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Ref 5527507, North Rhine-Westphalia, Germany


This property is no longer active
  Price: £1,183,289  

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Property Type: 
  Apartment
Bedrooms: 
  0


  Wuppertal is a city in the countryside and the economic and cultural centre of the Bergische Land. The university city also lies at the geographical centre of the Rhine-Ruhr region. The cities of Dusseldorf, Cologne and Essen are only half an hour away by car, yet the rents in Wuppertal are less than half the prices of these cities. The Wuppertal population enjoy a rich cultural life, good shopping and a great recreational value. Art nouveau styles set distinctive architectural accents across the city.

This portfolio is already fully tenanted and yielding an impressive 10.52%. Although the seller would prefer to sell as a package, they are willing to split and sell of each house individually

Situated in the bustling city of Wuppertal, this residential property portfolio, set over 5 properties, contains 39 apartments. The houses are all along the same street in straight succession, and are located close to the famous cable car, numerous green areas and in the central location of Wuppertal-Elberfeld. Built in 1929 , the houses have undergone extensive refubishment, with 80% of the apartments fully modernised. Between 2005-11, 300.000 Eur was spent on new bathrooms, floors, ceilings and heating. The apartments all have decentralised gas heating, installed between 1995 and 2011, and all apartments have a balcony.

Key Contacts
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Mat Littlecott

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James Kirkman

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Telephone:
+44 115 714 2820

Mat@proventureproperty.com

Skype:

Telephone:
+49 341 248 6810

Paul@proventureproperty.com

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Telephone:
+44 115 714 2820

James@proventureproperty.com

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