Apartment building with 5 residential units
Haßlinghauser Str. 151, 58285 Gevelsberg, Nordrhein-Westfalen
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€287,000
Auction date
16 October 2026
10:00
Appraised value
€287,000
Minimum bid: below €143,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €200,900 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
16 October 2026 · 10:00
Local court
Auction venue
Amtsgericht Schwelm, Hauptgebäude, Schulstr. 5, 58332 Schwelm, Etage I, Sitzungssaal 107
Case number
0044 K 0014/2025
Next steps
Friday, 9 October 2026
- €28,700 (10% of the appraised market value)
- By bank transfer to the court cash office
- The court must have the money before the auction starts
Alternative: a crossed cheque or a bank guarantee at the hearing (§ 69 ZVG)
Friday, 16 October 2026
- 10:00
- Amtsgericht Schwelm in Nordrhein-Westfalen
approx. November 2026
The court sets the deadline, roughly 6 weeks after the award
Documents
Official court records, free to download.
Klaava Pro reads them for you: condition, defects, land register and valuation.
The ZVG portal only serves case pages inside its own site, so this route goes through Klaava.
The data comes from zvg-portal.de, the official portal of the German federal states.
Closing costs
Bid amount
State
Total investment
€215,673
€201,000 purchase price + €14,673 closing costs
10% of the appraised market value (§ 68 ZVG). You lodge it before the auction date. On award it counts towards your bid, otherwise you get it back. That is why it sits outside the total above.
No estate agent, no notarised purchase contract. Saving against a normal purchase approx. €10,191 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Mehrfamilienhaus
Living area
277 m²
Price per m²
€1,036
Plot size
1,199 m²
Year built
1910
Occupancy
Let
Town
58285 Gevelsberg
Property description
Detached multi-family house from 1910 in the outskirts location of Gevelsberg-Haßlinghauser Straße, approximately 3 km from Gevelsberg main station. The three-storey building with a full basement and a converted attic storey comprises a total of five residential units with living areas between 28 m² and 131 m². Four units are currently let; the attic flat is vacant and requires refurbishment.
The building is used predominantly as a let-out investment property. The annual gross income (achievable at market rates) is approximately 19,300 euros. Individual residential units have separate gas-fired floor heating systems; there is no lift.
The external condition shows significant maintenance backlog: the rendered façade shows flaking and cracking, the plinth area has exposed sections, and the timber cornice areas are markedly weathered. The roof with roof tiles and side slate surfaces likewise shows wear. An internal inspection was not possible; the valuer has applied a flat 10 percent reduction to the market value.
Klaava Pro
What Pro adds for this property
- 5 findings from the appraisal, 1 of them rated severe
- Valuation: Cost approach, Income approach, Property yield rate
- 1 entry in section II, meaning encumbrances and restrictions
- 5 units with floor area, actual rent and market rent
- Timeline of modernisation work, with years
- Energy: Energy rating, Final energy consumption, Heating type, Energy source
- More key facts: Remaining useful life and 2 more
- 9 more photos of this property
Official property description
The court’s wording
laut Gutachten: dreigeschossiges Mehrfamilienwohnhaus mit 5 Wohneinheiten zwischen 28 qm - 131 qm , Baujahr 1910; Modernisierungen : 1992 - Fenster- ; 1998 - Heizung-, 2004- Bäder- ; Wohnfläche gesamt: 277 qm, vermietet; eine Innenbesichtigung hat nicht stattgefunden
English translation
according to the appraisal: three-storey multi-family residential house with 5 residential units between 28 sqm - 131 sqm, year of construction 1910; modernisations: 1992 - windows-; 1998 - heating-, 2004- bathrooms-; total living area: 277 sqm, let; no internal inspection took place
Wording of the local court, taken from the official auction notice.
All information is given without warranty. The information shown was extracted automatically from official documents using AI and can be incomplete or wrong. Klaava accepts no liability for decisions made on the basis of this data. Only the official notices of the competent local court and the valuation report are authoritative.
What the surveyor's report says
Construction
Massivbau, überwiegend unterkellert. Steiles Satteldach mit Dachziegeln, Dachflächen teils mit Schiefer verkleidet. Weiße Kunststofffenster, doppelt verglast.
Findings of the surveyor · 5 findings
- Interior fit-out
- Roof (2)
- Facade
- Heating
Read out of the market value report written by the court-appointed surveyor.
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