• Aerial view of a large, red-roofed building surrounded by smaller houses and green fields in a rural village setting.
  • Two-story building with red-tiled roof, multiple windows, and a small entrance porch. Several cars are parked in the driveway.
  • Aerial view of a rural village with traditional houses, red-tiled roofs, and surrounding greenery.
  • Aerial view of a rural village with multiple houses, red-tiled roofs, and scattered greenery.
  • Aerial view of a residential building with a red-tiled roof and surrounding greenery.
  • Two-story house with red-tiled roof, white and grey facade, multiple windows, and a small outbuilding. The house features a mix of modern and traditional architectural elements, with a grassy lawn in front.
  • A map showing the layout of Benzigerode, including roads, landmarks, and surrounding areas.
  • Floor plan of a residential area with multiple buildings and streets, highlighted in red outlines.
  • Floor plan showing multiple rooms and numbered sections, with clear outlines and labeled areas.
  • A detailed map showing a region with roads, water bodies, and labeled locations. The map includes various roads, green areas, and urban and rural zones.
  • A narrow hallway with tiled flooring, white walls, and a single door at the end. There are two small black doormats placed near the entrance and a framed picture on the left wall.
  • Spacious hallway with a staircase leading to an upper level, wooden railings, warm lighting, and tiled flooring.
  • A narrow hallway with a staircase leading upwards, featuring a patterned tile floor and a dark doormat at the base of the stairs.
  • Empty room with wooden flooring, white walls, two windows, radiator, and a few white mats on the floor.
  • Outdoor patio area with a small table and chairs, surrounded by a wooden fence and greenery. A small wooden shed is visible in the background.
  • Empty attic space with wooden beams, exposed wooden floor, and a small opening in the floor. No furniture or equipment present.
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Rooms
20
Living space
662 m2
Selling price
EUR 650,000.–

"6.5% Initial Yield: Historic Manor House near Wernigerode – 10 Units with Strong Rental Potential!"

Address

Oberhof 8, 38855 Wernigerode

Travel time

New
  • 12 min.Station: Wernigerode Hbf

Surrounding information

Source of this data

The data displayed is provided by one of our third-party suppliers.

Please note that the locations displayed may not be up to date and there may be some deviations.

  • Supermarket

    2 min.NP-Markt Wernigerode

  • Pharmacy

    < 1 min.Apotheken Wernigerode

  • School

    1 min.Stadtfeld Gymnasium

  • Public Transport

    4 min.Ernst-Pörner-Straße

Times refer to the route on foot.

Price

Purchase price:
EUR 650,000.–

Main information

Availability:
Immediately
Type:
Multi-family house
No. of rooms:
20
Number of floors:
2
Surface living:
662 m2
Land area:
1767 m2
Last refurbishment:
1999
Year built:
1850

Characteristics

  • View

  • Child-friendly

  • Parking space

  • Garage

  • Old building

Documents (0)

Description

The Investment Highlight at a Glance

For sale is a charming, freestanding, and listed manor house from around 1850 in the sought-after catchment area of Wernigerode (Benzingerode).

The property has been successfully converted into a high-yielding investment object with a total of 10 independent residential units and generates a reliable annual net cold rent of currently €42,228.00.

With a purchase price factor of around 15.4 and a square meter price of only around €982, this property offers solid substance and excellent upside potential for value-oriented investors.

Value Appreciation through Rental Potential (Upside)

The rents of the flexible residential units (sizes between 48 m² and 91 m²) have been deliberately hardly adjusted in recent years. This creates a clear, contractual development potential for the new owner to sustainably increase the cash flow through gradual adjustments to the local market level.

Construction Condition and Renovation History

The historic main building was comprehensively and substantially renovated between 1997 and 2000. Since then, the units on the ground and upper floors have been continuously maintained as needed. The technical and installation status corresponds to the year 2000, which provides a solid and functional basis for ongoing management.

Equipment

*Areas: Approx. 662 m² of total living space on a spacious plot of approx. 1,767 m².

*Heating: Central, efficient gas condensing heating system (approx. 15 years old).

*Windows: Durable and low-maintenance plastic insulation windows.

*Monument Protection Advantage: The property is subject to monument protection, which is why an energy certificate is not legally required.

*Basement: Spacious, historic vaulted cellar (building is partially basement).

*Floors: Robust laminate flooring, classic tiles, and textile coverings.

*Outdoor area: A separate garage building and several outdoor parking spaces for cars are available on the property. Additionally, a well-maintained green and garden area in the rear part of the plot is available for free use by the tenant community.

Location:

The property is located in a quiet and scenically attractive residential area in the idyllic district of Benzingerode, just around 5 kilometers east of the city center of Wernigerode (Harz district, Saxony-Anhalt).

Wernigerode enjoys an excellent reputation as a supra-regional recognized economic, educational, and research location on the northern edge of the Harz Mountains.

The historic half-timbered old town, the wide range of cultural offerings, comprehensive medical care, and excellent infrastructure constantly attract residents.

Thanks to these factors, the demand for living space on site is extremely stable, and the structural rental risk can be classified as very low.

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Contact

Matthias Hanig

+4915116725903
+4915116725903
Listing ID
4003214497
Object ref.
imcq2.1kqer

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