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Completely renovated 3-room apartment with balcony in the Mannheim Quadraten - 6.0% yield possible

68159 Mannheim – Baden-Württemberg
239.000 €
3
Room
60 m²
Living Area
Private offer
Apartment

The apartment on offer is located in a well-maintained apartment building in the Mannheim squares and impresses with a functional floor plan, a quiet orientation and an overall very good, extensively renovated condition.

The approx. 60 m² 3-room apartment is located on one of the upper floors and has three well-designed rooms, a separate kitchen, a bathroom and a covered loggia. Two of the rooms face the quiet side street, while another room looks out onto the inner courtyard, creating a pleasant and balanced living atmosphere.

Extensive work was carried out inside the apartment as part of the renovation. Among other things, the entire electrical system was renewed (wiring, sockets, switches, fuse box), all walls were repapered and repainted and the ceilings in the kitchen, hallway and bathroom were suspended. The bathroom was fitted with LED ceiling spotlights and a new shower fitting. The existing doors were repainted.
All rooms have wooden shutters, allowing the apartment to be completely darkened if required.

The kitchen is included in the purchase price, is functionally equipped and is in a well-kept condition. The bathroom is timeless and clean, with no need for modernization in the short term. Overall, the apartment gives an immediately usable, well-kept impression without the need for short-term investment.

The monthly house fee is currently € 191, of which € 112 is apportionable. A cellar room also belongs to the apartment. The house is professionally managed and is in good overall condition.

An underground parking space can be rented separately from the property management. There is also good and free parking in the quiet side street.

The apartment is currently vacant and therefore offers maximum flexibility. It is suitable for both owner-occupiers and investors.
Due to the floor plan, the condition and the location in the Mannheim squares, the property is particularly suitable as an investment - with appropriate use, a gross yield of approx. 6 % is possible.

See this attractive apartment for yourself during a personal viewing.

Are you interested in this apartment?

Object Number
OM-419211
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
239.000 €
Purchase additional costs
approx. 15,615 €
Total costs
approx. 254,615 €

Breakdown of Costs

Purchase price 239.000 €
Real estate transfer tax 11,950 € (5.00%)
Notary costs 2,428 € (1.02%)
Land register entry 1,238 € (0.52%)
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: 927€

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
Renovated
Number of floors
5
Level
3rd floor
Usable area
5 m²
Bathrooms (number)
1
Bedrooms (number)
2
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1950
Equipment
Balcony, Basement, Elevator, Full bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

The apartment is located in Quadrat G7, one of the most central and sought-after locations in Mannheim. The Mannheim squares stand for short distances, an excellent infrastructure and an urban living environment with a high quality of life.

The city center with its numerous shopping facilities, restaurants, cafés and cultural offerings is within walking distance. Jungbusch, Mannheim's well-known trendy and creative district with a wide range of restaurants and nightlife options, is also in the immediate vicinity.

Mannheim University and the main train station are also a short distance away and can be easily reached on foot, by bike or by public transport. The excellent public transport connections also enable quick connections to all parts of Mannheim and the surrounding cities in the Rhine-Neckar metropolitan region.

There are also numerous kindergartens, schools and secondary educational institutions in the immediate vicinity, making the location attractive for both owner-occupiers and investors.

Despite its central location, the apartment itself is quiet, as it is partially oriented towards the side street and the inner courtyard. This combination of an urban city centre location and pleasant residential tranquillity makes the location particularly special.

Location Check

Eating Out
Shopping
Nightlife
Culture
Sports
Health
Public Transport
Child Friendliness
Nature

Energy

0 50 100 150 200 250 300 350 400 ≥450
Energy certificate type
Consumption certificate
Main energy source
District heating
Energy consumption value
150.90 kWh/(m²a)
Energy consumption for hot water included

Miscellaneous

The sale is free of commission directly from the owner.

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

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Offer from: Daniel Engraf