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House for sale in Minden - Nordrhein-Westfalen, Germany

340 000€

32425 Minden - Nordrhein-Westfalen

Features

  • Küche Offene Küche
  • Bad 3
  • Bad Dusche, Wanne, Fenster
  • Boden Fliesen, Teppich, Laminat, Dielen, Estrich
  • Balkone 1
  • Terrassen 1
  • Keller

Property description

In this 1959 semi-detached house, you'll find a well-maintained and updated home with two bedrooms in the upper and lower levels, as well as an additional three rooms on the first floor. The current layout offers a well-maintained kitchen, bathroom, living room, and basement with 2 car parking and a garage. The property's location in a well-maintained neighborhood on the outskirts of Minden is convenient for easy living. From an investment perspective, this property offers a good return due to the strong demand for housing in the area, which can generate passive income through rentals. As a lifestyle purchase, the property appeals to couples or families seeking to live in a comfortable and low-maintenance home within quiet and desirable surroundings. The renovated interiors and potential for additional renovations make it a great long-term investment. To make the most of the space, consider renovating the upper floor rooms for increased functionality. To maximize the return on investment and appeal to the rental market, you could consider redecorating and renovating the upper floor rooms or observe local property trends for potential key value improvements. The estimated potential rental income could be around 12% annually, resulting in a yield of about 8.4% after accounting for rental vacancy and maintenance expenses. Overall, the property presents an excellent opportunity for both lifestyle change and real estate investment. Providing it meets your financial goals, it has good potential for future capital appreciation. With the right renovations and maintenance, this property could be an excellent residential asset for your portfolio.

Location

32425 Minden - Nordrhein-Westfalen

Date added: 24.07.2024

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