Flat for sale 1 bedroom • 21 m² without real estateL7 6a Mannheim Mannheim Baden-Württemberg 68161

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Why This Uni-Unicorn Still Delivers a 6.7% Yield Despite a Prime Location

Apartments directly adjacent to the University of Mannheim are among the rarest and most sought-after residential areas in the city. This fully renovated and furnished one-room apartment in L7 combines a premium location, immediate rentability, and attractive yield. As a result, it creates an investment with exceptionally stable demand – appealing both to capital investors and to parents of students.

L7, 6a is one of the most desirable micro-locations for student housing in Mannheim and is considered by investors to be a genuine “crown jewel.” The apartment is located virtually right next to the University of Mannheim campus – hardly any location could be closer.

The building is the very first residential structure on the university side of the Quadrate, allowing students to reach the campus on foot in just a few minutes. For students, this means a significant everyday benefit by minimizing commute times and saving on public transportation costs.

For parents looking to purchase an apartment for their university-going children, there is hardly a better location in Mannheim. At the same time, capital investors benefit from the exceptionally high demand for small apartments in immediate proximity to the university.

The rentability of such units is, as experience shows, very stable, since every semester thousands of students, interns, and young professionals seek accommodation in this area.

The apartment is located on the 1st floor (with elevator) of a well-maintained multi-family house and features a balcony overlooking a quiet courtyard, creating a pleasant and calm living environment despite the central location.

The one-room apartment has been comprehensively renovated and is being sold fully furnished. The unit is currently vacant and can be immediately re-let or used as one’s own residence. This makes the property ideal as an investment with immediate cash flow.

Particularly noteworthy is the fully functional fitted kitchen, which stands out compared to many micro-apartments that only offer basic pantry solutions. The kitchen is completely equipped and includes:

• Washing machine in the apartment

• Built-in stove with a four-ring cooktop

• Oven

• Extraction ventilation system with external air outlet

• Built-in microwave oven

• Built-in refrigerator

This means the apartment has a practical everyday kitchen—a rarity in small student apartments.

In addition, the apartment is sold completely furnished, including:

• Bed

• Wardrobe

• Shelving system

• Table

• Samsung Smart TV

This furnishing enables the apartment to be rented out immediately – ideal for students, commuters, or young professionals.

Another great advantage is the underground parking space. In the L7 area, parking is extremely limited and street parking is often oversubscribed. A dedicated parking space right in the building thus provides significant added value and markedly increases the property’s attractiveness compared to similar apartments without parking.

Realistic Target Rent (conservatively calculated):

Furnished Apartment:

approximately €650 cold per month

Underground Parking Space (rentable separately):

approximately €75 cold per month

Total Rent:

approximately €725 cold per month

Based on this conservative calculation, the gross yield comes to around 6.7%, which is above the current market average for many downtown apartments.

The apartment is, therefore, an excellent option for various buyer groups:

• Capital investors focusing on stable rental demand

• Parents looking to buy accommodation for their university-attending children

• Commuters or young professionals

• Investors interested in furnished rentals

The apartment is located in L7, one of the most in-demand micro-locations in downtown Mannheim and right next to the university edge of the Quadrate.

• University of Mannheim reachable in about a 2-minute walk

• Direct proximity to faculties, libraries, and university facilities

• Very high demand from students, doctoral candidates, academic staff, and young professionals

This location is one of the most popular residential areas for students, as the campus is easily reachable without public transport. This saves tenants time each day as well as costs associated with public transit.

Downtown Mannheim – with its shopping facilities, restaurants, cafés, and public transport options – is also just a few minutes’ walk away.

Another important factor is the structurally limited housing supply in this area. In the Quadrate, there is practically no new construction area available, so the supply of small apartments remains permanently limited.

This combination of immediate proximity to the university, a central downtown location, and a restricted housing supply ensures consistently high demand for small apartments and very stable rentability.

Special Quality Feature: A Fully Functional Kitchen Instead of a Pantry Solution

A decisive difference from most one-room apartments in downtown Mannheim:

The originally existing pantry kitchen has been completely removed.

