Flat for sale • 81 m² without real estateSchanzenstraße 27 Nürnberg Gleißhammer Bayern 90478

Hi everyone,

I'm selling a condominium from my own portfolio: 80 m², completely gutted and renovated by me in 2024, fully rented as a furnished shared apartment for 4 residents, with an annual rent of €24,120, yielding 6.03% — just a five-minute walk from TH Nürnberg. Direct sale by owner, without broker, without commission.

The Numbers

- Rented for €2,010 per month including utilities, around €500 per room — typical market rate for furnished WG rooms in this area.

- Service charge of €408/month, of which €85 is allocated to the maintenance reserve — not an expense, but an asset that remains with and transfers with the property.

- Net income of €20,248 per year on a purchase price of €336,000 = 6.03% yield.

- Four rental agreements instead of just one: if someone moves out, only 25% of the rent is missing, not 100%. Re-renting is done semester-wise, not at random intervals.

- A remaining useful life appraisal is available and has already been recognized by the tax office: 3.45% depreciation (AfA) instead of 2.0%, with 29 years of remaining useful life. Documents available for review upon arrangement.

It Runs Without You

The condominium administration for the individually owned property is in place and can be taken over: re-renting the rooms, tenant selection, handovers, billing, and ongoing tenant contacts. For a buyer, this means a true investment asset with no personal effort required — even from a distance.

Why the Rooms Stay Occupied

The Technical University of Nürnberg Georg Simon Ohm is just a five-minute walk away, with around 13,000 students right at the doorstep. The demand for shared apartment rooms is renewed every semester. The WG is currently fully occupied.

All documents are complete: rental contracts, declaration of division, protocols, service charge statements, and the remaining useful life appraisal. Just drop me a message, and I'll send you the package — or we can immediately arrange a viewing appointment.

The apartment is located in Zerzabelshof, a quiet and sought-after residential area in Nuremberg with a friendly neighborhood. The Technical University of Nürnberg Georg Simon Ohm is a five-minute walk away — the ideal location for a furnished shared apartment because the demand for rooms is renewed each semester.

Several bus lines are right outside the door, and the S-Bahn is within walking distance — downtown can be reached in just a few minutes. Supermarkets, doctors, a pharmacy, and restaurants are all within walking distance, and schools and kindergartens are also in the immediate vicinity.

I completely gutted and renovated the apartment in 2024: the floor plan was newly divided into a 4-person shared apartment, and a new fitted kitchen and a completely renovated guest WC were added. The floors are new and expertly done — the entire subfloor was leveled with self-leveling compound, so the flooring runs seamlessly through all rooms without thresholds or transition strips, using high-quality vinyl and tiles that create a consistent visual impression. The full bathroom dates from the 2010s. A bathroom plus a separate guest WC is the ideal setup for four residents, keeping the rooms in constant demand.

Fully furnished: each room includes a bed, desk, office chair, and wardrobe, plus a fitted kitchen and washing machine — valued at around €10,000, and included in the purchase price. You take over a fully running shared apartment and don’t have to invest another euro.

Additionally, the property comes with a balcony, a storage cellar, and an elevator in the building.