Flat for sale 2 bedroom • 57 m² without real estatePforzheim Pforzheim Baden-Württemberg 75175

You are looking for an interesting investment property in a central location with ongoing rental income and additional development potential? Then this 2-room apartment in Pforzheim’s Northern District might be an interesting opportunity for you.

With approximately 56.70 m² of living space, the apartment on the second floor of a multi-family house built in 1954 offers a functional floor plan and versatile usage options. Particularly for investors, the combination of an inner-city location, an existing tenancy, and the possibility to customize the space is appealing.

The apartment is currently rented and generates a net cold annual rent of approximately €7,200, which is around €600 per month. This means you benefit from ongoing rental income immediately upon purchase. Based on the purchase price, the corresponding gross rental yield can be individually calculated according to the exact price.

The floor plan comprises two separately accessible rooms, currently used as a living room and a bedroom. In addition, there is a separate kitchen with space for a seating area, a balcony overlooking the inner courtyard, a bathroom equipped with a bathtub that also allows for showering, and a separate WC with a window. A private basement storage room offers additional space.

The apartment is in need of renovation. This allows you to carefully decide which measures are sensible and how you want to position the property in the long term.

A particular advantage is that the sale is commission-free for the buyer. This way, you save on any buyer’s commission that might otherwise apply, and you can allocate your capital specifically for purchasing the property, financing, or planned renovation measures.

Also interesting for investors: A remaining useful life appraisal is already available. The appraisal cost €1,900 to produce and indicates an actual remaining useful life of 14 years. The appraisal can serve as a basis for examining a higher annual building depreciation according to Section 7 (4) sentence 2 of the German Income Tax Act (EStG). Whether and to what extent this depreciation is recognized for tax purposes, and whether you can adopt the appraisal without changes, must be examined on an individual basis. No specific tax savings or recognition are guaranteed.

The apartment is located in Pforzheim’s Northern District, a centrally located part of the city with short distances to the city center and well-developed infrastructure. The location combines the advantages of urban living with good access to important daily facilities.

Pforzheim’s city center is only a few minutes’ walk away. Also nearby are Gesellcher Park and the Auer Bridge. This means that both central meeting points in the city and opportunities for walks and relaxation are easily accessible.

An important advantage is the local supply. Supermarkets, discount stores, retail facilities, fast food outlets, and a variety of restaurants can be found in the vicinity. Medical practices, service providers, and other facilities for daily needs complement the offer. Schools and kindergartens are also available nearby.

Especially for investors, the proximity to educational institutions and inner-city workplaces is appealing. The Pforzheim University of Applied Sciences and other central city facilities are easily accessible. Combined with the apartment’s size and functional floor plan, the property is suitable for various tenant groups, including singles, students, young professionals, and couples.

Transportation connections are also impressive: According to the provided information, Pforzheim’s main train station is approximately 750 meters away. From there, train connections to surrounding towns and cities are available. Several bus stops in the area ensure convenient mobility within Pforzheim.

Drivers benefit from connections to federal roads B10, B294, and B463 as well as the A8 motorway. This makes numerous regional destinations and important economic centers easily reachable.

Conclusion: The location combines proximity to the city center, shopping opportunities, public transportation, and excellent road connections. These factors provide a solid foundation for renting out a compact city apartment. Of course, the actual rental demand and achievable rent also depend on the condition, the equipment, and further market developments.

The approximately 56.70 m² 2-room apartment impresses with a functional layout that makes efficient use of the available space. Two separately accessible rooms clearly separate the living and sleeping areas. This makes the apartment suitable for different living needs and tenant groups.

The separate kitchen offers space for a seating area and has access to the balcony. The balcony faces the inner courtyard, creating an additional area to enjoy a brief break during the day.

The bathroom is equipped with a bathtub that can also be used for showering. The sanitary area is supplemented by a separate WC with a window. A private basement storage room provides extra storage for items that are not needed daily.

The multi-family house was built in 1954. Both the apartment and the building require renovation.

For buyers with their own ideas, this offers the opportunity to gradually or comprehensively renovate the apartment. Which measures make sense can be decided individually based on the actual condition, the planned usage, and the available budget.

According to the available information, the monthly service charge (Hausgeld) is approximately €192. The exact composition and the actual cost allocation can be verified based on the current financial documents and service charge statement.

The existing room layout, the balcony, the separate WC, and the basement storage room create a practical foundation for long-term use. Combined with the central location and the individual modernization options, this presents an interesting overall package for buyers who recognize the potential and wish to develop it further.

An energy certificate is not available. Relevant details will be added once the certificate is available.

Additional Property Information

• Property type: 2-room condominium

• Location: Pforzheim’s Northern District, near the city center

• Living space: approx. 56.70 m²

• Floor: 2nd floor

• Year of construction: 1954

• Rooms: 2

• Balcony: available

• Bathroom: bathtub with showering possibility

• Separate WC: available, with window

• Basement: private storage room

• Current net cold rent: approx. €600 per month

• Annual net cold rent: approx. €7,200

• Service charge: approx. €192 per month

• Sale: commission-free for the buyer

• Remaining useful life appraisal: available

• Cost of appraisal: €1,900

Buy commission-free – Remaining useful life appraisal already available

This property offers investors three aspects that may be interesting when making a purchasing decision.

1. No commission for the buyer

The sale is made directly and commission-free for the buyer. This allows you to save on any buyer’s commission that might otherwise occur and to allocate your budget specifically for renovation measures.

2. Remaining useful life appraisal valued at €1,900 already available

An appraisal verifying the remaining useful life of the apartment, which cost €1,900 to produce, is available. The appraisal documents an actually shorter useful life according to Section 7 (4) sentence 2 EStG and shows an effective useful life of 14 years.

If recognized for tax purposes, this may allow for a higher annual building depreciation than would be calculated over a regular 50-year period. In calculation, a 14-year useful life corresponds to a significantly higher depreciation rate for the relevant building share, compared to 2% based on a 50-year period.*

3. Attractive financing perspective – ongoing rental income of €600 per month

The apartment has long generated rental income of about €600 per month, or €7,200 per year. These ongoing earnings can make a significant contribution to the monthly loan repayment with appropriate financing.**

*Important Tax Note: The percentages mentioned are calculated values and do not guarantee approval for tax purposes. Whether the available appraisal meets the tax requirements, which useful life may be applied, and what basis is decisive must be individually examined. Recognition by the tax office and any specific tax savings cannot be guaranteed. An evaluation by a tax advisor is recommended prior to purchase.

**Important Financing Note: This statement merely describes one possible financing scenario and does not constitute a binding financing calculation or financing promise. The actual loan repayment depends in particular on the loan amount, the amount of equity contributed, the agreed interest rate, the repayment, the fixed interest period, the creditworthiness assessment, and the individual conditions of the lending institution.