Flat for sale 5+kk • 90 m² without real estateHeilbronn Sontheim Baden-Württemberg 74081

A package of three condominiums in a well-maintained seven-unit apartment building in Heilbronn-Sontheim is being offered for sale: two rented apartments generating ongoing rental income and one vacant apartment with shared-flat potential. Each apartment has its own land register entry. Together, they represent 290/1,000 co-ownership shares—more than any other unit in the building.

Package price: €295,000 instead of €308,000 if purchased individually—a saving of €13,000. Commission-free, directly from the owner.

The three apartments:

Unit 1 – 3 rooms, ground floor (extension), 40.97 m² plus two basement rooms (approx. 28 m²)

Rented since December 2009; net rent excluding utilities: €350/month (€8.54/m², significantly below market level); service charge: €225; co-ownership share: 133/1,000; individual price: €135,000

Unit 3 – 1.5 to 2 rooms, first floor, 26.66 m²

Vacant, in need of renovation; potential rent as a two-person shared flat: approx. €700/month; service charge: €161; co-ownership share: 86/1,000; individual price: €89,000

Unit 5 – 1-room maisonette, first floor/attic, 22.01 m² in accordance with the German Residential Space Ordinance (WoFlV), with approx. 35 m² of floor area

Rented since August 2025; net rent excluding utilities: €350/month; fitted kitchen; service charge: €141; co-ownership share: 71/1,000; individual price: €84,000

Package key figures:

- Purchase price: €295,000 (approx. €3,291/m² of living space, excluding basement areas)

- Total living space: 89.64 m² plus approx. 28 m² of basement space

- Current rent: €700/month or €8,400/year (Units 1 and 5)

- With Unit 3 rented conventionally: approx. €12,600/year; gross yield approx. 4.3%

- With Unit 3 rented as a two-person shared flat: approx. €16,800/year; gross yield approx. 5.7%; gross rent multiplier 17.6, with significant long-term potential for increases

- Total service charges: €527/month, of which approx. €279 is recoverable from tenants

- Co-ownership: 290/1,000 (29% of voting rights, with voting rights based on co-ownership shares)

Why buy the package:

One notary appointment, one purchase agreement, one financing arrangement and one handover.

Three apartment types for three target groups—couples/small families, flat-sharers/students and singles—help diversify vacancy risk. Since each unit has its own land register entry, the exit strategy remains flexible: the units can later be sold or mortgaged individually.

Individual apartments may be purchased by arrangement, but preference will be given to buyers of the entire package.

The building is located in Heilbronn-Sontheim, an established district in the south of Heilbronn with around 12,000 residents. Everything needed for daily life is within walking distance: Aldi Süd (approx. 260 m), the pharmacy in the Staufenberg Centre (approx. 280 m), medical practices (approx. 250 m) and a bakery (approx. 370 m).

The “Ackermann” and “Hofgartenstraße” bus stops are only around 200 m away and connect Sontheim with the city centre and main railway station (approx. 3 km).

Of particular interest to landlords: Heilbronn University’s Sontheim Campus is only approx. 1.5 km away. There is strong demand for small apartments and rooms in shared flats among students, trainees and young professionals. Sontheim also has good access to the regional and national road network via the B27 and A6.

(Distances are straight-line measurements and approximate.)

Unit 1: 3 rooms (living room 15.13 m², bedroom 7.31 m², third room 5.73 m²), kitchen 7.64 m², shower room with window and washing machine connection, two separate entrances, and two basement rooms (16.05 m² and 11.99 m²) with a private basement stairway forming part of the separately owned property.

Unit 3: Shower room with window; electrical sub-distribution board and meter cabinet replaced in 2026; three-core wiring. Cosmetic renovation required, including floors, walls and bathroom. The instantaneous water heater must be replaced. Contractors’ quotations are available. Two rooms suitable for a shared flat can be created by adding a drywall partition.

Unit 5: Maisonette arranged over two levels, with a fitted kitchen on the first floor; the attic floor comprises a hallway, bathroom with bathtub and skylight, and a combined living/sleeping area of approx. 16.1 m².

Building (constructed in 1968; divided into separate ownership pursuant to Section 8 of the German Condominium Act in 2026):

- Stairwell renovated in 2026: scratch-resistant vinyl flooring, walls and ceilings painted, wooden stairs and railings refurbished, and new lighting fixtures and switches installed

- Façade refurbished in 2026: timber cladding, window reveals, extension entrance door and building plinth; façade cleaned

- Gas lines pressure-tested in 2026 with no issues identified

- Gutters, downpipes and entrance canopy serviced in March 2026

- Fibre-optic connection in the building

- Central gas heating system installed in 2002; heating costs billed via heat meters; double-glazed windows

- Consumption-based energy certificate: 115.89 kWh/(m²·year), energy efficiency class D

- Professional condominium owners’ association management; 2026 budgets available for each unit

Commission-free sale directly from the owner. The existing tenancy agreements for Units 1 and 5 will transfer to the buyer; Unit 3 will be handed over vacant.

A detailed package brochure and individual brochures for each apartment are available. Complete documentation will be provided digitally to serious prospective buyers.