Flat for sale 2 bedroom • 55 m² without real estateMagdeburg Altstadt Sachsen-Anhalt 39104

This rented 2-room apartment with 55 m² of living space is located on the second floor of a historical building from 1905 in Magdeburg-Stadtfeld Ost. It has been leased to the same tenant for five years and generates an annual net cold rent of €6,000. With a purchase price of €115,000, this results in a gross yield of 5.2%.

The floor plan includes two rooms, a kitchen, and a bathroom with a window and a shower tray. The floors are covered with vinyl, and heating is provided by a gas central heating system. A basement storage unit is part of the apartment. There is no elevator or balcony. The monthly service charge is €205.

Noteworthy for a building of its age is the energy value: 78.30 kWh/(m²a) according to the energy certificate based on demand, placing it in efficiency class C. This means moderate heating costs for the tenant and a low risk concerning additional operating cost settlements.

The current rent is €10 per square meter, which is slightly below the level currently achieved by comparable apartments in Stadtfeld Ost. This potential can realistically be increased, especially with a tenant change. For those considering the apartment as a long-term investment, it offers a stable existing rental income with room for improvement.

Stadtfeld Ost is one of the most sought-after residential areas in Magdeburg: closed Gründerzeit (late 19th-century) buildings, short distances to the city center, local amenities, doctors, schools, and kindergartens in the neighborhood, and good connections via tram and bus. The demand for small apartments is consistently high, and vacancy is rarely an issue.

Stadtfeld Ost is among the most desirable residential areas in Magdeburg. The district is characterized by closely built Gründerzeit architecture, with the city center reachable in just a few minutes. Daily necessities such as shops, bakeries, and supermarkets are within walking distance, and there are schools and kindergartens available. The public transport connections via tram and bus are good. For investors, the decisive factor is that the demand for small apartments in this district is consistently high, and vacancies are rarely a concern.

+++ 2 rooms, 55 m², historical building from 1905

+++ Leased for five years, €6,000 annual net cold rent

+++ 5.2% gross yield at a purchase price of €115,000

+++ Central heating, gas, Efficiency Class C (78.30 kWh/m²a)

+++ Bathroom with window and shower tray

+++ Basement storage unit

+++ Second floor

+++ Monthly service charge of €205