Furnished apartment with balcony, available without agency fees, located in the Heusteig district.

This fully furnished and well-designed 1-bedroom apartment is located on the 2nd floor of a well-maintained apartment building in the desirable Heusteig district of Stuttgart-South and is currently reliably rented. With a monthly cold rent of €830, it offers immediate income and is therefore ideal as a straightforward investment property. At the same time, the attractive location, the well-thought-out layout, and the existing balcony also offer interesting possibilities for future personal use. A special highlight is the exclusive right of use associated with the apartment for a spacious, ground-level tandem garage. This garage is currently rented separately and generates additional rental income of €220 per month. The apartment is linked to the exclusive right of use for the garage, which means that it will be acquired as part of the sale for an additional €49,000. This offers a rare combination of potential for personal use and additional investment potential. Current rental income and gross rental yield: The apartment generates €830 per month in cold rent (4.8% gross rental yield), and the garage generates €220 per month (5.4% gross rental yield). Together, this amounts to €1,050 per month, or €12,600 per year in cold rent. Based on the total purchase price of €258,000, this corresponds to a gross rental yield of just under 5%. Of the €174 per month in service charges, €42 is not deductible.

Prime Location: Situated in the trendy southern district of Stuttgart, in the Heusteig neighborhood.
Transportation: Approximately 100 meters to the "Österreichischer Platz" tram stop.
Shopping: About 200 meters to the "Gerber" shopping center; all essential shops are within a few minutes' walk.
Leisure: Numerous bars and restaurants nearby, including the "Espressobar Herberts," the "Café Zimt & Zucker," and the Swabian restaurant "Das Lehen." A few minutes' walk to Marienplatz and Königstraße.