Rented 2-room investment property in Stadtfeld. 5% depreciation and good rental yield.

This rented 2-room apartment, with 55 square meters of living space, is located on the 2nd floor of an old building from 1905 in Magdeburg-Stadtfeld Ost. It has been rented to the same tenant for five years and generates a net annual rent of €6,000. With a purchase price of €115,000, this corresponds to a gross yield of 5.2%. The layout includes two rooms, a kitchen, and a bathroom with a window and shower. The floors are covered with vinyl, and heating is provided by a central gas heating system. The apartment includes a storage room in the basement. There is no elevator or balcony. The monthly maintenance fee is €205. Notably, for an old building of this age, the energy performance is good: 78.30 kWh/(m²a) according to the energy performance certificate, efficiency class C. This means moderate heating costs for the tenant and a low risk of unexpected utility bills. The current rent is €10 per square meter, which is slightly below the level currently achieved for comparable apartments in Stadtfeld Ost. This potential can be realistically increased, especially with a change of tenant. For those considering the apartment as a long-term investment, this offers a stable existing rental income with potential for growth. Stadtfeld Ost is one of the most sought-after residential areas in Magdeburg: a cohesive historic building style, short distances to the city center, local amenities, doctors, schools, and kindergartens in the neighborhood, and good connections to trams and buses. The demand for small apartments is consistently high, and vacancy rates are rarely an issue.

Stadtfeld Ost is one of the most sought-after residential areas in Magdeburg. The district is characterized by its cohesive, late 19th-century architecture, and the city center is easily accessible within a few minutes. Shops for everyday needs, bakeries, and supermarkets are all within walking distance, and there are schools and kindergartens available. Public transportation links via tram and bus are good. Crucially for investors, the demand for small apartments in this area is consistently high, and vacancy rates are rarely a concern.