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 historic 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. At a purchase price of €115,000, this corresponds to a gross yield of 5.2%.

The floor plan comprises two rooms, a kitchen, and a bathroom with a window and shower tray. The floors are finished with vinyl; heating is provided via a central gas heating system. A cellar storage compartment is included with the apartment. There is no elevator or balcony. The monthly service charge is €205.

Noteworthy for a building of this era is the energy rating: 78.30 kWh/(m²a) according to the demand certificate, efficiency class C. This means moderate heating costs for the tenant and a low risk concerning utility bill settlements.

The current rent is €10 per square meter, which is slightly below the level currently achieved for comparable apartments in Stadtfeld Ost. Realistically, this potential can be realized especially upon a tenant change. For those considering the apartment as a long-term investment, it represents a stable existing rent with some room for improvement.

Stadtfeld Ost is one of the most sought-after residential areas in Magdeburg: characterized by enclosed Gründerzeit architecture, short distances to the city center, with local shops, doctors, schools, and kindergartens in the neighborhood, as well as good connections by tram and bus. Demand for small apartments is constantly high, and vacancy is rarely an issue.

Stadtfeld Ost is one of the most sought-after residential locations in Magdeburg. The district is characterized by enclosed Gründerzeit buildings, with the city center reachable in just a few minutes. Daily necessities, bakeries, and supermarkets are within walking distance, and schools and kindergartens are available. Public transport connections via tram and bus are good. Crucial for investors: the demand for small apartments in this area is consistently high, and vacancy is rarely a concern.

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

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

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

+++ Central heating, gas, efficiency class C (78.30 kWh/m²a)

+++ Bathroom with window and shower tray

+++ Cellar storage compartment

+++ Second floor

+++ Monthly service charge of €205