Waldmannstrasse

Steglitz, Berlin, Germany

Status	Available
Asking Price	31,900  EUR

 

About the Development

The location of this building is developed in the end of the 19th century and called at first ‘Rosenthalische Quarter’ with mostly villas, later it was called ‘Composer Quarter’.

The area is now affected of single and 4 family houses. It is a green living area. Lankwitz is a location of Campus (Freie Universitat Berlin FU) and not far away from this studio.

Shopping areas, cinema, fitness-sports centre, etc. are close by (Kranoldplace, Kaiser-Wilhemstreet).

The public transport system with busses and S-Bahn (local train system) is very good (i.e. only 6 station to Potsdamer Platz).

1 Room + Cellar space
35,16m² - 1st floor

Cooker, refrigerator and washing machine, built-in cupboard included

Purchase Prices

31,900 EUR
(907.28 EUR/ m²)

Estimated Cost After Purchase

Painter 400 Eur
Laminate floor 1.000 Eur
Bathroom 2.600 Eur
Kitchen 1.000 Eur
TOTAL 5.000 Eur

It’s only a calculation, the checking and control oblige to the buyer.

Expected net rent after renovation amounts to 220 EUR - net yield 7,27% (in relation to purchase price and renovation coasts).