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

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

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

Thanks to the compact layout, the apartment is ideal both for owner-occupiers and as an excellent investment. Particularly interesting is the possibility of renting it out as a shared apartment (WG) or as a furnished rental.

With a rental income of approximately €525 per room, a total cold rent of about €950 per month can be achieved. Given the offered purchase price of €199,000, this corresponds to a gross rental yield of around 5.75% per annum.

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 updates have already been carried out.

The building is currently managed by an owner, but professional property management is being sought or arranged for the future.

The sale is private and without any broker’s commission.

The apartment is located in the popular Stuttgart North, in immediate proximity to the Mittnachtstraße U-Bahn stop. This offers excellent public transport connections, making Stuttgart’s downtown as well as important work and university locations quickly accessible.

In the surrounding area, you will find shopping facilities, restaurants, cafés, and various service providers to cover daily needs. In addition, green spaces and recreational areas are within a short distance.

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

The apartment was extensively renovated and features the following amenities:

• New electrical wiring

• New water pipes

• New windows

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

• Air conditioning for summer

• A compact and well-utilized layout

• Ideally suited for shared apartment rentals (WG) or furnished rentals

Due to the extensive renovation work carried out, there is no immediate need for further refurbishment, allowing the apartment to be occupied or rented out immediately.