Flat for sale 1 bedroom • 33 m² without real estateAugustaanlage 40 Mannheim Mannheim Baden-Württemberg 68165

I am delighted to offer you for sale this fully equipped and renovated 1-room apartment on the first floor of a well-maintained multi-family house with an elevator at the desirable Augustaanlage 40 (Mannheim-Oststadt).

The apartment impresses not only with its excellent micro-location but also with its well-thought-out layout, solid construction, and the immediate rental potential of approximately €750 in cold rent per month – available as needed.

Extensive renovation work has been carried out in the apartment:

• New electrical system including residual current devices (RCDs), switches, and outlets

• New flooring (high-quality click vinyl flooring)

• Freshly wallpapered and painted walls with a ceiling smoothly finished with filler

• New fitted kitchen including appliances

• New bathroom fixtures, washbasin, new ceiling including LED spots, etc.

Upon entering the apartment, you are welcomed by a well-maintained hallway with direct access to the combined living/sleeping area.

All the furnishings, including the fitted kitchen, have been newly acquired and are included in the purchase price – allowing for immediate rental or owner occupancy without any further effort.

In addition to a large 120x200 bed, which is equipped with a 9-zone cold foam mattress and conveniently housed in a separate niche, the apartment also includes a pull-out sofa bed, a dining area with table and chairs, a coffee table, a desk, a chest of drawers, a shelf, a wardrobe, as well as balcony furniture.

Furthermore, a new fitted kitchen has been installed complete with a nearly new refrigerator and a portable induction hob. The kitchen also features an integrated washing machine, so the entire household can be run independently.

The renovated bathroom is brightly tiled and equipped with a shower, toilet, and washbasin.

A real highlight is the balcony: It offers an unobstructed view of the green, beautifully landscaped Augustaanlage – a rare advantage in this location.

Especially interesting for investors:

 Cold rent potential: approximately €750 per month

 Annual net rent: approximately €9,000

 Gross yield: approximately 5.81%

 Buyer's commission: waived (no commission)

 Monthly service charge: €202 according to the current economic plan, of which:

  – €126 is allocatable

  – €51 is non-allocatable

  – €25 is allocated to the maintenance reserve

I am happy to assist you with the rental process if desired – ensuring a smooth, stress-free investment.

Conclusion:

Mannheim’s Oststadt – Augustaanlage 40: An opportunity that rarely comes along. Renovated, newly furnished, highly rentable, and in a prime location – an ideal investment for investors or owner-occupiers with high standards.

Have I piqued your interest?

I would be happy to send you a complete exposé with images and a floor plan or arrange a viewing appointment with you. Please send me your complete contact details.

The property is located in Mannheim’s best residential area and is very centrally situated. The city center as well as the water tower is within a 12-minute walk. The nearest bus stop is only 2 minutes away and the nearest tram stop is a 5-minute walk.

 • Renovated 1-room apartment with 32.28 m² of living space

 • Balcony with a beautiful view of the green Augustaanlage

 • Newly furnished: bed, sofa bed, dining table, chairs, coffee table, desk, wardrobe, chest of drawers, shelf, balcony furniture

 • High-quality Gerflor click vinyl flooring including impact sound insulation

 • New electrical installation throughout the apartment

 • High-quality METOD fitted kitchen

 • Elevator directly to the first floor

 • Well-maintained multi-family house in a prime location

 • Available immediately – ideal also for furnished short-term rentals