Completely renovated 2-room apartment in northern Stuttgart – ideal as an investment property (yield of 5.75%).

For sale is a completely renovated 2-room apartment with approximately 34 square meters of living space, located in a central area of northern Stuttgart. The apartment has been extensively modernized and is in excellent, contemporary condition. As part of the comprehensive renovation, the electrical system, plumbing, windows, and heating system were all replaced. The apartment is heated by a modern air-to-air heat pump, which can also be used as an air conditioning system in the summer. Due to its compact layout, the apartment is suitable for both owner-occupiers and as an investment property. A particularly interesting option is renting it out to students or as a furnished rental. Renting out the apartment for approximately €525 per room would result in a monthly gross rent of about €1,050, which, at the asking price of €219,000, corresponds to a gross rental yield of approximately 5.75% per year. The current monthly service charges are approximately €60. There are reserves of approximately €30,000 for the building. No major renovation projects are currently planned, as many improvements have already been made. Currently, the building is still managed by one of the owners. However, a professional property management company is being sought and established for the future. The sale is private and without any real estate agent commission.

The apartment is located in the popular northern part of Stuttgart, very close to the Mittnachtstraße subway station. This provides excellent access to public transportation, making it quick and easy to reach Stuttgart's city center as well as important business and educational institutions.

The surrounding area offers a variety of shops, restaurants, cafes, and service providers to meet daily needs. Parks and recreational areas are also within easy reach.

The combination of a central location, excellent infrastructure, and superb transportation links makes this location very attractive, both for owner-occupiers and for renters.