1 Bedroom Investment Property in Popular Location

€ 150,000

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Property Specification

Ref: BB392
Price per m²: €2,679
Size: 56m²
Bedrooms: 1
Bathrooms: 1
Type: Apartment
Status: Tenanted
Rent Yield: 2.79%
Year Built: 1950

1 Bedroom Apartment in Zehlendorf

Description

This beautiful, well-designed 1 Bedroom apartment with approx. 56.20m2 of living space is in a very well maintained residential complex from the 50´s in Brettnacher Straße, which is aligned in the green inner courtyard. The rooms are accessed via a spacious staircase with granite flooring. The rooms are located on the courtyard side and offer a unique view into the green, spacious inner courtyard. This gives the impression that one is in a garden oasis. The rooms are north-east oriented. All rooms are decorated with a beautiful bright laminate in wood look and nicely decorated. The kitchen floor is designed in granite look and tiled in the cooking area. Furthermore, the apartment has a fitted kitchen. The bathroom has a bathtub and is provided with bright tiles. Both rooms can be accessed separately. The spacious hallway offers enough space for the implementation of a practical wardrobe concept. The living room offers plenty of light and access to the balcony. In the apartment there are wooden double box and wooden composite windows. The entire residential complex is centrally heated by district heating and supplied with hot water and have cable connection. This property is a solid investment with a 2.57% yield. The apartment is rented long-term since 2011 and is handled by the current tenants carefully and always well-repaired. The net rent is 349€ per month. The monthly operating costs consist of heating costs/hot water prepayment and prepayment to other operating costs borne by the tenant. The amount of these additional costs is 121€. The money is currently 199.90€ including maintenance deposit. In the medium term, there might be a possibility of self-use or new lettings.

About Zehlendorf, Berlin

This solid investment is located in a very quiet location in the heart of Zehlendorf with excellent public transport connections. The S-Bahn line S1 (Sundhauer Straße Station) is only a few minutes walk away. There is also a well-developed infrastructure through other bus lines. In the immediate vicinity is the entrance to the City Highway via Schloßstraße.   Close to the apartment are numerous shopping opportunities. Various grocery stores are located in a few minutes. The famous shopping street Schloßstraße, with its cozy cafes, restaurants, numerous fashion shops, offers a variety of opportunities for shopping and dining. The botanical garden, the Kumme Lanke and the Schlachtensee are absolutely popular destinations for excursions and recreation.