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High-yield investment in A location: renovated apartment with shared flat concept for young professionals

Walter-Scott-Str. 7, 80687 München – Bayern
699.000 €
4
Room
78 m²
Living Area
apartment

Walter-Scott-Straße is located between Laim, Friedenheim and Schwanthalerhöhe - a district that is becoming increasingly popular. Here you benefit from a first-class infrastructure: the city's new construction projects, parks, shopping facilities, schools and kindergartens are all in the immediate vicinity.

The apartment on offer is located on the 4th floor of a well-kept residential complex built in 1968 at Walter-Scott-Str. 7, 80687 Munich.

Attractive investment with a proven rental concept:
This property offers capital investors a fully established, almost self-running shared flat concept that is specially tailored to young professionals. The concept has been successfully implemented here for over a year, and the current letting generates stable, high-yield income with a return of over 5% p.a.

Premium target group: The shared flat concept appeals to working tenants, ensuring a high degree of reliability and a well-maintained living environment.
Sustainable concept: The concept includes suggestions for potential new tenants in the event of a change of tenant, a professional cleaning service and a repair service on an hourly basis.

This well thought-out and proven concept is sold with the property - an ideal opportunity to invest in a highly profitable and future-proof capital investment.

Additional opportunity for owner-occupation:
In addition to the attractive yield option, the apartment also offers the possibility of owner-occupation. After consultation with the tenants, it is possible to move in within 6 to 12 months. This flexibility makes the property particularly versatile.

Living space
The apartment offers approx. 78 m² of living space according to the building authority's documents.

Renovation 2023:
The apartment has been extensively renovated to meet the requirements of the target group:

Energy modernization:
Renewed windows and balcony doors.
High-quality floor coverings: Parquet flooring in the living rooms, vinyl flooring in the kitchen.
Suspended ceilings with spotlights: For a modern and bright room effect.
Bathroom & electrics: Newly tiled bathroom with shower area and washing machine connection as well as new wiring to current standards.
Comfort: Electric shutters and other details for comfortable living.

Furnishing & equipment:
The apartment has been fully furnished and equipped with a new fitted kitchen and high-quality electronic appliances to maximize living comfort and attractiveness for tenants. The furniture and fittings, specially tailored to the shared flat concept, are a mandatory part of the purchase and are sold for €36,000 in addition to the purchase price.

Your advantages at a glance
Premium target group: Proven rental concept for working young professionals.
High returns: Stable long-term income from reliable tenants.
Virtually self-running: Cleaning and repair service on an hourly basis.
Top location: A+ location with long-term appreciation potential.
Flexibility: Also possible as owner-occupancy within 6-12 months.
Potential for value appreciation: Get in now before prices rise again next year.

Take this opportunity to acquire a high-yield property with an innovative concept in one of Munich's most sought-after locations. Contact us today for more information or to arrange a viewing!

Are you interested in this apartment?

Object Number
OM-257025
Object Class
apartment
Object Type
apartment
Is occupied
Occupied
Handover from
immediately

Purchase price & additional costs

purchase price
699.000 €
Purchase additional costs
approx. 33,226 €
Total costs
approx. 732,225 €
HOA fee
415 €

Breakdown of Costs

Purchase price 699.000 €
Real estate transfer tax 24,465 € (3.50%)
Notary costs 5,783 € (0.83%)
Land register entry 2,978 € (0.43%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 2,255€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 2.84%

Details

Condition
as good as new
Monument protection object
Yes
Number of floors
4
Level
4th floor
Flooring
parquet, tiles, vinyl / PVC
Heating
central heating
Year of construction
1968
Equipment
balcony, basement, elevator, shower bath, fitted kitchen, guest toilet
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

Complete renovation in 2023: High-quality modernization in all areas.
Fully furnished: Ideal for high-yield rental or owner-occupation - incl. furniture, appliances, washer-dryer, cutlery, crockery and electrical appliances.
Windows & light: New plastic windows, suspended ceilings with spotlights and dimmers in all rooms.
Flooring: Elegant plank parquet flooring in oak.
Comfort: Electric shutters, modern bathroom with rain shower and washing machine connection, new guest WC.
Outdoor areas: Two balconies (west and east facing) with electricity.
Storage space: Large cellar compartment.
Commission-free:­ Attractive offer without additional brokerage costs.

Location

The apartment is located in Walter-Scott-Str. in 80687 Munich, a popular and centrally located district. The transport connections are excellent: the subway stations "Westendstraße" (approx. 700 m) and "Friedenheimer Straße" (approx. 500 m) are within easy reach, as are bus and streetcar lines. Shopping facilities, parks, schools and kindergartens are in the immediate vicinity and contribute to the attractiveness of the location.

Location Check

Restaurants
300m
Einkaufen
300m
Sport
250m
Medizin
300m
Mobilität
200m
Nachtleben
400m
Natur
350m
Kultur
450m

Energy

Final energy consumption
123.10 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
consumption certificate
Main energy source
gas

PDF

Miscellaneous

Rental concept for investors
The apartment is ideally designed for renting out as a shared flat, especially for working young professionals looking for a high-quality, furnished and fully equipped home. The concept offers an affordable and attractive alternative to traditional forms of living and is aimed at discerning tenants who value a clean and pleasant living environment.

Furnishings/bu­ilt-in kitchen (part of the purchase)
The complete furnishings, including fitted kitchen, electrical appliances, household utensils and other furnishings, are a mandatory part of the sale and must be purchased for an additional €36,000. The apartment is therefore ready to let immediately and ideal for investors or owner-occupiers who want a high-quality and complete furnishing.

Legal information
The information in this exposé is provided without guarantee of completeness, correctness and up-to-dateness. Floor plans, plans and illustrations are for illustrative purposes only and may differ from the actual structural condition. The agreements set out in the purchase contract are authoritative. Viewings are only possible by appointment. Prices are subject to change without notice.

Note on costs
The buyer bears the land transfer tax, notary and land register costs as well as any processing fees for the approval of the property management.

Imprint:
oezte­c GmbH
Bahnhofstr. 102
82166 Gräfelfing
Germany

Registe­r court: Munich
Register number: B189458
Managing director: Burak Özdalyan
Sales tax identification number: DE277333673

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Ansprechpartner Özdalyan