Home Properties Minden Haus

Minden Haus

Location: Close to Hanover
Price: SOLD
Rental Yield: 7.5%
Mortgage included: YES
Units: 21
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Recently refurbished 20 apartments and one commercial unit. Close to the city centre of Minden.

Key Investment Features

  • 21 Units
  • High rental yield of 7.5%
  • Non recourse mortgage of 73% LTV
  • Fixed interest rate of 2.1%
  • Lifetime asset and property management

Property Description

This is an outstanding opportunity to take ownership of a corner building comprising 20 apartments and one commercial unit. The property is situated close to the city centre of Minden, near the central station. The city centre is 600 m away with shopping centres, restaurants, doctors and pharmacies are all within walking distance. The apartments are fully let and the building is in excellent condition. The previous owner has recently built an additional brand new apartment on the ground floor which is now let. 

  • Apartments 100%, commercial unit being refurbished
  • Recently refurbished outside of the building
  • Close to city centre of Minden