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Fully occupied multi-family building, 5 residential units, price-to-rent ratio of 13.85 - CURRENT YIELD: 7.22%.

Am Blanken Moor 3a, 27324 Eystrup – Niedersachsen
370.000 €
14
Room
322 m²
Living Area
689 m²
Plot Area
Private offer
House
Multi-family house

Fully occupied multi-family house with 5 residential units and approximately 322 m² of living space on a 689 m² plot – immediate cash flow from day one, with no vacancy. Current annual net cold rent (ACTUAL): €26,700 | Yield: 7.22% | Factor 13.85.
RENTAL POTENTIAL: For 4 out of 5 residential units, there is potential to increase rent by up to 20% within the legal limits. The calculated target annual net cold rent is €31,152, which corresponds to a gross yield of 8.42% at the current asking price. Apartment breakdown:
• Ground floor, left: approximately 97 m²
• Ground floor, center: approximately 40 m²
• Ground floor, right: approximately 45 m²
• 1st floor, left: approximately 83 m²
• 1st floor, right: approximately 65 m²
Total area: approximately 330 m² | all 5 units are rented.
The division of the property according to the "Wohnungseigentumsgesetz" (WEG) is complete (certificate of completion available). The buyer can keep the entire house or sell individual apartments separately. Tax advantage: Due to the building's construction dates (1920/1970), a remaining useful life assessment is possible, resulting in an increased annual depreciation and, consequently, a noticeably lower tax burden. No real estate agent – no markup – no commission. Energy performance certificate: Class H, 288.70 kWh/(m²a) – demand certificate. Note on energy efficiency: Each residential unit has its own gas-fired heating system, so tenants pay their own heating costs. The energy class has no impact on the owner's cash flow. Transfer subject to agreement. Sale directly from the owner, commission-free.

Are you interested in this house?

Object Number
OM-270140
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
370.000 €
Purchase additional costs
approx. 23,617 €
Total costs
approx. 393,617 €

Breakdown of Costs

Purchase price 370.000 €
Real estate transfer tax 18,500 € (5.00%)
Notary costs 3,380 € (0.91%)
Land register entry 1,738 € (0.47%)
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: 1,421€

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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 nirqovalen.shop

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.76%

Details

Condition
Well-kept
Number of floors
2
Usable area
40 m²
Bathrooms (number)
5
Bedrooms (number)
9
Flooring
Laminate, Tiles
Heating
Floor heating
Year of construction
1920
Equipment
Garden, Basement, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Public transport

Information on equipment

• 5 residential units, fully let
• Approximately 330 m² of living space | 689 m² of land
• Gas-powered heating system for each unit (energy costs are borne by the tenants!)
• PVC windows with double glazing
• Fitted kitchens
• Flooring: Laminate and tiles
• Partial basement | Garden
• Property has been divided into individual units – individual units can be sold separately.
• 2 residential units completely renovated in 2022
• Tenants responsible for caretaker duties
• Current yield: 7.22% | Target yield: up to 8.42% (potential for increased rental income)

Location

Location – Eystrup: Ideally situated
Eystrup is located in the heart of Lower Saxony – directly between Bremen and Hanover. This offers tenants a real alternative to expensive city rents, which ensures stable occupancy rates.

Connectivity:
• Bremen: approximately 40 minutes (by train & A27)
• Hanover: approximately 40 minutes (by train & A2)
• Direct DB (German Rail) station within the town
• Public transportation available

Local infrastructure:
• Grocery stores, pharmacy, doctors
• Kindergarten and primary school
• Secondary school, comprehensive school
• Gymnasium (academic high school) within the catchment area.

Location Check

Child Friendliness
250m
Nature
750m
Health
800m
Shopping
700m
Sports
1.2km
Culture
1000m
Eating Out
850m
Nightlife
850m
Public Transport
650m

Energy

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

Miscellaneous

One of the tenants is self-employed and carries out all janitor activities on site and has a certificate of completion for the property. A division according to WEG has therefore already taken place. The whole house is for sale.

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Offer from: Thorsten Bischoff