5.4 % yield - 3-family house in a future-proof location in Lörrach-Brombach

A versatile apartment building in Lörrach-Brombach is for sale, offering both investors and owner-occupiers an attractive investment opportunity with a clear structure and convincing development potential. The property was built in 1970 by a nationally renowned architect for the family's own use and is characterized by a very solid construction, high-quality choice of materials and a well thought-out floor plan. The property thus combines a strong existing character with the option of creating additional living space through targeted measures and sustainably increasing the overall value.

The building currently comprises three residential units with a total living space of approx. 272 m². Two of the apartments are currently vacant and can be renovated and re-let at short notice. The first floor apartment is rented out and generates a regular rental income of € 658 per month. The property also includes three outdoor parking spaces. A particular advantage of the location is that it is directly adjacent to the green spaces of the new city park and the Schöpflin Campus, which further enhances the quality of living.

Layout of the units:

Garden floor: approx. 66 m², 2 rooms, modernized to a high standard, free, open living and dining area with large windows, oak parquet flooring, daylight bathroom with barrier-free shower, terrace with direct garden access, separate entrance, can be rented immediately.

First floor: approx. 109 m², 3 rooms, rented, basic rent € 658/month, spacious living area, separate kitchen with corner window, daylight bathroom with shower and bathtub, additional guest WC, large outdoor seating area with garden access and further balcony, well-kept condition with potential for future development.

Upper floor: approx. 97 m², 3 rooms, vacant, in need of renovation, open-plan living and dining area with large windows, balcony with far-reaching views, separate kitchen, daylight bathroom + guest WC, independent gas heating (boiler replaced in 2022).

A significant added value lies in the possible option to add an extra storey and the associated development potential of the property. The extent to which the existing flat roof can be replaced with a pitched roof and additional living space created in the form of a further attic apartment is currently being examined with the responsible building authority. Furthermore, additional scope for design may arise in the future in the course of possible adjustments to the development plan. Irrespective of this, the existing property already offers solid potential for value appreciation by renovating the vacant units.

There are several development options for the property.
Scenario 1 - Adding a storey & renovation: Following the extension, four residential units with approx. 330 m² could be created. With a calculated market rent of €14/m², this would result in a monthly rent of around €4,620 or around €55,440 per year. The estimated total investment is around €1,099,000, which corresponds to a gross rental yield of around 5.0%.

Scenario 2 - Development of the portfolio without adding a storey: three residential units with approx. 272 m² remain. At the same market rent, this results in a monthly basic rent of around € 3,808 or around € 45,696 per year. The total investment amounts to around € 849,000, resulting in a gross rental yield of around 5.4 %.

*The costs for three parking spaces at € 10,000 each are not included in the calculation. The parking spaces are not linked to the apartments and can be rented separately - also to external third parties. If they are rented out at € 50 per month each, this results in an additional yield potential of around 6 %.

Lörrach-Brombach is located in the attractive border triangle of Germany, Switzerland and France and is one of the strongest economic regions in Europe. The immediate proximity to the Swiss metropolis of Basel with its international corporations, renowned pharmaceutical companies and research institutes has ensured a consistently high demand for living space as well as stable rental and real estate prices for years. The location is particularly popular with cross-border commuters with Swiss incomes, who represent above-average purchasing power and sustained demand.

The transport connections are excellent: Rheinfelden can be reached in around 10 minutes, Weil am Rhein in around 15 minutes and Basel in around 20 minutes via the A98 and well-developed bus and train connections. The Brombach/Hauingen train station is only a five-minute walk away and provides convenient access to regional and national public transportation. The EuroAirport Basel-Mulhouse-Freiburg can be reached in around 25 minutes.

Local amenities are excellent. Shopping facilities such as Edeka and Netto, pharmacies and other service providers are within walking distance. The infrastructure is complemented by the new Lörrach health campus with the new Central Hospital (completion 2027), which can be reached in a few minutes by bike or car, as well as the existing Central Hospital Lörrach. Families benefit from short distances to nurseries and schools as well as a wide range of leisure activities and clubs.

The dynamic urban and neighborhood development in the Brombach district offers particular added value. A modern center of living, working, culture and education is being created around the FABRIC and Schöpflin sites with the "Neue Mitte Brombach". At the same time, further residential areas such as "Bühl III" are being realized and former industrial areas - including the Lauffenmühle and Reiss-Mühle - are gradually being transformed into contemporary commercial and mixed-use areas.

The Schöpflin Campus, one of the most important urban development projects in the region, is being built in the immediate vicinity of the property. The centerpiece is the new "Haus für alle", a modern multi-purpose building with educational, event and creative spaces, café and meeting areas as well as an integrated GP practice. The area is complemented by a spacious, high-quality park that will act as the new social and green center of the district.

The property thus benefits from a rare combination of living close to nature, excellent infrastructure and future-oriented neighborhood development. The direct connection to the newly created city park with an unobstructed view of the greenery represents a long-term value-stable location advantage and underlines the high living and investment potential of this location.