 This property description outlines an available ownership unit that is set to become available by August 2024. The investment property, suited for individuals who appreciate nature and offers ample space for a familial lifestyle, is situated in ahouse featuring multiple entrances and encompasses three floors.

The ground floor comprises:

* A spacious living room and a separate dining area,
* A kitchen,
* One bedroom,
* One bathroom.

The first floor consists of:

* Three bedrooms,
* A large bathroom with ample natural light.

The upper floor contains:

* Two small bedrooms,
* A hallway.

An underground storage area, or Keller, can be found within the property. A small garden plot can be developed in front of the main entrance, while up to two parking spaces may be rented for an additional €30 a month each.

From an investment standpoint, this property appears to offer a relatively affordable entrance into the real estate market, with a Kaltmiete of €1,200 and a Warmmiete of €1,400. However, the lack of newer properties in the area could potentially limit the growth in property value. Nonetheless, the property's desirable location and ample living space should make it an attractive option for individuals seeking a family-oriented lifestyle.

Objektbeschreibung                          Wir bieten Ihnen eine große Eigentumswohnung, die zum 01.08.2024 frei wird, zur Miete an. Die Wohnung eignet sich, aufgrund ihrer schönen ländlichen Lage, sehr für Naturliebhaber und bietet viel Platz für die Familie. Die schöne Wohnung befindet sich in einem Haus mit zwei eigenen Eingängen und verläuft über das Erdgeschoss, das erste Obergeschoss sowie das Dachgeschoss. Die Wohnung hat die folgende Aufteilung:Erdgeschoss: 1 Wohnzimmer und (durch Balken abgeteiltes) Esszimmer, 1 Küche, 1 Schlafzimmer und 1 WC,1. Obergeschoss: 3 Schlafräume und 1 großes Tageslicht-Badezimmer,Dachgeschoss: 2 kleine Schlafräume und 1 Flur. Ein Gewölbekeller ist im Objekt vorhanden.Ein kleiner Gartenanteil kann vor dem Hauseingang errichtet werden. Stellplätze für maximal zwei PKW sind möglich und können zusätzlich für € 30,- monatlich pro Stellplatz angemietet werden.

House for rent in Radevormwald, Germany

Property Description
We offer you a spacious condominium, available for rent from August 1, 2024. The property is perfect for nature lovers due to its beautiful rural location and offers plenty of space for a family. The condominium is part of a house with two private entrances and spans the ground floor, first floor, and attic. The layout includes:
Ground floor: 1 living room and (partitioned by beams) dining room, 1 kitchen, 1 bedroom, and 1 WC.
1st floor: 3 bedrooms and 1 large daylight bathroom.
Attic: 2 small bedrooms and 1 hallway.
The property also features a vaulted cellar and the option to create a small garden area at the front entrance. Parking spaces for up to two cars are available and can be rented for an additional €30 per month per space.

Price thoughts: The property has a monthly rent of €1,200 (cold rent) and €1,400 (warm rent), which may seem like a high price at first glance. However, considering the spacious layout, rural location, and the option for additional parking spaces, the rental price is reasonable for the size and amenities offered. It's a great opportunity for those looking for a peaceful and family-friendly living environment.

 Buyer Perspective:

This property description presents a generously-sized home that becomes available on 01.08.2022. It's ideal for nature lovers and can accommodate a family comfortably due to its rural location. The home is situated within a two-entrance house and offers a layout that runs through the ground floor, first floor, and attic.

The ground floor consists of one living room and a kitchen connected by a partition, one bedroom, and a bathroom. The first floor boasts three bedrooms and a large bathroom with ample natural light. The attic features two smaller bedrooms and a hallway. The listing mentions the availability of a basement cellar as well.

As a prospective buyer, you may consider this property an excellent investment for several reasons. The ample space and attractive landscaping make it a desirable location, and the rural setting offers peace and tranquillity. It is also worth noting that the option to add a small garden in front of the property is available.

While the property offers 2 parking spaces, you can rent them for an additional €30 per month per spot. In summary, this property is a great option for those seeking a spacious, well-equipped home in a quiet setting and potential returns on investment.

 From a buyer's perspective, this property seems like an excellent investment opportunity and a great lifestyle purchase. The description of a 295-square-meter ownership unit with a rent start date of August 1, 2024, indicates potential revenue from the 1.200€ Kaltmiete and 1.400€ Warmmiete, should there be any vacancies. It also mentions that the property suits nature lovers and provides ample space for a family.

The property's layout, consisting of 1 living room, 1 kitchen, 1 bedroom, and 1 WC in the ground floor; 3 bedrooms and 1 giant natural-light bathroom in the first-floor 2 small bedrooms and 1 hall in the attic; and a cellar, suggests enough space for comfort and growth in the future. Moreover, the onsite parking space suggests good connectivity and potential rental income opportunities.

Assuming that the target rental cost is 1.400€Warmmiete in the area and considering factors like monthly utilities, maintenance, and taxes are around 500€, that roughly gives a return of 7.37% in annual net income per EUR 1.200€ (1.400€ Warmmiete - 500€ estimated costs) x 12 months / 1.200€ property price.

However, please note that this return estimates are rough calculations and don't account for potential risks or costs. Profitability can be impacted due to varying factors, such as unforeseen maintenance costs, vacancies, market saturation, and changes in interest rates.

Furthermore, if you plan to live at the property, the outdoor space which can be created in front of the entrance gives extra living area for a family to enjoy and spend quality time outdoors. The lush green surroundings are a bonus for anyone keen on summer barbecues, urban farming, and other outdoor pursuits.

In conclusion, this property presents a promising prospect for real estate investment from a buyer's perspective due to its potential to generate income and a great lifestyle for the residents, all thanks to its convenient location, adequate space, and good rent for the area.

House for rent in Radevormwald, Germany

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