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5.0% yield: The ideal investment - Commission-free & renovated - Including kitchen & new bathroom
Brückenstraße 55, 70376 Stuttgart (Bad Cannstatt) (Bad Cannstatt) – Baden-WürttembergFor sale is a completely renovated 3-room apartment in a central location in Stuttgart Bad Cannstatt, only approx. 10-15 minutes from Stuttgart main station, with a beautiful loggia & a new bathroom & 5.0% yield. In addition, due to the renovation, no money or time has to be invested in the apartment in the next few years - ideal as a retirement provision & as passive asset accumulation or for own use. The apartment will be handed over either vacant for owner-occupation or rented out (free initial rental service by us).
The gas pipes in the house and the front door were recently renewed. The apartment is heated with a gas floor heating system from 2011 (low-temperature Junkers Cerastar Comfort boiler), i.e. this may be used until 2041. This means that there will be no problems for the next few years. No special allocations/major renovation measures etc. are planned in the building.
Capital investor:
The apartment is perfect as a capital investment and has a yield of 5.0%.
The initial letting service, if desired, is free of charge and is provided by us at a basic rent of €1,160 (€1,100 apartment + €60 kitchen). This means that the new tenant can be conveniently selected on the basis of a pre-selection. This makes the apartment ideal as an investment.
If the apartment is financed by a bank, the loan installment can easily be paid from the rent. With 100% financing of the purchase price (approx. 3.5% interest and 1.0% repayment), a monthly installment of approx. 1,050€ is debited.
The apartment is located in a well-kept apartment building with a total of 10 parties. The house fee is €192 - of which €100 can be passed on to the tenant. Of the €92, €43 is allocated to reserves and €49 to non-recoverable costs.
Are you interested in this apartment?
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Object Number
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OM-313601
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Object Class
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apartment
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Object Type
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apartment
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Is occupied
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Vacant
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Handover from
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immediately
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Purchase price & additional costs
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purchase price
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279.000 €
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Purchase additional costs
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approx. 17,978 €
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Total costs
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approx. 296,978 €
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HOA fee
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192 €
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Breakdown of Costs
* 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: 950€
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Details
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Condition
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first occupancy after renovation
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Number of floors
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4
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Level
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3rd floor
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Usable area
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8 m²
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Bathrooms (number)
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1
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Bedrooms (number)
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2
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Flooring
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laminate, tiles
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Heating
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floor heating
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Year of construction
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1908
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Equipment
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balcony, basement, fitted kitchen
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport
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Information on equipment
The apartment is ready for first occupancy after extensive renovation. Depending on your wishes, it can be handed over either as a vacant apartment for owner-occupation or as a rented property.
Particularly noteworthy is the new, modern fitted kitchen, which is included in the purchase price. It includes high-quality appliances such as a stove, a dishwasher and an extractor hood. The kitchen will be fully fitted before handover (see model in the pictures). Directly adjacent to the kitchen is a newly tiled loggia, which offers additional living comfort.
The electrics in the apartment were completely renewed in 2020. The bathroom also shines in new splendor, equipped with a new bathtub, new washbasin, new toilet and new fittings. A practical washing machine connection is located in the kitchen.
Further renovation measures include new door sets and skirting boards as well as freshly plastered and white-painted walls, which create a bright and friendly ambience.
In the basement, two separate cellar rooms with their own light and power connection belong to the apartment, providing additional storage space. The apartment is also equipped with a high-speed internet connection that enables downloads at speeds of up to 300 Mbit/s.
This freshly renovated apartment offers a modern and comfortable living environment that impresses with its numerous new features.
Location
The apartment in Brückenstraße is centrally yet quietly located in the historic district of Bad Cannstatt, Stuttgart. The transport connections are excellent: the "Rosensteinbrücke" bus stop is only a 3-minute walk away, and Bad Cannstatt train station is around 7-8 minutes away. Stuttgart main station can be reached in 10-15 minutes on the U13 or U14 underground lines. Bicycle paths lead to Rosensteinpark or the center of Bad Cannstatt in about 10 minutes.
There are several supermarkets such as Lidl, Rewe and Edeka for daily needs in the immediate vicinity (500-800 m). Educational institutions, kindergartens and medical care are also within easy reach.
Location Check
Energy
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Energy efficiency class
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F
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Energy certificate type
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demand certificate
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Main energy source
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gas
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Final energy demand
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194.00 kWh/(m²a)
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Miscellaneous
Virtual tour: https://youtu.be/QzVIE4c6OBY
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
Send a message directly to the seller
Questions about this apartment? Show interest or arrange a viewing appointment?
Click here to send a message to the provider:
Offer from: Herr Siess
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