Flat for sale 2 bedroom • 65 m² without real estateWerdauer Strasse 33, , Saxony

Rented 2-room apartment for sale.

Size: 65 m² of living space.

The apartment is located on the 3rd floor of a 4-story old building that was comprehensively renovated about 10 years ago (new electrical system / new heating).

The tenant pays a monthly net cold rent of EUR 315 plus an advance payment for operating costs of EUR 135.

This results in an annual net cold rent of EUR 3,780 and thus a selling price at 13 times the rent, corresponding to a yield of 7.7%.

The apartment comes with a basement storage room. Although no major investments are planned by the homeowners’ association, it would certainly be possible to agree with the other owners on measures in the common property over the next few years that could improve the living environment and potentially allow for even higher rents (for example, developing the currently unused courtyard).

MICROLOCATION

Werdauer Straße, designated as B175, is one of the central ingress and egress routes of the bustling automotive city of Zwickau. The transport-friendly location features very short walking distances to the train station or the nearest tram stop (line right at the door).

Distances:

• 550 m to the Robert-Schumann Conservatory

• 650 m to the train station with connections to Leipzig

• 650 m to the Paracelsus Clinic

• 1,100 m to the old town

• 1,400 m to the West Saxon University of Applied Sciences

• 2,500 m to the City Hall

• 20 km to the Volkswagen plant

MACROLOCATION

Zwickau stands out for its central location in Europe while being situated on the outskirts within Germany. The Czech border is about 50 kilometers from the city of Zwickau. Leipzig/Halle Airport is approximately 115 km away, and Dresden Airport about 120 km away.

With 89,540 inhabitants (as of December 31, 2018), Zwickau is the fourth-largest city in Saxony and a major regional center in the southwestern part of the state.

The Zwickau district is traversed by Bundesautobahns 4 and 72 as well as Federal Highways 93, 173, 175, and 180. From Zwickau city, Dresden, Leipzig, and Erfurt can be reached in about one hour by car, while Nuremberg is accessible in just under two hours. There are hourly S-Bahn connections from Zwickau towards Leipzig Airport and Halle Central Station, along with Mitteldeutschen Regiobahn services to Chemnitz, Dresden, and Hof.

Details:

• 2 rooms

• Bathroom with a window and a bathtub

• Kitchen

• Hallway

• No balcony