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Neukirchen Haus

Location: Close to Duisburg
Price: SOLD
Rental Yield: 7.3%
Mortgage included: YES
Total Investment: €554,000
Actual ROI: 10.5%
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Fully occupied 36 unit block, completely refurbished in 2011, with new windows, insulation

Key Investment Features

  • 36 Units
  • High rental yield of 7.3%
  • Non- recourse mortgage 70% LTV
  • Fixed interest rate of 2.1% for 10 years
  • Lifetime Property and Asset management

Property Description

This fully occupied 36 unit block is located close to the main centre of Neukirchen. Following refurbishment in 2011 this property is in excellent condition and is currently below market rent for the location.  Neukirchen is located a short drive from Duisburg city which has a population of nearly 500,000 people. It is located in the North Rhine Westphalia region which has 150,000,000 people within a 500km radius of its capital Dussseldorf

  • Close to city centre of Duisburg
  • Renovated bathrooms and insulated facade
  • 100% let with good rent increase opportunities