Sprengelstr.

Wedding, Berlin, Germany

Status	Available
Price From	34,500  EUR

 

About the Development

Tenanted Apartment With 5.8% Yield in Wedding.

This tenanted studio apartment is on the second floor, garden house of this period building in Wedding.

City: Berlin
Area: Wedding
Street: Sprengelstr.
Tenanted: Yes
Yield: 5.8%
Rooms: 1
Baths: 1
Type: Studio
Size: 41 m²
Price from: 34,500 €

The property has a fitted kitchen, bathroom and living area with balcony. The balcony faces south-west with views over the inner courtyard. The apartment has central heating and wooden floors.

The property is located centrally in Wedding which continues to attract investors due to its excellent value for money and local facilities. This apartment is available at a bargain price of 841 Euros per m². The nearest underground station (Amrumer Strasse) is only 200 metres away with above ground rail services available at Westhafen which is approx 800 metres. The attractive Goethepark is a comfortable walk.

This tenanted studio has an annual net income exceeding 2000 Euros, however, with a rent increase the yield could be 7% or potentially higher.