2 room condominium as an investment (rented)

Carefree investment in Kempten-West:
Modernized 2-room apartment with attractive yield potential

Brief information for a quick overview:
Area: approx. 41.29 m² living area + approx. 15 m² usable area (cellar/roof).
Rooms: 2 rooms, kitchen, modern bathroom.
Condition: Well maintained, modernization windows/bathroom in 2014.
Yield: approx. 3.35 % (after moderate rent adjustment).
Special feature: Rented for an indefinite period, very loyal tenant, no
parking space shortage.

Property description:
For sale is a solid condominium on the first floor of a well-kept apartment building (built in 1963) in Kempten. This property is an ideal opportunity for investors: it has been rented for over 10 years to an extremely reliable and loyal tenant who treats the apartment with great care and wants to stay in her home for the long term.

The apartment was extensively and partially modernized in 2014 (complete replacement of the windows with double glazing and a complete refurbishment of the bathroom). With an efficient layout of two bright rooms, a kitchen and a modern bathroom, the apartment offers an ideal living concept for singles or couples. The consistent south-facing orientation ensures light-flooded rooms and a direct view of the adjoining garden.

A spacious cellar compartment (approx. 10 m²) and a separate compartment in the attic (approx. 5 m²) offer additional storage space that goes far beyond the usual amount.

Yield & potential:
This property is particularly attractive for investors.

Rental history: The last rent adjustment was in 2021.
Yield opportunity: With a moderate rent adjustment to the current market
market level, a return on investment of approx. 3.35 % can be achieved.

Security: Long-term, non-terminated tenancy with an
excellent tenant structure.

Highlights at a glance:
Modernized: Windows and bathroom (with bathtub and
glass shower attachment) renewed in 2014.
Plenty of storage space: A total of approx. 15 m² of additional space in the cellar and
attic.
Sunny location: All living rooms face south.
Garden use: View of the greenery and shared use of the
community garden.

Parking: Sufficient general parking spaces available directly at the property.

Urban life in the west of Kempten

The apartment impresses with its excellent infrastructure. A life of "short distances" is guaranteed here:
Health & care: Pharmacy, physiotherapists, general practitioners and dentists as well as several supermarkets are within walking distance.

Leisure: The "Cambomare" leisure pool is located in the immediate vicinity.

Close to the center: Kempten city center is only a 15-minute walk away.

Connection: Best connection to the public transportation network.