Flat for sale 3+1 • 66 m² without real estateHeilbronn Heilbronn Baden-Württemberg 74072

For sale is a well-maintained 3-room apartment in a central location in Heilbronn featuring a lovely balcony. The apartment is currently rented to the city of Heilbronn. The tenancy can be assumed or terminated with a three-month notice period—whether for owner-occupation, re-letting, or even renovation. If desired, the current owner can also terminate the existing tenancy on your behalf up until the notarization. The current cold rent amounts to €590.

Therefore, the apartment is ideally suited both for owner-occupation and as a long-term investment.

With an energy efficiency rating of C, a central gas heating system, and nearly new windows, the building is well-prepared for the future. Currently, no special assessments, renovations, etc. are pending. The reserve fund for the building is currently approximately €100,000, of which €5,000 relates to the apartment.

The apartment is located in a well-maintained multi-family house with a total of 16 units. The monthly service charge is €247 – of which €123 can be passed on to the tenant. Of the remaining €124, €75 covers the reserve fund contribution and €49 covers non-recoverable costs.

Investor:

The apartment is perfect as an investment property and offers a yield of almost 4%. With bank financing, the rent nearly covers the loan installment. With 100% financing of the purchase price (approximately 3.35% interest and 1.0% repayment), approximately €685 is debited monthly. In the event of a renovation/re-letting, a cold rent of about €750-€800 can be achieved.

The apartment is located on Weststraße in Heilbronn—a central yet quiet residential area with ideal infrastructure. Shopping opportunities, supermarkets, doctors, pharmacies, cafés, restaurants, schools, and kindergartens are in the immediate vicinity and easily reachable on foot.

Public transportation by bus and train is excellent: the downtown area as well as the main train station in Heilbronn can be reached within a few minutes, making it ideal for commuters, students, and professionals.

Especially attractive: Heilbronn University is also only a few minutes away. This makes the apartment particularly ideal for rental to students or university staff, which is an additional plus for investors.

The combination of a central location, an urban environment, and high living quality makes Weststraße one of the most sought-after addresses in Heilbronn for both owner-occupiers and renters.

- Currently rented to the city of Heilbronn with a secured cold rent receipt of €590 (a friendly family who speaks German)

- Owner-occupation or re-letting possible after a three-month notice period

- Sale includes a fitted kitchen with stove, dishwasher, and extractor hood

- Sale without a parking space, though surrounding public parking is available

- Lovely east-facing balcony of approximately 5 sqm

- Bathroom includes a shower, washbasin, and toilet (in need of renovation)

- Well-maintained laminate and tiled flooring

- Practical washing machine connection in the kitchen

- Separate cellar room in the basement

- Fast internet connection (up to 100 Mbit/s download)