House for sale • 400 m² without real estate, Baden-Württemberg

Representative two-family house with a commercial unit in Schwenningen, suitable as a capital investment or for owner-occupation. The house has a total of 15 rooms. On the ground floor, there is a 134 m² commercial space; on the first floor, a 134 m² apartment with a roof terrace; and on the top floor, a 132 m² apartment.

All units are rented to students.

The fully basemented and well-maintained multi-family residential building is a tasteful property and features a beautiful garden plot in a very good residential area of the city. The nicely landscaped garden offers potential for a genuine after-work oasis or a place for children to run and play.

With this property, many possibilities are realizable—for example, living and working under one roof plus renting out one apartment, or purely as a capital investment and rental property for students or families.

Quiet location yet central, just a 5-minute walk to the city center, to the train station, to the bus station, and to two universities. In the surrounding area, all daily necessities can be found.

2014/15 – Complete renovation of the electrical system throughout the building.

2014/15 – Renovation of the sanitary installations and facilities.

2015 – New gas heating for the ground floor and the first floor, as well as a new gas boiler on the top floor.

2014/15 – Installation of a new modern fitted kitchen on the ground floor and the top floor, replacement of the appliances in the fitted kitchen on the first floor.

2014/15 – Furnishing of all rooms.

Ground Floor

6 rooms, large kitchen/living area, bathroom, separate WC, storage room, new modern click-vinyl flooring with cork layer insulation in the entire apartment, new interior doors, 2- or 3-glazed windows.

First Floor

5 rooms, kitchen, bathroom, separate WC, storage room, nicely finished plastered walls in the rooms, new laminate flooring in the rooms, vinyl flooring in the hallway and WC, new modern tiles in the bathroom, 2- or 3-glazed windows, large roof terrace.

Top Floor

4 rooms, kitchen, bathroom, separate WC, storage room, additionally an external room, new modern click-vinyl flooring in the kitchen and WC, vinyl flooring in the rooms and hallway, large new shower and partly new tiles in the bathroom, 2- or 3-glazed windows.

Current annual cold rent = €38,545

Yield = 5.6%

Easily attainable annual cold rent: €42,000

Yield = 6.1%