Available immediately: Refurbished, furnished 1-room apartment with balcony in prime Mannheim location

I am pleased to offer you this fully furnished and renovated 1-room apartment on the 5th floor of a well-kept apartment building with elevator in the sought-after Augustaanlage 42 (Mannheim-Oststadt) for sale.

The apartment not only impresses with its excellent micro-location, but also with its well thought-out furnishings, solid construction and the direct rental potential of approx. 700 € cold rent per month - with immediate effect if required.

Extensive refurbishment work has been carried out in the apartment:
- New bathroom incl. pipes
- New gas boiler
- New electrics including FI, switches and sockets
- New interior doors & new apartment entrance door
- New flooring (high-quality adhesive vinyl flooring with footfall sound insulation)
- Freshly wallpapered and painted walls
- New fitted kitchen incl. fridge

Upon entering the apartment, you are greeted by a well-kept hallway with direct access to the combined living/sleeping area.
The entire furnishing incl. fitted kitchen was newly purchased and is included in the purchase price - it enables immediate rental or own use without further effort.

Instead of a classic bed, there is an extendable frame that can be used both as a sofa (80 x 200 cm) and as a full-size bed (160 × 200 cm) - perfect for maximum flexibility and comfort in a compact space.
The furnishings are complemented by an open dining area with table and chairs, a desk, a closet, shelves and a chest of drawers.
A new fitted kitchen including an integrated fridge and portable induction hob has also been installed.

The newly renovated bathroom is brightly tiled and equipped with a shower, WC and washbasin. It also has a washing machine connection, including a washing machine, so that the household can be run completely independently.

The balcony is a real highlight: it offers an unobstructed view of the green, beautifully landscaped Augusta complex and even a slight view of the water tower - a rare advantage in this location.

Particularly interesting for investors:
🔑 Cold rent potential: approx. 700 €/month
💰 Annual net rent: approx. 8,400 €
📊 Gross yield: approx. 5.79%
📌 Buyer's commission: not applicable (commission-free)
📄 House rent: €167/month according to the current economic plan, of which
- 105€ apportionable
- 40€ not apportionable
- 22€ allocation to the maintenance reserve

I would be happy to assist you with the letting if you wish - for a smooth, stress-free investment.

Conclusion:
Ma­nnheim's Oststadt - Augustaanlage 42: An opportunity that rarely comes along. Refurbished, newly furnished, highly rentable and in a prime location - an ideal investment for investors or owner-occupiers with high standards.

📩 Have I piqued your interest?
I would be happy to send you a full exposé with pictures and floor plan or arrange a viewing appointment with you. Please send me your full contact details.

The property is located in a prime residential area of Mannheim and is very centrally located. The city center and the water tower can be reached on foot in 12 minutes. The nearest bus stop is only 2 minutes away and the nearest streetcar stop is 5 minutes away on foot.