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No fees, >5.5% yield, 4-bedroom shared apartment.

Luisenstraße 85, 76137 Karlsruhe (Südstadt) – Baden-Württemberg
389.000 €
4
Room
84 m²
Living Area
Private offer
Apartment
Ground floor apartment

Commission-free: Newly renovated and fully furnished 4-room apartment with a balcony – prepared for rental to a shared living arrangement (WG). This newly renovated apartment, located at Luisenstraße 85 in Karlsruhe, offers approximately 84 square meters of living space with four separate rooms and a balcony. The apartment is offered fully furnished and ready for occupancy. This opens up a variety of possibilities for both investors and those looking to live in the property themselves. The thoughtfully designed interior is geared towards use as a shared living space: all four rooms are equipped with a bed, desk, chair, wardrobe, and decorations. The separate access to each room allows for a clear distinction between private rooms and communal areas. The kitchen and bathroom complement the living space, and the balcony offers additional outdoor space. During the recent renovation, extensive painting work was carried out, and the apartment was newly furnished. Buyers will acquire a fully furnished apartment, saving them the effort and expense of sourcing and furnishing the rooms themselves. This concept also offers an interesting opportunity for parents looking for living space for their student child and who wish to rent out additional rooms. The potential rental income for the furnished single rooms is estimated at approximately €1,800 per month in cold rent, including furniture. This equates to an annual target cold rent of approximately €21,600. This is based on the seller's current rentals of similar shared accommodation apartments. If desired, the apartment can be sold with the option to rent it out at this cold rent. The building dates from 1954. Heating is provided by a gas-fired central heating system. The stated final energy consumption is approximately 158 kWh/(m²·a), and the energy efficiency class is E. The monthly service charges are currently approximately €180. According to the owner, approximately €100 of this is for expenses that can be passed on to the tenants, and approximately €80 is for non-pass-on expenses, including contributions to a reserve fund. To the best of the owner's knowledge, there are currently no planned measures for the homeowners' association. Here are the key features:
* Approximately 84 m² of living space with four separately accessible rooms
* Newly renovated and newly furnished. Each room is fully furnished as a living and working space.
Balcony.
Available immediately and prepared for shared living.
Flexible use for investors, parents, and owner-occupiers.
Best of all: No commission, direct from the owner, and the furniture and fitted kitchen can be separately identified for tax optimization purposes. If you are interested, we would be happy to provide you with further documentation and arrange a personal viewing.

Are you interested in this apartment?

Object Number
OM-505052
Object Class
Apartment
Object Type
Ground floor apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
389.000 €
Purchase additional costs
approx. 24,821 €
Total costs
approx. 413,820 €
HOA fee
180 €

Breakdown of Costs

Purchase price 389.000 €
Real estate transfer tax 19,450 € (5.00%)
Notary costs 3,558 € (0.91%)
Land register entry 1,813 € (0.47%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,634€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.30%

Details

Condition
Well-kept
Level
Ground floor
Bathrooms (number)
1
Bedrooms (number)
4
Flooring
Other (see text)
Heating
Floor heating
Year of construction
1954
Equipment
Balcony, Basement, Fitted kitchen

Location

Location: South City, close to the city center – an attractive starting point for studies and city life.

The apartment is located at Luisenstraße 85 in the South City district of Karlsruhe. This vibrant neighborhood combines city-center living with a wide range of shopping, dining, and leisure options. A particular advantage of the location is its proximity to the South Campus of the Karlsruhe Institute of Technology (KIT). The university campus is easily accessible by bike – a practical advantage for students who want to organize their daily lives flexibly between lectures, the library, and leisure activities. Other university locations are also within reach as potential study destinations: the Hochschule für Musik am Schloss Gottesaue (music school), the Hochschule für Gestaltung (HfG) (design school) on Lorenzstraße, and the Hochschule Karlsruhe (HKA) on Moltkestraße. Depending on the location, cycling or public transport are suitable options for the daily commute. This makes the apartment attractive to students from various disciplines. Around Werderplatz, shops, cafes, restaurants, and cultural attractions characterize the area. The nearby city center complements the offerings with further shopping and entertainment options. This allows for a good balance between studies, daily errands, and leisure activities. Together with the four separately accessible, fully furnished rooms, the location provides an attractive basis for a student shared living arrangement. The apartment is also an interesting option for parents who want to purchase living space for their student child and rent out the remaining rooms.

Location Check

Nearest places
Nearest places

Energy

Final energy consumption
158.11 kWh/(m²a)
Energy efficiency class
E
Energy certificate type
Consumption certificate
Main energy source
Gas

PDF

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Christian K