| Type | Ground-floor flat |
|---|---|
| Floor | 0 |
| Living area approx. | 78 m² |
| Year built | 1995 |
| Bedrooms | 2 |
| Available from | sofort |
|---|---|
| Rooms | 3 |
| Bathrooms | 1 |
| Heating | Underfloor heating |
| Condition | First occupancy after refurbishment |
|---|---|
| Floors in the building | 2 |
| Usable floor area | 78 m² |
| Purchase price | 120.000 € |
|---|---|
| Price per m² | 1,538.46 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsExclusive investment property in Wohnpark Ostfalen – renovated to a high standard, already rented and with an attractive rental yield!
Anyone looking for an investment property wants to invest not only in square meters, but in quality, lasting value and long-term rentability.
This is exactly where this exceptionally well-maintained 3-room condominium in Wohnpark Ostfalen in Groß Santersleben, comprehensively renovated in 2025, comes in.
A property that stands out clearly from the complex’s usual housing stock thanks to its particularly high-quality modernization.
According to the property management responsible for the entire residential complex, this apartment ranks among the most high-quality modernized and most appealing units in the entire residential complex.
As part of an extensive renovation, the apartment was redesigned at considerable financial expense and with special attention to quality, functionality and timeless elegance.
Large-format modern floor tiles, smoothly plastered wall surfaces and solid white interior doors in Provence style create a harmonious living ambience that combines modern design with a pleasant atmosphere.
A particular highlight is the fully core-renovated bathroom. Here the shower, all sanitary fixtures and the plumbing installations were renewed and combined with modern wall and floor tiles.
The outdoor area was also upgraded: the sunny southwest terrace now has a newly built privacy screen that creates additional privacy and enhances the quality of the outdoor space.
What is special for investors: the apartment is already successfully rented.
Since May 2026 there has been a tenancy with monthly rental income of €689 including parking space rent. This corresponds to annual income of €8,268 and a gross rental yield of around 6.89% based on the purchase price of €120,000.
The buyer thus takes over an already rented property with comprehensively modernized interior fittings, without initially having to organize their own letting measures.
The well-thought-out layout with a generous living and dining area, separate bedrooms and an attractive terrace is suitable for a variety of living needs.
The apartment is located on the ground floor of a well-maintained multi-family house with only six residential units.
A special opportunity for investors who are looking not only at the ongoing yield, but also at a high-quality Value modern renovation standards and a residential property that remains attractive over the long term.
Above-average, high-quality renovation standard – comprehensively refurbished in 2026
This attractive 3-room condominium has been comprehensively modernized at considerable expense and impresses with a timeless, high-quality design concept.
In the selection of materials and the execution of the renovation work, particular emphasis was placed on quality, durability, and a harmonious overall appearance.
Extensive renovation measures in 2026:
- Complete renewal of the floor coverings
- Installation of modern, large-format floor tiles
- Elaborate smooth plastering and redesign of the wall surfaces
- Replacement of all interior doors
- Installation of solid white interior doors in an elegant Provence design
- Comprehensive modernization of the living and sleeping areas
- Complete core renovation of the bathroom
- Renewal of the shower and sanitary fixtures
- Renewal of the sanitary installations in the bathroom
- New, modern wall and floor tiles in the bathroom
- Numerous additional detail works to create a uniform, high-quality living ambiance
- Well-thought-out floor plan and attractive outdoor area:
- Spacious 3-room apartment
- Ground-floor location
- Open, light-filled living and dining area
- Separate bedroom
- Additional flexibly usable room, for example as a children's room or home office
- Modern, easy-care floor coverings
- Bright, smoothly plastered wall surfaces
- Southwest-facing terrace with pleasant sun exposure
- Newly installed privacy screen for additional privacy
- Well-maintained multi-family house with six residential units
- Associated rented parking space belonging to the apartment
Particularly interesting for investors:
Thanks to the extensive investments in modernization, the interior finishes of the apartment are in an especially well-maintained, contemporary condition.
The high-quality execution and the versatile room layout offer good conditions for long-term rentability.
Notice pursuant to Section 5 UWG: The furnishings and decorations shown are virtual visualizations intended to illustrate a possible interior design concept.
The actual fittings of the apartment differ from this and do not include furniture. The apartment is unfurnished and is also sold unfurnished. Upon request, the original photos of the apartment can be requested and a viewing appointment arranged.
Already rented – attractive ongoing income from the transfer of ownership
The apartment has been rented since May 2026 and is offered as an investment property with an existing tenancy.
Current rental data:
Monthly net cold rent of the apartment: €664.00
Monthly parking space rent: €25.00
Monthly rental income excluding the advance payment for operating costs: €689.00
Monthly advance payment for operating costs: €270.00
Monthly total rent: €959.00
Annual rental income including the parking space, excluding the advance payment for operating costs: €8,268.00
At a purchase price of €120,000, this results in a gross rental yield of approximately 6.89% and a purchase price factor of approximately 14.51.
The gross yield shown does not take into account incidental acquisition costs, non-recoverable operating costs, maintenance costs, financing costs, or taxes.
The existing tenancy will continue upon a change of ownership in accordance with the statutory provisions. The lease contains an agreement on a temporary exclusion of termination; the specific contractual terms can be viewed in the event of a serious interest in purchasing.
A particular quality advantage: The apartment was renovated to a high standard in 2025. The terrace area was also further enhanced by the installation of a new privacy screen.
Note regarding the property images:
Some of the published interior photographs were digitally furnished. The furniture, decorations, and other virtually added furnishings shown serve solely to illustrate possible living concepts by way of example and are not part of the purchase offer.
The apartment is being sold with an existing tenancy. Original photographs and further property-related documents can be provided upon request.
Viewings take place exclusively by prior appointment and in coordination with the current tenants.
Take the opportunity to acquire an already rented, particularly high-quality modernized condominium in a quiet location near Magdeburg.
We look forward to hearing from you.
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Living in the countryside – with good connections to the state capital of Magdeburg
The condominium is located in the well-maintained Wohnpark Ostfalen residential park in Groß Santersleben, a district of the municipality of Hohe Börde west of Magdeburg.
The residential location is characterized by a quiet, green, and family-friendly environment. Well-maintained residential buildings, spacious green areas, and a pleasant neighborhood atmosphere define the character of the residential complex.
At the same time, residents benefit from the convenient location and the proximity to the state capital of Magdeburg.
The location advantages at a glance:
Quiet and well-maintained residential location in Wohnpark Ostfalen
Good accessibility of the state capital of Magdeburg
Convenient connections to the A2 motorway and the B1 federal highway
Shopping facilities and amenities for everyday needs in the municipality and surrounding area
Schools, daycare facilities, and medical care in the immediate vicinity
Green surroundings with opportunities for recreation and leisure activities
The location combines the advantages of a quieter residential environment with the accessibility of important employment and service centers.
From an investor’s perspective as well, this combination offers interesting conditions: The apartment particularly appeals to commuters, couples, and small families who value proximity to Magdeburg while also wanting to live quietly and in the countryside.