The kitchen wall was extended to create space for a fully functional built-in kitchen in standard size.

Thus, the apartment features a practical kitchen suitable for everyday use, whereas many comparable apartments only offer basic pantry solutions with two hotplates.

New Kitchen Equipment Includes:

• Standard washing machine directly in the apartment

• Built-in stove with a four-ring cooktop

• Regular-sized oven

• Extraction range hood (not a recirculation system)

• Built-in microwave oven

• Built-in refrigerator with freezer compartment

• High-quality electrical appliances from Bosch/Siemens

With this, tenants can use the apartment independently without relying on communal facilities.

Living Area / General:

• New laminate flooring

• Freshly painted walls

• New ceiling and track lighting

• Large front windows with two windows and a balcony door

• Very bright ambiance

Electrical:

• Increased number of power outlets

• Optimized kitchen wiring

• New fuse box with residual-current device

• Separate lighting zones

Furnishings (new, included in the purchase price):

• Bed with a new mattress

• Nightstand with lighting

• Samsung Smart TV (wall-mounted)

• Dining/working area by the window

• Two floor-to-ceiling wardrobes (one as a wardrobe and one as a storage closet)

The furnishings allow for immediate rental without further investment.

Bathroom:

• Shower

• WC

• Washbasin

• Modern floor and wall tiles

Balcony:

• Covered balcony

• Quiet southwest orientation towards the courtyard

Underground Parking Space:

• Purchase price: €15,000

• Rentable separately (approximately €75/month)

• Additional income source for capital investors

Financial Data (Operating Plan 2026):

• Allocable costs: €107.78/month

• Non-allocable costs: €76/month

• Reserve contribution for the apartment: €19.66/month

• Reserve contribution for the parking space: €1.15/month

• Total advance on service charges: €266/month

• Co-ownership share: 118/10,000

• Property tax 2025: €31.90/year

Reserve Fund of the Homeowners’ Association:

The condominium owners’ association has a maintenance reserve of around €135,000 (as of 31.12.2024).

The calculated share for the apartment amounts to approximately €1,600.

Other Information / Rental and Profitability:

The set rent of €650 cold for the furnished apartment is, compared to the current market environment, deliberately conservatively calculated.

For comparison:

• Shared apartment rooms in Jungbusch (currently 4 listings on ImmoScout) already reach about €400–585 cold, even though the kitchen and bathroom are shared and privacy is significantly limited.

• Modern micro-apartments or furnished student apartments near the university often are priced significantly higher.

The underground parking space provides an additional, stable income component and increases the apartment’s attractiveness for both tenants and investors. In the L7 area, parking is extremely scarce, so a parking space clearly adds value. Parking spots are especially in demand by employees of the adjacent police headquarters.

Thanks to the complete furnishing, high-quality equipment, and immediate proximity to the University of Mannheim, the apartment is also perfectly suited for time-limited rental models, for example to visiting scholars, interns, project staff, or international students.

Comparable values from temporary housing portals such as Wunderflats or Spacest currently show warm rents for apartments of this category and location at around €850 to €1,150 per month.

Even with a moderate calculation, this translates into a potential rent of about €750 cold per month for furnished rentals, which can significantly further increase the yield for capital investors.

This additional rental potential provides investors with an attractive safety margin, without being mandatory for the original yield calculation.

For parents of students, the property presents an especially interesting concept:

During the study period, the apartment serves as comfortable accommodation for one’s child. After graduation, it can easily be re-let or held long-term as an investment.

Conclusion:

An immediately rentable downtown investment in an absolutely premium university location, with stable demand, attractive yield, and additional upside potential through furnished rentals.

The combination of location – equipment – furnishings – parking space – yield makes this apartment a rare opportunity for capital investors and parents of students.

Sale directly from the owner.

The usual real estate agent commission is omitted for the buyer. This results in savings of approximately €4,605 compared to comparable offers with an agent.

Disclaimer:

All information regarding rent, yield, and profitability is based on market comparisons and empirical values and is provided for non-binding guidance only. No guarantees are given for specific rent levels or yields. Only the agreements in the notarized purchase contract are binding.