Flat for sale 2 bedroom • 68 m² without real estateSauerbruchstraße 29 Bayreuth Bayreuth Bayern 95447

For sale is a newly rented 2-room condominium located at Sauerbruchstraße 29, 95447 Bayreuth. The apartment is situated on the first floor of a well-maintained multi-family building with a total of 12 units and offers approximately 67–68 m² of living space. The building was constructed in 1971.

The apartment has been rented since January 1, 2026. The current cold rent is €890 per month, with an indexed lease agreement in place. This means that from day one, the property provides the buyer with a steady income stream and the opportunity for future rent adjustments in line with the indexation.

Before the new rental, the apartment was renovated. A new vinyl floor was installed and a new kitchen was fitted out. The bathroom was completely renovated in 2023. Additionally, the windows were replaced in 2015 and are double-glazed.

The layout is practical and highly rentable: a spacious living room with access to the loggia, a separate bedroom, a kitchen with a dining area, and a bathroom. The offering is complemented by a parking space directly at the building and a basement storage unit. The floor plan in the brochure clearly shows the classic and attractive layout of the 2-room apartment with a loggia.

Yield / Investment

The apartment is clearly interesting as an investment property. With a monthly cold rent of €890, the annual net cold rent comes to €10,680. Calculating the purchase price on a gross yield of 4.5% yields an approximate value of around €237,300.

Thus, the property is suitable for buyers who are looking for an already rented apartment without an initial vacancy risk.

Especially interesting is the tax aspect: A report on the remaining useful life of 16 years is available for the apartment. As a result – depending on tax recognition, the division between building and land value, and the buyer’s personal tax situation – there may be an increased depreciation potential on the building component. This can further improve the after-tax yield.

The apartment is located in the Bayreuth district of Meyernberg. The location offers a good combination of peaceful living and practical everyday infrastructure. Shopping facilities, a kindergarten, a school, and city bus connections can be found in the surrounding area. From a landlord’s perspective, this is also a solid location with good rental prospects.

• Approximately 67 m² of living space

• 2 rooms

• 1st floor

• Loggia / Balcony

• New kitchen

• New vinyl flooring

• Modernized bathroom

• Double-glazed plastic windows

• Parking space

• Basement storage unit

• Well-maintained multi-family building with 12 units