Flat for sale 2 bedroom • 34 m² without real estateNordbahnhofstraße Stuttgart Nord Baden-Württemberg 70191

For sale is a fully gut-renovated 2-room apartment with approximately 34 m² of living space located in a central area of Stuttgart-Norden. The apartment has been comprehensively modernized and is in very well-maintained, contemporary condition.

As part of the core renovation, among other things, the electrical system, water pipes, windows, and the heating system were renewed. The apartment is heated by a modern air-to-air heat pump, which can also be used as an air conditioner in the summer.

Due to its compact layout, the apartment is ideally suited for owner-occupiers as well as an excellent investment property. Particularly interesting is the possibility of renting it out as a shared apartment or furnished rental.

At a rental rate of approximately €525 per room, a monthly cold rent of about €1,050 results, which corresponds to a gross rental yield of approximately 5.75% p.a. at the offered purchase price of €219,000.

The current monthly service charge is approximately €60. The building has reserves of around €30,000. Larger modernization measures are not currently planned, as many of the necessary works have already been carried out.

The management of the building is currently still organized by an owner. However, a professional property management is being sought or arranged for the future.

The sale is conducted privately and without any broker’s commission.

The apartment is located in the popular Stuttgart-Norden, in the immediate vicinity of the Mittnachtstraße U-Bahn station. This provides an excellent connection to public transportation, allowing quick access to Stuttgart’s downtown as well as important work and university locations.

In the surrounding area, there are shopping opportunities, restaurants, cafés, and various service offerings that cover everyday needs. Green areas and recreational facilities are also within easy reach.

The combination of a central location, good infrastructure, and excellent transportation connections makes this location very attractive both for owner-occupiers and tenants.

The apartment has been extensively core-renovated and comes with the following features:

• New electrical system

• New water pipes

• New windows

• Modern air-to-air heat pump (for heating and cooling)

• Air conditioning for the summer

• Compact and well-utilized layout

• Ideally suited for shared apartment rentals or furnished rentals

Due to the modernization measures carried out, there is no immediate need for further renovation, so the apartment can be occupied or rented out immediately.