Commission-free & renovated - Cozy 3 room old building in central location - Incl. new kitchen & bathroom

For 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. In addition, due to the renovation, no money or time needs 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 can be handed over either vacant for owner-occupation or rented out (free initial rental service from 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. No special allocations/major renovation measures etc. are planned in the house.

Capital investor:
The apartment is perfect as a capital investment and has a yield of 5.2%.
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), approx. 1,000€ monthly installments are 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.

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.