Multi-family house with courtyard building
Heßlerstraße 21, 45888 Gelsenkirchen, Nordrhein-Westfalen
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
Appraised value
€400,000
By comparison: 23% above the median appraised value of the 48 apartment buildings currently up for auction in North Rhine-Westphalia (€326,500).
At the first hearing: below €200,000 the court refuses the award; below €280,000 a creditor can apply to have it refused.
Auction date
19 January 2027 · 09:30
Local court
Auction venue
Amtsgericht Gelsenkirchen, Hauptgebäude, Bochumer Straße 79, 45886 Gelsenkirchen, Etage 2, Sitzungssaal 202
Case number
0005 K 0013/2024
Next steps
Tuesday, 12 January 2027
- €40,000 (10% of the appraised market value)
- By bank transfer (arriving before the auction) or as a cheque at the hearing (§ 69 ZVG)
Tuesday, 19 January 2027
- 09:30
- Amtsgericht Gelsenkirchen in Nordrhein-Westfalen
approx. March 2027
The court sets the deadline.
Documents
Official court records, free to download.
Auctia Pro reads them for you.
Via Auctia, because the portal blocks direct links.
The data comes from zvg-portal.de, the official portal of the German federal states.
Closing costs
Bid amount
State
North Rhine-Westphalia · transfer tax 6.5%
Total investment
€300,440
€280,000 purchase price + €20,440 closing costs
Not a cost: it counts towards your bid on award (§ 68 ZVG).
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.
Auctia 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
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.
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 Doppelverglasung, 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.
All information is given without warranty. The information shown was extracted automatically from official documents using AI and can be incomplete or wrong. Auctia 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.
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