RENT-FREE | 4.7% gross yield | First occupancy after complete renovation | immediately rentable.

This high-quality renovated 2-room apartment, located on the first floor of a well-maintained apartment building, presents an attractive opportunity for investors. The apartment is being sold directly by the owner, without commission, and is ideally suited for rental due to its move-in ready condition, its desirable size, and its barrier-free access. During the complete renovation, the bathroom, floors, walls, ceilings, interior doors, radiators, valves, and electrical panel were all renewed. This eliminates any immediate renovation costs for the buyer. The bright living area with floor-to-ceiling windows creates a pleasant living atmosphere. A particular highlight is the large, covered balcony with a view of greenery, which further enhances the appeal of the apartment. A private storage room in the basement and a parking space complete the offering. Thanks to its barrier-free access and two elevators, the property appeals to a wide range of potential tenants and offers excellent rental prospects in the long term. With a realistic achievable cold rent of approximately €880 per month for the apartment, plus approximately... The parking space costs €35, resulting in a total monthly base rent of approximately €915. The achievable base rent can be confirmed by comparing it to similar rentals in the identical building next door. Here are the key figures:
• Purchase price: €235,000
• Base rent for the apartment: approximately €880 / month
• Base rent for the parking space: approximately €35 / month
• Total base rent: approximately €915 / month
• Annual base rent: approximately €10,980
• Gross rental yield: approximately 4.67%
• Total building service charges: €297 / month
• Of which are pass-through charges: €205 / month
• Of which are non-pass-through charges: €92 / month

The combination of renovated building, solid rental potential, barrier-free access, elevator, balcony, and parking space makes this apartment an interesting investment property with sustainable rental potential.

The apartment is located on the western edge of Neuhofen, in close proximity to the "Steinerne Brücke" swimming lake and the adjacent recreational area. The location offers a peaceful living environment combined with excellent infrastructure and convenient transportation links.

The B9 highway provides quick connections to Ludwigshafen, Mannheim, and Speyer. A bus stop is located just a few minutes' walk away, offering further convenient access to public transportation.

Numerous amenities for daily needs are easily accessible. In the surrounding area, you will find bakeries, supermarkets, a post office, a bank, a gas station, a fitness studio, and other shopping options. There are also doctors, kindergartens, and a primary school in the vicinity.