New

Rented 2-room apartment as a solid investment

€83,000
  • 2 Rooms
  • 1 Bedroom
  • 1 Bathroom
  • ~47 m² Living area

Description

This rented 2-room apartment on the 3rd floor of a well-maintained multi-family building from 1958 offers investors an attractive opportunity to invest in an already reliably rented property with long-term potential. The apartment is located in Essen-Frohnhausen—an established and sought-after residential area with good infrastructure connections and consistently high demand for housing. The manageable homeowners’ association with only ten residential units additionally ensures a quiet and harmonious living environment. With approx. 47 m² of living space, the property impresses with a functional and well-designed layout. All rooms are easily accessible via the central hallway. The bright living room offers sufficient space for a living and dining area and is complemented by a spacious bedroom. In addition, the apartment features a separate kitchen and a bathroom with shower. A basement storage compartment provides additional space and completes the offer. Residents also have access to a shared garden, further enhancing the appeal of the residential complex. From an investor’s perspective, the property is particularly interesting due to the existing tenancy. The current tenant would like to continue the lease, providing the buyer with immediate rental income without initial letting risk. The current monthly net cold rent is €380, and the monthly service charge amounts to approx. €108. Overall, this is an attractive investment with immediate rental income, manageable ongoing costs, and sustainable development potential in a sought-after location in Essen-Frohnhausen. Feel free to arrange your individual viewing appointment with us and see for yourself!
Features
BasementGarden
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Engel & Völkers Rheinland MMC

Your advisor: Janette Schmidt

Property ID: W-049BXK

Property details
  • Object type

    Flat

  • Rooms

    2

  • Bedrooms

    1

  • Bathrooms

    1

  • Floor

    3

  • Living area

    ~47 m²

  • Flooring

    Laminate, Tiles

Energy efficiency information
  • Construction year

    1958

  • Energy efficiency class

    F

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Final energy demand

    186.9 kWh/m²a

  • Energy source

    Storage heater

Location: Frohnhausen, Essen

The apartment is located in Essen-Frohnhausen, a centrally situated district in the west of Essen with excellent infrastructure and transport links. The area is characterized by short distances, an established residential structure, and a high level of everyday convenience. Shops for daily needs, pharmacies, doctors, cafés, and many other services are in the immediate vicinity. Particularly noteworthy is the popular Frohnhausen weekly market at Frohnhauser Platz, which, with its diverse offerings and lively atmosphere, further enhances the residential environment and is highly valued in the district. In addition, the location offers very good transport connections. Bus, tram, and S-Bahn services provide quick access to Essen city center, the surrounding districts, and the entire Ruhr area. The A40 and A52 motorways can also be reached in a short time. The neighborhood is complemented by various green spaces and recreational opportunities, providing a pleasant balance to urban everyday life and further increasing the quality of living. The combination of urban infrastructure, good accessibility, and consistently high demand for housing makes this location particularly attractive for investors and ensures sustainably good rental prospects.

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