| Type | Block of flats |
|---|---|
| Living area approx. | 224 m² |
| Year built | 1905 |
| Available from | Nach Vereinbarung |
|---|---|
| Rooms | 9 |
| Bathrooms | 3 |
| Heating | Central heating |
| Fuel type | Gas |
| Plot area | 608 m² |
|---|---|
| Parking spaces | 4 |
| Condition | Refurbished |
| Floors in the building | 3 |
| Usable floor area | 278 m² |
| Purchase price | 988.000 € |
|---|---|
| Price per m² | 4,410.71 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsHistoric period property dating from around 1905 – attractive investment with high ceilings, ongoing rental income and a large plot
This historic apartment building from around 1905 offers an appealing combination of steady rental income, spacious period apartments and additional potential thanks to its extensive plot.
The three apartments feature bright rooms, generous ceiling heights and the special charm of a classic period property. Extensive renovation work has modernized a large part of the building in recent years.
The three apartments and 4 parking spaces are currently successfully rented out, generating a combined annual gross rent of €56,150. After deducting ongoing costs, an annual net return of approx. €45,100 remains.
The apartments
Ground floor: approx. 78.18 m²
First floor: approx. 80.14 m²
First floor: approx. 65.70 m²
Total living area: approx. 224 m²
Spacious plot with additional potential
The extensive plot is particularly noteworthy, offering the property further possibilities in addition to its existing use.
Options could include additional bicycle parking, more attractive landscaping of the outdoor areas or – subject to the relevant permits and building regulations – adding parking spaces or building carports, potentially combined with a photovoltaic system.
The plot therefore not only adds to the residential appeal but also offers interesting opportunities for future development.
Extensive modernizations in 2022
In 2022, numerous areas of the building were extensively renovated or modernized, including:
new central gas heating system
new radiators
new kitchens including appliances
over 200 m² of solid oak parquet flooring
replacement of numerous doors, power outlets and switches
new plastering and painting
Two fully renovated bathrooms
new apartment entrance doors
electronic intercom system
further extensive work on the building
The property thus combines the character of a historic Augsburg period building with extensive modernization work already completed and an attractive ongoing income stream.
High-quality sanitary fixtures with modern tiles and high-quality fittings from renowned manufacturers – visually appealing and extremely durable.
Elegant oak parquet flooring throughout the entire living area. Modern kitchens with all appliances, etc.
The sale is being conducted directly by the owner and is therefore commission-free!
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Excellent transport links: The tram stop is almost right outside the front door. Augsburg-Oberhausen railway station can be reached within a few minutes on foot. From there, there are direct and fast connections to Augsburg Central Station, as well as to Munich and Ulm for commuters.Short distances to campus infrastructure: Thanks to the excellent public transport connections and well-developed cycle paths, both the University of Augsburg and Augsburg University of Applied Sciences are quick and easy for student tenants to reach.Urban local amenities & leisure: Supermarkets, drugstores, bakeries and pharmacies are in the immediate vicinity. The neighbourhood also offers a lively dining scene with cafés and pubs. The nearby Wertach provides opportunities to relax in nature, with its riverside paths ideal for jogging and unwinding.2. The most important selling points (USPs) for the listingWhen listing the property on portals such as ImmobilienScout24, use these concise bullet points:“Happy without a car”: Perfect for students without their own car – everything is accessible on foot, by bicycle or tram.High location demand: Oberhausen is rapidly developing into a young, creative trendy neighbourhood, which will ensure long-term appreciation in value (gentrification).Secure rental potential: The combination of affordable shared accommodation and this central location guarantees a vacancy rate of practically 0%.3. Visualisation for the buyerMention in the text that Helmut-Haller-Platz, the district’s urban centre, and cultural venues such as the Gaswerk site (Augsburg’s creative and cultural centre) are nearby.
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