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Address: 7 & 9 Neudorfer strasse,Halbendorf/Spree
State: Germany
Price: £59,000
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AD Number: 209
Status: Active
Cost to buy it now: £59,000
Sale or Auction?: For Sale
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Full Description: Mostly rented.The property consists of two large residential buildings on a very large land plot.House 7 is approx 338 mt2 and house 9 a further 217 mt2.The land plot extends to 5898 mt2.The property is in old condition and is currently split at 11 apartments, 8 of which are let.The property is currently producing a Gross rental of approx 15,180 Euros per annum. We have not got confirmation of a Net yield but expect it to be approx 12,000 euros per annum.The empty units would need to be refurbished before they could be rented. The property is in a rural area but due to a lack of affordably social housing in the area we believe this would be a very good investment.
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Listed by: EU Investments
Phone: 01234 852600
Mobile: 01234 852600
Fax: 01234 852301
Homepage: http://www.euinvestments.co.uk
Info: For more infomation, Please Contact the office, we are always happy to help.
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