Flat for sale 1 bedroom • 29 m² without real estateAugustaanlage 42 Mannheim Mannheim Baden-Württemberg 68165

Here is the translation of the text marked with the tag into English:

I am pleased to offer you for purchase this fully equipped and refurbished one-room apartment on the 5th floor of a well-maintained apartment building with an elevator, located at the highly sought-after Augustaanlage 42 (Mannheim-Oststadt).

The apartment impresses not only with its excellent micro-location but also with a well-thought-out design, solid construction, and the immediate rental potential of approximately €700 cold rent per month – available immediately if desired.

Extensive refurbishment measures have been carried out in the apartment:

- New bathroom including plumbing

- New gas boiler

- New electrical system including residual current device (RCD), switches, and sockets

- New interior doors & new entrance door to the apartment

- New flooring (high-quality adhesive vinyl floor with impact sound insulation)

- Freshly wallpapered and painted walls

- New fitted kitchen including refrigerator

Upon entering the apartment, you are greeted by a well-kept hallway with direct access to the combined living/sleeping area.

All the furnishings, including the fitted kitchen, have been newly acquired and are included in the purchase price – enabling immediate rental or self-use without any further effort.

Instead of a classic bed, there is a pull-out frame that can be used both as a sofa (80 x 200 cm) and as a full-sized, large bed (160 x 200 cm) – perfect for maximum flexibility and comfort in a compact space.

The furnishings are complemented by an open dining area with a table and chairs, a desk, a wardrobe, shelves, and a chest of drawers.

In addition, a new fitted kitchen with an integrated refrigerator and portable induction hob has been installed.

The freshly renovated bathroom is brightly tiled and equipped with a shower, WC, and washbasin. It also features a washing machine connection including a washing machine, so that the household can be entirely self-managed.

A real highlight is the balcony: it offers an unobstructed view of the green, wonderfully landscaped Augustaanlage and even a slight view of the water tower – a rare advantage in this area.

Particularly interesting for investors:

• Rental potential (net cold rent): approx. €700/month

• Annual net rent: approx. €8,400

• Gross yield: approx. 5.79%

• Buyer’s commission: waived (commission-free)

• Service charge: €167/month according to the current operating budget, of which

  – €105 is allocable

  – €40 is non-allocable

  – €22 is allocated to the maintenance reserve

I am happy to assist you with the rental process upon request – ensuring a smooth, stress-free investment.

Conclusion:

Mannheim’s Oststadt – Augustaanlage 42: An opportunity that comes along rarely. Renovated, newly furnished, highly rentable, and in the best location – an ideal investment for capital investors or owner-occupiers with high standards.

Have I piqued your interest?

I would be happy to send you a complete exposé with pictures and a floor plan or arrange a viewing appointment with you. Please send me your full contact details.

The property is located in one of Mannheim’s best residential areas and is very centrally situated. The city center as well as the water tower can be reached on foot in 12 minutes. The nearest bus stop is only 2 minutes away and the nearest tram stop is a 5-minute walk away.

- Refurbished one-room apartment with 28.59 m² of living space

- Large balcony with a stunning view of the Augustaanlage and the water tower

- Newly furnished: Bed/sofa, dining table, chairs, desk, wardrobe, chest of drawers, shelves, balcony furniture

- High-quality Gerflor adhesive vinyl flooring with impact sound insulation

- Refurbished bathroom with shower and washing machine

- New electrical system throughout the apartment

- High-quality METOD fitted kitchen

- Elevator directly to the 5th floor

- Well-maintained apartment building in a top location

- Available for immediate occupancy – ideal also for furnished short-term rentals