Flat for sale 1 bedroom • 20 m² without real estateMannheim Mannheim Baden-Württemberg 68161

The apartment is located in a well-maintained apartment building with approximately 250 units, built in 1980 and situated in the heart of Mannheim’s city-center grid: five floors with a passenger elevator. This is far from standard in the city center and makes a noticeable difference in everyday life—groceries, suitcases, and moving boxes do not have to be carried up four flights of stairs. The building also has a laundry room with coin-operated machines and bicycle storage, both of which are frequently requested by prospective tenants.

The apartment is on the fourth floor and offers approximately 20 square meters of living space, comprising a combined living and sleeping area, a fitted kitchenette, and a private bathroom. It has been freshly renovated and now looks as good as new, with light-colored laminate flooring, clean walls, and no further work required before handover. The highlight: it is being sold fully furnished. The bed, wardrobe, desk, dining table, and chests of drawers are all included.

This has two tangible benefits for you. Furnished apartments in this location command noticeably higher rents than unfurnished units. They also remain vacant for shorter periods when tenants change, as they appeal directly to people looking to move in at short notice without bringing their own furniture: students, doctoral candidates, research associates, and visiting lecturers. The University of Mannheim, located in the palace, is about a two-minute walk away and can be seen from the window. It is hard to get any closer to a university’s main campus.

Another important matter has already been taken care of: the apartment is rented. The initial letting at a monthly net rent of €600 has been arranged for you. You are therefore not buying a project, but an investment that generates income from day one. An annual net rent of €7,200 against a purchase price of €125,000 equates to a gross rental yield of approximately 5.75%.

The total monthly service charge is €230, of which €141 can be passed on to the tenant.

Contact us now to arrange a viewing!

The L 2 square is located on Bismarckstraße, directly opposite Mannheim Palace. Mannheim’s city center is organized into squares rather than streets, and L 2 is one of the addresses that benefits most from this layout: everything important is within easy walking distance.

Mannheim Palace is home to the University of Mannheim. Lecture halls, the library, and the cafeteria can all be reached within two to three minutes. This is the key factor when it comes to renting out the apartment, as proximity to the university is the first criterion students and academic staff use to filter their searches—and hardly any apartment meets this requirement better.

The main train station is also within walking distance. Anyone who regularly commutes to Heidelberg, Frankfurt, or Karlsruhe, or travels home on weekends, does not need a car. In the other direction, the pedestrian zone begins just a few minutes away at Paradeplatz and the Planken shopping street. Bakeries, cafés, restaurants, and supermarkets are located in the surrounding squares, while trams and buses stop at the palace and Paradeplatz.

In short: an address where tenants need neither a car nor a bicycle in their daily lives—and a market segment in which supply is consistently more limited than demand.