Engel & Völkers
Attic room with wood floors, white walls, skylight, gray chair, desk, and bed. A patterned rug lies in the center.

Investment Highlight: Core-renovated Townhouse with 4.9% Yield

€1,250,000
  • 12 Rooms
  • 9 Bedrooms
  • 2 Bathrooms
  • ~299.9 m² Total surface
  • ~184 m² Living area
  • ~220 m² Plot surface
  • ~26.4 m² Terrace surface

Description

This property, originally designed as a two-family house, underwent extensive core renovation in 2022 and was transformed into a highly attractive investment property with a total of nine rentable rooms. All rooms are tastefully furnished and fully rented to students and young professionals who especially appreciate the location near the city center and the close proximity to universities. The advantages of this investment property are diverse: Residents enjoy a fully equipped, modern kitchen, a communicative dining area, and high-quality equipped bathrooms on two floors. Additionally, there is an outbuilding on the property with a usable area of approximately 89 m², offering additional amenities such as a lounge area with a flat TV, a small gym, and a terrace with a barbecue area. In terms of energy, the townhouse is at the cutting edge of technology. The list of renovation measures highlights that sustainability was the top priority in the planning. Heating and hot water supply are provided by modern heat pump technology. If desired, a photovoltaic system with energy storage can also be installed. Triple-glazed windows and sustainable insulation ensure efficient heat retention inside. The property generates an impressive net rental yield of 4.9% with an annual cold rent of €60,420. All rental agreements are open-ended, with a mutual waiver of termination for the first two years, ensuring high rental security.
Features
BasementBuilt-in kitchenTerraceGuest toiletGymFurnished
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Engel & Völkers Frankfurt-Taunus MMC

Your advisor: Matthias Neu

Property ID: W-02QZ08

Property details
  • Object type

    Investment

  • Condition

    Top

  • Rooms

    12

  • Bedrooms

    9

  • Bathrooms

    2

  • Number of Floors

    2

  • Total surface

    ~299.9 m²

  • Living area

    ~184 m²

  • Plot surface

    ~220 m²

  • Terrace surface

    ~26.4 m²

  • Usable surface

    ~116 m²

  • Flooring

    Synthetic

Energy efficiency information
  • Construction year

    1905

  • Energy efficiency class

    C

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Final energy demand

    89.8 kWh/m²a

  • Type of heating

    Radiator

  • Energy source

    Heat pump

Location: Preungesheim, Frankfurt

The property is located on Kreuzstraße, in the up-and-coming district of Preungesheim, a dynamic and well-connected neighborhood in the north of Frankfurt. Young people particularly appreciate the excellent infrastructure and quick access to the city center. Preungesheim offers a variety of amenities right at your doorstep. Supermarkets, bakeries, pharmacies, and various service providers are in close proximity. For leisure and fitness, there are numerous sports studios as well as parks and green spaces in the area, ideal for outdoor activities. The nearby Bürgerhaus Preungesheim also offers cultural and social events that promote a lively neighborhood. The connection to public transportation is excellent: The Preungesheim U-Bahn station (U5) is just a few minutes' walk away and takes you directly to downtown Frankfurt in about 15 minutes. This is a clear advantage for young professionals or students, as they can quickly reach both the Goethe University campus and central office locations. The A661 motorway is also just a few minutes away, providing flexible access to the entire Rhine-Main area. Not only the infrastructure but also Frankfurt's vibrant nightlife is easily accessible. The popular district of Nordend, with its numerous bars, restaurants, and cultural facilities, is just a few U-Bahn stations away, making Preungesheim particularly interesting for young renters. This neighborhood combines peaceful living with urban flair and is perfect for young people who want to live centrally and well-connected.

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Engel & Völkers Frankfurt-Taunus MMC

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