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City center investment | Renovated | 5% net yield | Flexible usage.

Rinderbacher Gasse 47, 73525 Schwäbisch Gmünd – Baden-Württemberg
258.000 €
6
Room
105 m²
Living Area
57 m²
Plot Area
Private offer
House
Single-family house

This property is suitable for:
- Student shared accommodation (WG)
- Apprentice shared accommodation (WG)
- Accommodation for travelling workers
- Living and working
- Partial commercial use
- Traditional rental
- Commercial building

Total rent:
= €1,480 per month
= €17,760 per year

Utility costs:
Electricity: €112/month
Water: €49/month
Gas: €76/month
= €237/month
= €2,844/year

Additional annual costs:
Property tax: €111.03
Chimney sweep: €126.21
Building insurance: €591.61
Stormwater drainage: €15.12
= €843.97 per year

Maintenance reserve:
The property has been extensively renovated:
- New roof
- Insulation
- Windows
- Electrical system
- Water pipes
- Gas heating system
- Modernization of sanitary facilities
Therefore, there is currently no urgent need for renovation. However, for a conservative investment calculation, a reserve of approximately €1,600 per year has been allocated. This corresponds to approximately €15/m² per year.

Yield:
Gross yield:
= 6.88%
Net yield (after operating costs and reserve):
= 5.0%

Investment conclusion:
This property combines:
- Solid yield
- Central location
- Proven rental potential
- Low investment requirements
- Flexible usage options.

It represents an interesting opportunity, especially for investors focused on:
- Shared accommodation (WG), accommodation for travelling workers
- Cash flow
- Micro-living
- Or buy-and-hold strategies.

Are you interested in this house?

Object Number
OM-391276
Object Class
House
Object Type
Single-family house
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
258.000 €
Purchase additional costs
approx. 16,675 €
Total costs
approx. 274,674 €

Breakdown of Costs

Purchase price 258.000 €
Real estate transfer tax 12,900 € (5.00%)
Notary costs 2,487 € (0.96%)
Land register entry 1,288 € (0.50%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,001€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.82%

Details

Condition
Rehabilitated
Heating
Central heating
Equipment
Shower bath, Fitted kitchen, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

For sale is a charming property with 105 square meters of living space spread over three floors, which can be used as both a residential and commercial building. The property is located in a central location, in the heart of the old town of Schwäbisch Gmünd, and offers numerous possibilities for use. The house was built around 1917 and is not a listed building. (2.5% depreciation per year).

- Complete renovation in 2010: New roof, insulation on the roof, new windows, new facade with 10 cm of thermal insulation.
- New electrical system, including network cabling in every room.
- New flooring: Concrete floor slab in the ground floor with Styrodur insulation.
- Gas heating system and new radiators.
- New water pipes.
- Modernization in 2015/2016: Completely renovated bathroom and 2 separate toilets.
- 6 rooms on 3 floors – flexible usage options.
- The property does not have a parking space, a garden, or a balcony.

Location

Thanks to its excellent location in the old town of Schwäbisch Gmünd, shops, restaurants, and public transportation are all within easy reach.

Schwäbisch Gmünd has several universities and educational institutions:

- Pedagogical University of Schwäbisch Gmünd
- University of Design (HfG)

These institutions create a constant demand for:

- Shared student apartments (WG-Zimmer)
- Affordable housing
- Central, small apartments
- Student housing

Ideal as an investment property!

Arrange a viewing appointment today and see for yourself the quality and potential of this property!

The property is located in a vibrant area of Schwäbisch Gmünd. Several bus lines are nearby. Within walking distance, you'll find several doctors' offices, cafes, restaurants, bakeries, and shopping centers. Also easily accessible are fashion stores, green spaces and parks, bars, gyms, and bookstores.

Location Check

Eating Out
50m
Shopping
150m
Sports
200m
Nature
100m
Culture
100m
Health
100m
Child Friendliness
150m
Public Transport
150m
Nightlife
50m

Energy

Main energy source
Gas

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

Send a message directly to the seller

Questions about this house? Show interest or arrange a viewing appointment?

Click here to send a message to the provider:

Offer from: Herr Walter