9% gross rental yield – 42 m² apartment – new kitchen & new bathroom – fully furnished.

Property Description:

For sale is a well-maintained and already rented apartment with approximately 42 square meters of living space, located on Eschenweg in 38667 Bad Harzburg. The apartment is situated on the 2nd floor of a multi-family building and is presented in a very clean and well-maintained condition. It consists of a living/bedroom, a separate kitchen, a spacious hallway, and a bathroom with a shower and toilet. The kitchen and bathroom have been renovated, giving the apartment a modern and well-maintained overall impression. A special feature of the living/bedroom area is the cozy bunk beds, which make very efficient use of the available space. In addition, there is a high-quality and sturdy sofa bed with a steel frame, which is also suitable for regular use as a sleeping space. The separate kitchen is already comprehensively equipped for self-catering. Thus, despite its compact size, the apartment offers everything needed for daily living. The apartment is currently rented and is therefore particularly suitable as an investment property. Features:
The apartment includes:
- A renovated kitchen with a stove/hob and oven
- Refrigerator
- Kettle and coffee machine
- Pots, plates, and other kitchen utensils
- A renovated bathroom with a shower and toilet
- Comfortable bunk beds
- A sturdy sofa bed with a steel frame
- Sofa
- Shelves and storage space
- A spacious hallway
- Bicycle storage/parking area in the basement
The existing amenities allow for the apartment to be used without significant additional furnishing costs.

Rental & Investment:
The apartment is currently rented. The monthly base rent is €450, equivalent to an annual base rent of €5,400. The current gross rent is €640 per month. Based on a purchase price of €70,000 and the current base rent, the calculated gross rental yield is approximately 7.7%. This means the purchase price is roughly 13 times the current annual base rent. The monthly service charges (Hausgeld) are currently €171. In addition, a prepayment of €130 per month is made for heating and hot water costs.

The apartment is located on Eschenweg in 38667 Bad Harzburg.
Bad Harzburg offers an excellent starting point for numerous leisure activities and excursions in the Harz region. From the apartment, day trips can be easily undertaken by bicycle, bus, or car.
A bus stop is located just about a 5-minute walk from the front door, providing connections to destinations such as Braunlage.
Especially convenient for cyclists: In the basement of the building, there is space to store and lock a bicycle.
Due to its location in Bad Harzburg and its proximity to the leisure activities of the Harz region, the apartment is suitable both as a long-term investment and potentially for various uses in the future.
Energy Performance Certificate
An energy performance certificate is available for the building. According to the certificate, the building was constructed in 1971. The main energy sources are natural gas (L) and heating oil. The energy performance certificate is valid until September 6, 2028.
The stated final energy consumption is 119 kWh/(m²·a), and the primary energy consumption is 131 kWh/(m²·a). The building is classified in energy efficiency class D.