Rented 2-room flat with shortened remaining useful life

Object type Flat

Purchase price EUR 299,000

Living space ~ 50.28 m²

Room 2.0

Features

Balcony/terrace Cellar Storeroom Lift

Description

This is your chance to invest in a residential unit in a well-kept apartment block in Wilmersdorf. This property combines classic old building charm with the needs of modern living. The prestigious entrance area with Art Nouveau elements and high-quality materials gives a first impression of the quality of the building. A passenger lift in the main staircase provides additional convenience.

The residential units boast high ceilings, floorboards and spacious layouts. The balconies offer additional added value for tenants. The last rent increase in October 2024 underlines the potential for future adaptations.

This property offers an attractive combination of current rental income and significant tax benefits thanks to the 5.5% depreciation allowance. The stable letting situation and the potential for rent increases make this property a solid, long-term investment in a sought-after district of Berlin. The special tenant protection until 2031 should be taken into account in your investment planning.

details

Marketing type:Purchase

Object typeFlat

Object typeFloor

Floor1

Floors in the house5

Living space50.28 m²

Room2.0

Bathroom1

Balcony/terrace1

RentedYes

Building fabric & energy certificate

Year of construction1900

Energy certificateYes

KindEnergy consumption certificate

Energy parameter83.8 kWh/m²a

Energy efficiency class C

Energy sourceGas

Valid until10.02.2029

Costs

Purchase priceEUR 299,000

Subject to commissionYes

Buyer's commission: 3.57% of the purchase price incl. 19% statutory VAT payable by the buyer to the estate agent The commission is due and earned upon notarisation of the purchase contract. We have concluded a brokerage contract with the seller for the same amount.

Equipment

- High depreciation possibilities: Thanks to an existing residual value appraisal, you can benefit from a depreciation allowance of approx. 5.5%.
- Secure rental income: The annual net cold rent is around €8,976 and offers a solid basis for your return.
- Well let in the long term: The flats have been let stably for years, which speaks in favour of a continuous cash flow.
- Rent adjustment potential: The last rent increase did not take place until October 2024, which opens up future potential for rent increases.
- Attractive location: Wilmersdorf is an established and popular residential area with a high demand for rental flats.
- Appreciation potential: The solid condition of the old building in combination with the sought-after location promises long-term appreciation potential.
- Tenant protection: Please note the existing agreement until 2031.

Attachments

Cancellation policy (PDF)

Location

Between Kurfürstendamm and Grunewald: Wilmersdorf is centrally located, full of culture and urbanity, yet close to nature, Wannsee and Grunewald. Wilmersdorf is glamorous and cosmopolitan, dignified and with the discreet charm of old West Berlin.

Today, the best-preserved ensembles of old buildings in the city can be found here, where the splendour of the Wilhelminian era lives on.

The weekly market on Hohenzollernplatz invites you to take a stroll. Güntzelstraße is lined with gourmet restaurants and old Berlin pubs, cafés and select bookshops.

Owner-managed clothes shops, galleries, delicatessens and wine shops survive and thrive in the neighbourhood: Because they look after their regular customers, who remain loyal to them. For joggers, there is the Volkspark Wilmersdorf: 2.5 kilometres long and green, just 200 metres from Fechnerstraße.

The transport connections are excellent: several underground lines and bus connections allow quick access to Berlin city centre, Kurfürstendamm, City West and other central districts. Berlin's main transport routes can also be reached quickly by car.

Green spaces and squares offer space for everyday recreation, while cultural facilities, schools, daycare centres and medical care in the immediate vicinity create a comfortable and family-friendly environment. The mixture of urban infrastructure, architectural quality and a quiet residential atmosphere makes this location particularly stable in value and attractive in the long term.

Wilmersdorf stands for classic Berlin living: central, stylish and always in demand. A location that not only impresses today, but also offers secure long-term prospects - for people who value substance, neighbourliness and quality of life.

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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:

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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.

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