Well located 1-room apartment in the Mannheim squares

This is a centrally located 1-room apartment in Mannheim's D-Quadraten. The apartment, which is located on the 2nd floor, is easily accessible via an elevator. The apartment consists of a bright room with a small storage room, a pantry kitchen and an interior bathroom. The apartment was last renovated in 2022 (painted and new laminate laid). Due to the great location and walking distance to the university, this apartment can be rented out at any time without any problems and is perfect for students.
The apartment is currently rented to a trainee for EUR 400 net rent. The non-recoverable house rent including contribution to the reserve amounts to €81.00 per month. The apartment is rented to a trainee at a rent of €400.00. Investors can therefore expect an attractive gross rental yield of 4.8%.
Or would you like to use the apartment yourself or for your children who are studying in Mannheim? In this case, you should bear in mind that the statutory notice period for personal use is 3 months.

10 min walk to the university
10 min walk to the trendy Jungbusch district
5 min walk to Paradeplatz
Rathaus streetcar stop (streetcars 2 and 6)