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Object type Apartment block investment property
Purchase price 252,000 EUR
Living space ~ 48.0 m²
Room 3.0

Description

This 3-room apartment in Berlin-Reinickendorf offers investors an interesting combination of a manageable investment, a sought-after apartment layout and targeted potential for value appreciation.

Three rooms, all accessible separately from the hallway, are spread over approximately 48 m² of living space. It is precisely this layout that opens up various rental possibilities and appeals to traditional households as well as other living concepts. The apartment is located on the 1st floor of a residential building constructed in 1960.

An essential component of the investment concept is the planned comprehensive upgrade: around €40,000 is earmarked for the renovation and a further €12,500 for the subsequent furnishing. This means that investment is not merely being made in the existing fabric, but rather a contemporary and easily lettable product is being deliberately created. The measures will be commissioned by the buyer.

Based on the available calculations, the purchase price of €252,000 is offset by a total investment of €304,500, excluding ancillary purchase costs. With a calculated basic rent of around €1,435 per month or €17,215 per year, this results in a gross yield of around 5.7 % on the total investment.

Furthermore, the tax component of the concept is interesting.
Depending on individual tax circumstances and the specific tax classification, the planned refurbishment measures may potentially be recognised as maintenance expenses. Particularly for investors with a corresponding tax burden, this can represent an additional component of the investment strategy. The specific tax treatment should always be examined individually with a tax advisor prior to acquisition.

The property is also being developed further in terms of energy efficiency: according to the provider, the connection to the district heating network will be established in 2026. The previous energy performance certificate shows energy efficiency class D with a consumption of 107 kWh/(m²·a).
An interesting opportunity for investors who not only want to buy an apartment, but are looking for a clearly calculable concept combining existing property, enhancement, letting and long-term wealth accumulation.

details

Marketing type:Purchase
Object typeApartment block investment property
Floor1
Floors in the house7
Living space48.0 m²
Room3.0
Bathroom1

Building fabric & energy certificate

Year of construction1960
Energy certificateYes
KindEnergy requirement certificate
Energy parameter107 kWh/m²a
Energy efficiency class D
Energy sourceDistrict heating
Valid until23.02.2028

Costs

Purchase price252,000 EUR
Subject to commissionYes
Buyer's commission: Free of commission

Equipment

- 48 m² living space with three separately accessible rooms
- Planned refurbishment of approx. €40,000
- Planned furniture at approx. €12,500
- Total investment before purchase costs: €304,500
- Calculated annual net cold rent: €17,215
- Approx. 5.7 % gross return on the total investment
- Purchase price multiplier 14.6
- Factor on total investment approx. 17.7
- Refurbishment creates potential for a modern and market-appropriate letting standard
- Potential tax benefits from renovation measures – depending on individual tax classification
- Interesting combination of ongoing yield, repayment and long-term accumulation of tangible assets

Attachments

Location

The flat is located in Berlin-Reinickendorf – an established Berlin residential area with a mature infrastructure and good connections to the city centre.

A special advantage for marketability is the proximity to the U8 underground line. Lindauer Allee underground station offers a direct connection towards Wittenau as well as via Gesundbrunnen, Alexanderplatz and Kreuzberg all the way to Neukölln. In addition, bus routes and the N8 night bus operate from the station.
The location also has good road links.

As an important transport axis area, the neighbourhood location assumes a central function in the district; further parts of Berlin are easily accessible via the higher-level road network. Furthermore, a district study describes Reinickendorf as a residential location that is well connected by underground and suburban trains as well as several bus routes.

Reinickendorf itself combines classic Berlin residential areas with green spaces, leisure options and a local retail infrastructure that has developed over decades. The mix of urban accessibility and a comparatively quiet residential environment supports broad tenant demand and thus long-termlettability.

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We support you.

The team at Black Label Immobilien offers you support in all areas relating to the purchase of a property. Our international team is fluent in English, German, French and Mandarin, and we also work with a team of multilingual lawyers, notaries and financial advisors.
In order to meet your personal requirements, we offer you a large selection of different properties. Simply send us your search criteria:

- Type of property you are looking for
- Your budget
- Favoured location
- Are you looking for a property as an investment or for your own use?

We will be happy to put you in touch with a financing partner to help you finance your property.
Are you interested in letting your new property? Black Label offers a management package for both unfurnished and furnished lettings, as well as a complete design and furnishing service, customised to your personal requirements. Contact us or visit us at our office for more information.

All information is provided by the seller. BLP Investments GmbH therefore accepts no liability for the accuracy of the information provided. In particular, the information on living space, usable space and the division of living/usable space has not been checked by us through our own measurements or our own calculation of living space. The information on the year of construction has not been checked by inspecting the building file.