This compact 3-room freehold flat in Berlin-Wilhelmsruh combines a well-thought-out floor plan with interesting prerequisites for a sustainable capital investment.
Three rooms, all accessible separately from the hallway, are distributed over a living area of approximately 53.5 m². It is precisely this clear room layout that opens up a wide range of potential uses and creates very good conditions for flexible letting – for example, to couples, small households, or as a shared flat. The flat is located on the 4th floor of a residential building constructed in 1995.
An essential part of the proposed concept is the comprehensive upgrading of the currently dilapidated flat. Around €35,000 is earmarked for the renovation, and a further €12,500 for subsequent furnishing. This will transform the existing unit into a modernly equipped flat geared towards letting.
The residential complex itself also offers good conditions for comfortable urban living. Built in 1995, the ensemble features a landscaped inner courtyard with a playground. The individual stairwells are equipped with lifts; in addition, bicycle, laundry and drying rooms are available within the complex, among other amenities.
Of particular interest to investors is the combination of a manageable flat size, three fully usable rooms and the Berlin location. According to the available calculations, with a purchase price of €320,000 plus renovation and furnishing costs, the total investment is estimated at around €367,500, excluding ancillary purchase costs. The calculated annual basic rent amounts to around €19,289. Based on these assumptions, this results in a projected return of around 5.2 % on the total investment.
The offer is therefore aimed in particular at investors who not only wish to acquire a Berlin condominium, but also value marketability, an efficient floor plan and existing development potential.
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