Immediately available: Renovated, furnished one-bedroom apartment with a balcony, located in a prime area of Mannheim.

I am pleased to offer this fully equipped and renovated 1-room apartment for sale. It is located on the 1st floor of a well-maintained apartment building with an elevator, at the desirable address of Augustaanlage 40 (Mannheim-Oststadt). The apartment not only benefits from its excellent location, but also from its thoughtful design, solid construction, and the potential for direct rental income of approximately €750 per month (cold rent), which can be realized immediately if desired. Extensive renovation work has been carried out in the apartment:
- New electrical wiring, including RCD (residual current device), switches, and sockets.
- New flooring (high-quality click vinyl flooring).
- Freshly wallpapered and painted walls, smooth plastered ceiling.
- New fitted kitchen, including appliances.
- New bathroom fixtures, sink, new ceiling with LED spotlights, etc. Upon entering the apartment, you are greeted by a well-maintained hallway with direct access to the combined living/sleeping area. All furniture, including the fitted kitchen, has been newly purchased and is included in the purchase price, allowing for immediate rental or personal use without further effort. The apartment features a large 120x200 bed, equipped with a 9-zone cold foam mattress, and is conveniently located in a separate alcove. Other furnishings include a pull-out sofa bed, a dining area with a table and chairs, a coffee table, a desk, a chest of drawers, a shelf, a wardrobe, and balcony furniture. A new fitted kitchen has been installed, including a nearly new refrigerator and a portable induction cooktop. The kitchen also has an integrated washing machine, allowing for complete self-sufficiency in household tasks. The renovated bathroom is brightly tiled and features a shower, toilet, and sink. A real highlight is the balcony, which offers an unobstructed view of the beautiful Augustaanlage park – a rare advantage in this location.

Especially interesting for investors:
🔑 Potential for cold rent: approximately €750 per month.
💰 Annual net rent: approximately €9,000.
📊 Gross yield: approximately 5.92%.
📌 Buyer's commission: waived (no commission).
📄 Monthly service charges: €186, of which:
– €118 are eligible for reimbursement.
– €43 are not eligible for reimbursement.
– €25 are allocated to the maintenance reserve fund. I would be happy to assist you with the rental process if you wish, to ensure a smooth and stress-free investment. In conclusion:
The Oststadt district of Mannheim – Augustaanlage 40: A rare opportunity. Renovated, newly furnished, ideally suited for renting, and in a prime location – an ideal investment for property investors or discerning owner-occupiers. 📩 Has this sparked your interest? I would be happy to send you a complete property brochure with pictures and floor plans, or to arrange a viewing appointment. Please send me your complete contact details.

The property is located in Mannheim's prime residential area and enjoys a very central location. The city center and the water tower are both within a 12-minute walk. The nearest bus stop is just a 2-minute walk away, and the nearest tram stop is a 5-minute walk.