Flat for sale 1 bedroom • 39 m² without real estateRudolf-Breitscheid-Straße 38, , Schleswig-Holstein

Investment Property with Attractive Rental Income – or Potential Future Owner-Occupation

For sale is a well-maintained one-room condominium with approximately 39 m² of living space in a sought-after area of Wedel. The apartment is located in a well-kept apartment building dating from 1960. Its practical layout, balcony, and private outdoor parking space offer an attractive combination of comfort and lasting value.

The Apartment at a Glance

• Approx. 39 m² of living space

• Spacious combined living/sleeping area

• Balcony

• Separate kitchen with fitted units

• Bathroom

• Elevator in the building

• Private outdoor parking space

• Well-maintained residential complex

• Energy-efficiently modernized, energy efficiency class C

• Currently rented

• Ideal for investors

Attractive Investment Property

The apartment has been reliably rented since 2018, making it particularly suitable for buyers seeking a tenanted condominium as a long-term investment.

The current annual net rent, excluding utilities, amounts to €5,880, equivalent to €490 per month.

Based on a purchase price of €145,000, this corresponds to a gross rental yield of approximately 4.1%—before taking into account ancillary purchase costs and non-recoverable expenses.

The monthly service charge is currently €155, of which, according to the available information, approximately €44 cannot be passed on to the tenant.

Good Location in Wedel

The apartment is located on Rudolf-Breitscheid-Straße in 22880 Wedel. Wedel combines the advantages of an established town with proximity to Hamburg and offers good infrastructure as well as a wide range of leisure and recreational opportunities.

The River Elbe, the surrounding Wedel countryside, and numerous shops, restaurants, and everyday amenities are all within easy reach.

Additional Features:

- Electric awning with remote control

- Parking space

- Speaker cables installed in the living room for surround sound

- Built-in radio in the bathroom

Your Advantage

Whether as a solid, tenanted investment property or with a view to future owner-occupation, this apartment offers an appealing combination of manageable size, a balcony, a parking space, and an existing tenancy.

Purchase price: €145,000

No buyer’s commission.

We would be pleased to provide you with further documentation and arrange a viewing.