Flat for sale 2 bedroom • 65 m² without real estate, Bavaria

This well-maintained 2-room condominium is located on the 7th floor of a multi-family house built in 1972 and is easily accessible by elevator. With a living area of approximately 65 m², it offers well-proportioned rooms and an attractive southern and western orientation. Particularly noteworthy is the balcony (loggia) facing south, which receives plenty of sunlight and invites you to relax.

Interesting for investors:

The apartment has been reliably rented since July 2010, making it a stable and predictable source of income for investors. The current annual net cold rent is €4,284, which, in relation to the purchase price of €195,000, corresponds to a gross yield of 2.2%. The monthly service charge is €435, of which approximately €255 can be passed on to the tenant and about €135 is allocated to the maintenance reserve.

Given the current rental level, there are opportunities to adjust the rental income to the current market value in the future. The owners' association has solid reserves of around €163,000, which provides additional financial security for upcoming maintenance measures.

The apartment is situated on Bahnhofstraße in Senden, just a few minutes’ walk from Senden station, providing quick access to public transportation to Ulm and Neu-Ulm. Shopping opportunities as well as several pharmacies and doctors are in the immediate vicinity. Primary schools and secondary schools are also located nearby.

The apartment includes a separate basement storage room. The building is supplied by a modern district heating system, ensuring stable operating costs. An energy performance certificate is available for the property, with a final energy consumption of 95.4 kWh/(m²·a).

An elevator is available, providing barrier-reduced access to the apartment.

In addition, a fiber optic connection for the building is planned in the future – the expansion is scheduled to begin in 2025. This increases the attractiveness of the apartment, particularly for working tenants and home office users.

The apartment is managed by a reliable property management company that ensures proper administration and maintenance of the building. A caretaker service is also available to guarantee the smooth operation of the building. Furthermore, the building is regularly maintained to ensure the sustainable preservation of the property’s value.

I am happy to provide you with further documents upon request and look forward to hearing from you.

Please understand that inquiries from real estate agents are not desired.