| Type | Flat |
|---|---|
| Living area approx. | 57 m² |
| Rooms | 3 |
|---|
| Purchase price | 18.500 € |
|---|---|
| Price per m² | 324.56 €/m² |
| Commission | 2.975,- Euro Käuferprovision vom Kaufpreis inkl. gesetzl. MwSt. |
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More financing calculators and assumptionsThis immediately available 3-room apartment on the 4th floor requires renovation and impresses with a tried-and-tested, practical layout and bright rooms offering excellent potential for improvement. With a well-designed living area of approximately 57 m², it brings together all the essentials for a home tailored to your needs. The property offers owner-occupiers with DIY skills and investors seeking strong returns the ideal opportunity to design an apartment entirely to their own specifications and create lasting added value.
Following comprehensive renovation, a solid and entirely realistic rent of 6,00,- euros per square meter can be achieved upon reletting, giving investors reliable earning power in the sought-after Mosel district of Zwickau. This results in a calculated monthly net cold rent of 342,00 euros, or a strong annual target cold rent of 4.104,00 euros. The property thus offers an excellent opportunity to increase its value through targeted modernization and, over the long term, achieve an attractive profitability profile with a strong return on equity and high rental yield in this sought-after catchment area.
From the central hallway, you can access the comfortable children's or study room, the windowless shower room and the spacious living room, which opens onto the sunny balcony. The living room is the heart of the apartment, with direct access to the kitchen and the quiet bedroom. The renovation work required gives you the opportunity to realize your own choice of materials and fittings for both the kitchen and bathroom, and to adapt the layout optimally to modern living standards. A particular highlight is the loggia on the 4th floor, where the elevated position and beautiful, unobstructed views invite you to relax and create an especially airy sense of space. Windows, some of which are fitted with practical roller shutters, also provide optimal protection from light, prying eyes and heat. A secure basement storage unit for extra space and a private outdoor parking space round out the practical features of the property.
Built in 1981, the building underwent extensive renovation and today presents a contemporary, well-maintained appearance. Regular maintenance and repair work to the common property has been and continues to be carried out on an ongoing basis to preserve the long-term value of the entire To secure the investment. Heating is efficiently supplied via district heating, providing both owners and future tenants with a reliable, extremely low-maintenance and predictable heating option. The apartment is currently vacant, offering maximum flexibility for owner-occupiers who wish to create their dream home to their own specifications, or for investors planning a prompt renovation followed by reletting.
With monthly service charges currently at 249,00 euros and enormous potential for appreciation through renovation in a stable residential location near major regional employers, this property offers a solid foundation for a worthwhile investment.
Please feel free to contact us for further information or to arrange a personal viewing – we look forward to hearing from you!
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