Solid investment in Küps Johannisthal, Regierungsbezirk Oberfranken, Bavaria, Germany Self Build £278,233 | €330,000 | $364,155 Request a Currency Exchange Quote Here

single family house, year of construction 1988, open fire place/tile stove, built-in kitchen, bathroom with window, shower, bathtub, more than 1 bathroom, separate toilet, balcony / terrace, central heat

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Property Attributes

Property Features

Balcony, Terrace, Attic, Central Heating, Fireplace

Building Characteristics

Renovated

Fixtures-Fittings-Furnishings

Bath, Shower, Toilet
Property Description ID:38379601

A multi-family house with three residential units, built in 1988 and renovated in 2016, is for sale. All three apartments are currently let. 

In 2016 the oil central heating was renewed and equipped with heat meters for each residential unit. Each residential unit also has its own electricity meter. 

Division:
Apartment 1 (ground floor): living/bedroom with tiled stove, kitchen with EBK, bathroom with corner tub + shower, storeroom + hallway

Apartment 2 (1st floor): Bright living room with balcony access, kitchen with high-quality EBK, storeroom, bath with corner tub + shower, small bedroom, further large and bright bedroom.

Apartment 3 - (ground floor + 1st floor): separate entrance, living room, kitchen, hallway, storeroom, bath with walk-in shower, bedroom with balcony access, hallway, bath with corner tub, children's room.

The attic offers development potential for further flats. 

The rental income amounts to 19,080 € p.a., which corresponds to a solid yield.

An agent's commission in the amount of 4.76 % of the purchase price incl. legally applicable VAT of 19% is due upon conclusion of a notarised purchase agreement.

Küps is a market in the administrative district Kronach in the administrative district Upper Franconia in Bavaria. The municipality lies in the nature park Frankenwald an der Rodach and was first mentioned in a document on 08 July 1151. Through Küps the Krebsbach flows at the hamlet Rödern, which flows into the Rodach. In an idyllic landscape with ideal transport connections, Küps forms the southernmost tip of the district of Kronach. The transition from the Franconian Forest to the Main Valley becomes visible and characterises a landscape of particular charm. Geographically Küps belongs to the low mountain range of the Franconian Forest, but it already enjoys the milder climate of the Main Valley, which makes winters shorter and summers longer. Küps lies on the Frankenwaldbahn and the Bundesstraße 173.

The property is in a convenient location in the Johannisthal district of Küps. 

The information contained in the property summary is based solely on information provided by the vendor. realbest Germany GmbH therefore accepts no liability for the accuracy or completeness of the information contained in the property summary. We would like to explicitly state that we have not verified this information either in law or in fact and therefore recommend that you seek legal counsel or advice from appropriate experts. All floor space measurements are approximate. Our general terms and conditions apply.

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