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Investment property: Rented 1-bedroom apartment with balcony and elevator – near the center of Wesseling

€115,000
  • 1 Room
  • 1 Bathroom
  • ~40 m² Living area
  • Construction year 1985

Description

This well-maintained condominium, offering approximately 40 m² of living space, is situated close to the centre of Wesseling and forms part of a small condominium owners’ association comprising just eight units—something that, in practice, tends to ensure a quiet neighbourhood and straightforward management. Built in 1985, the apartment has a well-designed layout comprising a living and sleeping area, a separate kitchen and a bathroom. A separate kitchen is by no means standard in one-room apartments and noticeably enhances the quality of living. The living area opens onto a balcony, which is ideal for enjoying a morning coffee or relaxing outdoors after work, while a lift in the building provides convenient, largely step-free access. Shops, doctors, restaurants and everyday amenities are all within easy reach. The light rail service and nearby access to the A555 provide quick connections to Cologne and Bonn, making the apartment particularly attractive to commuters, singles and students in the long term. The apartment has been rented out for some time, meaning that an established and trouble-free tenancy is in place. As the current rent is noticeably below the local market level for comparable properties, there is medium-term potential to adjust it to the market rent. Small apartments of this size remain in consistently high demand in the Cologne/Bonn region, providing a solid basis for stable long-term rental income.

Features
BalconyElevator
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Engel & Völkers Rheinland MMC

Your advisor: Pascal Linder

Property ID: W-04821L

Property details
  • Object type

    Flat

  • Rooms

    1

  • Bathrooms

    1

  • Floor

    1

  • Number of Floors

    4

  • Parking spaces

    1

  • Living area

    ~40 m²

  • Flooring

    Laminate, Tiles

Energy efficiency information
  • Construction year

    1985

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Final Energy Consumption

    155.1 kWh/m²a

  • Type of heating

    Radiator

  • Energy source

    Decentral heating, Gas heating

  • Energy includes hot water

    Yes

Location: Wesseling, North Rhine-Westphalia

The apartment is situated in a quiet residential area close to the center of Wesseling, a Rhine town in the Rhein-Erft district located precisely between the two major centers of Cologne and Bonn. The town center, with its pedestrian zone, supermarkets, bakeries, pharmacies, banks, doctors and restaurants, can be reached within a few minutes, making all essential everyday amenities conveniently accessible on foot or by bicycle. Kindergartens, primary schools and secondary schools are also located nearby, making the area attractive both to families and to investors. The nearby Rhine embankment, with its promenade, green spaces and cycle paths along the river, provides opportunities for walks and leisure activities right on the doorstep. The location has excellent transport links: light rail line 16 connects Wesseling at frequent intervals with Cologne city center and Bonn, while the nearby A555 motorway junction allows both cities to be reached by car in around twenty minutes. Several bus routes within the town and the convenient accessibility of Cologne/Bonn Airport further enhance the location. Another advantage is the strong local economic structure, as the industrial and chemical companies based in Wesseling are among the region’s largest employers and ensure consistently strong demand for housing, particularly in the smaller-apartment segment. Wesseling therefore combines the advantages of a manageable Rhine town with immediate proximity to the Cologne/Bonn metropolitan area, giving this location a sustainably stable outlook.

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