PRIME LOCATION IN ESSLINGEN – FOR PERSONAL USE OR AS AN INVESTMENT PROPERTY (NO COMMISSION).

PRIME LOCATION IN ESSLINGEN – FOR PERSONAL USE OR AS A STUDENT APARTMENT INVESTMENT (NO COMMISSION)
Central 3-room apartment with flexible use and reliable rental potential.
RECENTLY MODERNIZED with a new fitted kitchen (2025).
## KEY FACTS
---------------
+ Immediately available – flexible use
+ 3-room apartment (approx. 54 m²)
+ Successfully rented as a 3-person shared apartment from 2013 to 2024
+ Approx. 5.5% gross yield / €12,660 annual cold rent income + Very low running costs (service charges only €140)
+ Heating system replaced (2013)
+ Small, well-managed building with only 4 units
+ Purchase price: €240,000
+ No commission / directly from the owner
## USES
---------------
+ PERSONAL USE
+ Immediately available
+ Ideal city center location
+ Efficient layout
+ INVESTMENT
+ Proven shared apartment concept over many years
+ Most recently €12,660 annual cold rent + stable demand for shared apartment rooms
## DESCRIPTION
---------------
+ Successfully rented as a 3-person shared apartment from 2013 to 2024 (stable rental income)
+ Subsequently modernized and used by the owner
+ Well-maintained condition with no immediate need for investment. + Functional layout with 3 separate rooms.
+ Ideal for re-renting as student accommodation or for personal use.
+ Available immediately.
+ Combination of central location and very low running costs.
+ Attractive for investors and owner-occupiers.
+ Option to take over the existing student accommodation concept/furniture for an additional cost (approx. 3,000 EUR).

## BUILDING / APARTMENT
---------------
+ Small, well-managed apartment building with only 4 units.
+ Built in approximately 1956 (well-maintained condition).
+ Gas central heating (installed in 2013).
+ Regularly maintained.
+ Apartment renovated in 2024 (including a new fitted kitchen).
+ Well-maintained overall condition due to owner-occupation.
+ Functional layout with 3 separate rooms.
+ Very low running costs.
+ Service charges only approximately 140 EUR per month.

## LOCATION
---------------
+ Prime location in the Esslingen old town.
+ Central, yet pleasant residential area.
+ Excellent infrastructure and transport links.
+ Esslingen (Neckar) S-Bahn station.
+ Esslingen bus station.
+ Shops and supermarkets.
+ Restaurants and the old town.
+ Esslingen University of Applied Sciences.
+ Neckar riverbank and green spaces. ## INVESTMENT
---------------
+ Solid return on a compact property.
+ Low operating costs, providing a return advantage.
+ Remaining useful life assessment available (22 years).
+ Increased tax depreciation for investors, at a rate of 4.5% per year.

## TRANSACTION DETAILS
---------------
+ Sale directly from the owner (no commission).
+ Rental agreements available.
+ Viewings can be arranged flexibly.

## CONCLUSION
---------------
Fle­xible apartment in a prime location – suitable for owner-occupiers or as a proven investment property for student housing.
>>> NO COMMISSION / FOR OWNER-OCCUPANCY OR STUDENT HOUSING / AVAILABLE IMMEDIATELY <<<
PURCHASE PRICE: 240,000 EUR

Prime location in the historic center of Esslingen. A central yet pleasant residential area with excellent infrastructure and easy access to the city center and Stuttgart.

Within walking distance:

+ Esslingen (Neckar) S-Bahn station
+ Esslingen bus station
+ A wide range of shops and supermarkets
+ Restaurants, cafes, and the old town
+ Esslingen University of Applied Sciences
+ Neckar River bank / Green spaces