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Multi-family house with courtyard building

Heßlerstraße 21, 45888 Gelsenkirchen, Nordrhein-Westfalen

Auction in 117 days

Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.

Appraised value

€400,000

Auction date

19 January 2027

09:30

Enforcement by a creditor

Appraised value

400,000

Bidding thresholds
50%70%
200,000280,000

Minimum bid: below €200,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €280,000 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

19 January 2027 · 09:30

Auction venue

Amtsgericht Gelsenkirchen, Hauptgebäude, Bochumer Straße 79, 45886 Gelsenkirchen, Etage 2, Sitzungssaal 202

Case number

0005 K 0013/2024

Next steps

Bid deposit

Tuesday, 12 January 2027

  • €40,000 (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)

Auction

Tuesday, 19 January 2027

  • 09:30
  • Amtsgericht Gelsenkirchen in Nordrhein-Westfalen
Payment of the purchase price

approx. March 2027

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.

Read the official auction notice

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

of the appraised market value

State

Property transfer tax6.5%€18,200
Court fee for the award (§ 54 GKG)approx. 0.5%€1,400
Land register entryapprox. 0.3%€840
Total closing costs€20,440(7.3%)

Total investment

€300,440

€280,000 purchase price + €20,440 closing costs

Bid deposit€40,000

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. €14,196 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Mehrfamilienhaus

Living area

439.08 m²

Price per m²

€911

Plot size

638 m²

Year built

approx. 1900

Occupancy

Let

Town

45888 Gelsenkirchen

Property description

Multi-family house with attached courtyard building in the Heßler district of Gelsenkirchen, in a simple residential location in the immediate vicinity of the A42 motorway. The three-storey main building with basement dates in its core from 1900 and was rebuilt in 1948; the one- to two-storey courtyard building originally served as a bakery with stabling.

The multi-family house comprises five flats of 40 to around 126 m², distributed across the ground floor, first and second upper floors, as well as two flats in the attic storey, which are currently let. The courtyard building with former bakery and storage areas is apparently owner-occupied, with the commercial operation having been closed and sealed by the authorities. The achievable market-standard annual gross income is around 43,138 €, while the actually agreed rents are significantly lower.

The structural condition is described as satisfactory with maintenance backlog in places and technical obsolescence, including the simple, outdated electrical installation and slight cracking on the façade. For buyers willing to undertake refurbishment, the rent increase reserve relative to the market-standard rent offers additional potential.

Klaava Pro

What Pro adds for this property

  • 4 findings from the appraisal
  • Valuation: Income approach, Property yield rate
  • 3 entries in section II, meaning encumbrances and restrictions
  • Timeline of modernisation work, with years
  • Energy: Heating type, Energy source
  • 3 more key facts
  • 18 more photos of this property
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Official property description

The court’s wording

Laut Wertgutachten handelt es sich um ein dreigeschossiges Mehrfamilienhaus samt Hofgebäude, Heßlerstraße 21, 45883 Gelsenkirchen, Ortsteil Heßler. Das Mehrfamilienhaus von ca. 1900 (leicht modernisiert) ist unterkellert und mit ausgebautem Dachgeschoss. Es besteht aus 5 Wohneinheiten:

1 Wohnung im Erdgeschoss (ca. 87 m² m groß),

1 Wohnung im 1. Obergeschoss (ca. 125 m² m groß),

1 Wohnung im 2. Obergeschoss (ca. 125 m² m groß),

2 Wohnungen im Dachgeschoss (jeweils ca. 60 m² groß),

welche vermietet sind (Stand Gutachten vom 31.01.2025).

Im dem Hofgebäude befindet sich eine Gewerbeeinheit (Bäckerei), welche wahrscheinlich eigengenutzt wird. Der Betrieb wurde am 10.10.2024 aus gewerblichen Gründen dauerhaft und zwangsweise geschlossen und versiegelt.

In der Nähe verläuft die Autobahn A42, sodass eine starke Immissionsbelastung herrscht. Der Zugang zum Gebäude ist nicht barrierefrei.

Die Erstellung des Gutachtens erfolgte überwiegend ohne Innenbesichtigung.

Es wird die Einsicht in das komplette Gutachten dringend angeraten!

English translation

According to the valuation report, this concerns a three-storey multi-family house together with courtyard building, Heßlerstraße 21, 45883 Gelsenkirchen, Heßler district. The multi-family house from ca. 1900 (lightly modernised) has a basement and a converted attic storey. It consists of 5 residential units:

1 flat on the ground floor (approx. 87 m² in size),

1 flat on the 1st upper floor (approx. 125 m² in size),

1 flat on the 2nd upper floor (approx. 125 m² in size),

2 flats in the attic storey (each approx. 60 m² in size),

which are let (as at the appraisal dated 31.01.2025).

The courtyard building houses a commercial unit (bakery), which is probably owner-occupied. The business was permanently and forcibly closed and sealed on 10.10.2024 for commercial reasons.

The A42 motorway runs nearby, so there is a significant noise and pollution burden. Access to the building is not barrier-free.

The appraisal was prepared predominantly without an interior inspection.

Inspection of the complete appraisal report is urgently recommended!

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

Building condition

Average

The appraiser rates the structural condition of the multi-family house as satisfactory, with maintenance backlog in places and occasional technical obsolescence.

Construction

Fenster überwiegend Kunststoff mit Isolierverglasung, Dachflächenfenster aus Holz.

Findings of the surveyor · 4 findings

  • Electrics
  • Plumbing
  • Interior fit-out
  • Facade

Read out of the market value report written by the court-appointed surveyor.