Tuerkenstr.

Wedding, Berlin, Germany

Status	Available
Price From	52,900  EUR

 

About the Development

VACANT/ TENANTED APARTMENT – WEDDING

This first floor, one bedroom apartment is situated in the rear side wing of an apartment house in Wedding.

City: Berlin
Area: Wedding
Street: Tuerkenstr.
Tenanted: yes
Yield: 5.8 %
Rooms: 2
Baths: 1
Type: Apartment
Size: 50 m²
Price from: 52,900 €

The whole apartment will be renovated prior to sale including a modernised bathroom. The buyer can also have a new fitted kitchen installed at an additional cost of 1000 Euros. The apartment has a balcony which overlooks the mature courtyard gardens. The property is in an attractive ‘Altbau’ property with many period features including beautiful timbered floors in the apartment.

If desired this apartment can be sold tenanted where a yield of 5.8% can be achieved.

The apartment has a wonderful location being situated between two attractive parks in Wedding – Schiller Park and Volkspark Rehburge. In fact Schiller Park is no more than a 100 metres distant. The nearest underground station (Seestrasse) is only 600 metres away. This is one of those areas that have suffered historically for its proximity to Tegel Airport, however, with the airport due to close it could just be an interesting investment opportunity.