Property Highlights

Central location in Rinteln
Modernized building since 1972
Balcony and terrace outdoor spaces
Double-glazed windows for energy efficiency
Full basement for extra storage
Two garages included, one needs renovation

Overview

This property not only impresses with its central location, but also with its excellent investment opportunities. Built in 1972, the building has been continuously modernized over the years and thus offers a high quality of living and attractive rental yields. The two well-designed apartments, each with a living space of approx. 87 m² (approx. 174 m² in total), are currently rented out and guarantee a stable rental income. The upper floor apartment has a balcony, while the lower floor apartment has a terrace. No rent increases have been implemented in recent years, but the ancillary costs have been regularly adjusted, which further secures the profitability of the property. The apartments each have 4 bedrooms. The apartments have double-glazed plastic windows, which not only provide good sound and heat insulation, but also contribute to increasing the energy efficiency of the building. This not only means a reduction in heating costs for the tenants, but also has a positive effect on the long-term value retention of the building. In addition, the property has a full basement area, which offers further storage space, as well as two garages, one of which would need to be renovated due to moisture problems. The approx. 400 m² garden area rounds off the offer and provides tenants with a beautiful open space. Thanks to a large number of modernizations - including the insulation of the façade, the renewal of the gas heating in 2009 and the fresh coat of paint on the façade in 2024 - the building is in very good condition, both visually and in terms of energy efficiency. Overall, this property offers a solid and long-term opportunity for investors to benefit from a stable rental yield and a property of stable value in a sought-after location. Owner-occupation is also conceivable. The central location in Rinteln ensures that the apartments are in high demand, making the property an attractive and secure investment. The good public transport connections and proximity to municipal facilities guarantee high rentability and long-term rental income.

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