Renovation can significantly increase the efficiency. The potential annual rent is: € 33,079.30.
The two current tenants now provide a rental income of €4650.48 per year.
It concerns 10 apartments. Total living area of 430.72 m2 and a plot area of 578 m2.
Layout:
Erdgeschoss (EG) – ground floor (3 apartments)
Obergeschoss (OG) – first and second floor (2 x 3 apartments)
Dachgeschoss (DG) – attic (1 apartment)
Rented units: 2 of the 10 apartments are currently rented.
Condition: The basis is good but the building needs renovation work.
Potential:
The demand for housing in this region is high, which makes this property particularly interesting for investors and project developers.
Renovation can significantly increase the efficiency. The potential annual rent is: € 33,079.30.
The two current tenants now provide a rental income of €4650.48 per year.
Additional details
• It is an auction only by auction. No exit is organized;
• During the auction, active bidders may be contacted by telephone or in writing to verify bids and to request a bank statement. This serves to protect both the bidder and the bidding process. It is therefore important that bidders can be reached during the auction. Troostwijk reserves the right to block accounts and remove bids. In that case, a bidder who was previously the highest bidder but outbid can then become the highest bidder again and be kept to the bargain.
• After the client has been awarded, a deposit note of 30% of the purchase price + auction costs must be paid within 48 hours;
• After receiving the deposit, the notarial deed is drawn up and signed at a notary in Germany;
• Sales are done through Auflassung vormerkung. In addition, the benefits and burdens have also been transferred equally;
• Payment of the other costs must be made after signing the purchase agreement;
• Please note: a bid placed is unconditional and irrevocable;
• 21% VAT is charged on the auction costs;
• This sale comes with an 'as is/where is' clause;
• The terms and conditions of use and the legal relationships that arise with regard to the auction are governed by Dutch law;
• Troostwijk Auctions Real Estate
• Overschiestraat 59
• 1062 XD Amsterdam
• realestate@troostwijkauctions.com
• Tel. +31(0)85 – 107 43 03