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1st Quarter Investment release:
A range of high quality residential and mixed use investment properties sourced directly from German banks and liquidators offering exceptional value for money and above average yields.
The portfolio is available as a single lot or as individual blocks and is located in established and prosperous towns and cities in the former West Germany and the federal capital Berlin.
1.
10 Ahlem Strasse, Hannover.
• A residential apartment block built circa 1900, comprising of 6 self contained apartments with a total floor area of 394m2
• Fully tenanted with a current rental income of €24,000 per annum
• Offer price: €344,000
• Yield 6.98%
• Mortgage available of up to 80% subject to status.
2.
54 Ricklinger Strasse, Hannover
• A mixed used residential and commercial building comprising of 3 apartments and 1 retail unit with a combined floor area of 420m2 (330m2 & 90m2)
• A rental income of €34,284 per annum is anticipated when fully let (Current rental income €26,448 per annum)
• Offer price: €345,900
• Yield 9.91%
• Mortgage available (subject to status)
3.
54/56 Wunstorfer Strasse, Hannover
• A residential apartment block built circa 1928 plus a detached apartment house comprising of 14 self contained units with a combined approximate floor area of 900m2.
• The buildings produce a total rental income of €51,600 per annum.
• Offer price: €524,300
• Yield 9.84%
• Mortgage available of up to 80% subject to status.
4.
8 Meugelheimer Strasse, Berlin ‐ Koepenick
• A stunning recently refurbished apartment block built circa 1913, comprising of 14 self contained and superbly finished apartments with a combined floor area of approximately 791m2.
• Currently let producing a rental income of €60,288 per annum.
• Offer price: €889,300
• Yield 6.78%
• Mortgage available (subject to status)
5.
64 Kaiserin – Augusta Strasse, Berlin.
• A substantial residential apartment building dating back to 1904, recently refurbished comprising of 13 self contained apartments with a combined floor area of 1037m2.
• Current rental income €80,866 per annum.
• Offer price: €1,353,000
• Yield 5.98%
• Mortgage available (subject to status)
6.
Rotenburg, Hessen (West Germany)
• A centrally located apartment block of 6 self contained apartments with a combined floor area of 370m2.
• Currently 50% let when fully let the building would produce a total rental income of €22,200 per
annum.
• Offer price €233,200
• Yield 9.52%
• Mortgage available (up to 80%) subject to status.
7.
Bad Hersfeld, Hessen (West Germany)
• A town centre mixed used residential / commercial building comprising of 2 apartments and a ground floor commercial premises with a combined floor area of 396m2.
• Delivered fully tenanted with an approximate rental income of €21,500 per annum.
• Offer price: €253,000
• Yield 8.50%
• Mortgage available (up to 80%) subject to status.
8.Bad Hersfeld, Hessen (West Germany)
• A centrally located purpose built retail units and apartments, 2 apartments and 2 ground floor
commercial units.
• Fully tenanted with a current rental income of €47,302 per annum.
• Offer price: €558,700
• Yield 8.48%
• Mortgage available (up to 80%) subject to status.
9.
Bad Hersfeld, Hessen (West Germany)
• The adjacent unit to listing 8, a purpose built commercial / residential building comprising of 2
apartments (212m2) and 1 commercial unit (109m2).
• Apartments are tenanted, commercial unit currently vacant, possible rental income when fully let
€19,440
• Offer price: €232,900
• Yield 8.35%
• Mortgage available (up to 80%) subject to status.
10.
Bad Hersfeld, Hessen (West Germany)
• Located in a quiet residential area close to the town centre 2 x spacious semi detached houses
Offering a combined living area of 378m2 and a garden area of 892m2.
• The houses are in good condition and are currently rented providing an annual income of €19,320
• Offer price: €228,200
• Yield 8.47%
• Mortgage available (up to 80%) subject to status.
11.
Bebra, West Germany
• Located in the town centre a mixed use residential / commercial building comprising of 9 apartments and 2 ground floor commercial units offered in very good condition.
• Fully tenanted with a total rental income of €44,346 per annum.
• Offer price: €524,000
• Yield 8.46%
• Mortgage available (up to 80%) subject to status.
Please note the mortgage product you are offered by the mortgage broker may be different from the one shown above. Your mortgage will be tailored to your personal financial circumstances. Monthly payments may be affected by a change in interest rate offered or any lender fees added to the loan. Please make sure that you always thoroughly understand the mortgage product offered by your mortgage broker before you complete on
any purchase of an investment property.
The prices provided in this document are for information and guidance purposes only. These particulars are intended to give a fair description of the property price but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. While we make every effort to ensure the accuracy of information provided, neither the company nor its employees accept any liability for any losses, damages or costs arising out of, or in connection with, the use of this information, including direct, indirect or consequential damages, loss of data, income or profit, and claims of third parties.