| Type | Flat |
|---|---|
| Floor | 2 |
| Living area approx. | 56 m² |
| Year built | 1954 |
| Bedrooms | 1 |
| Available from | sofort |
|---|---|
| Rooms | 2 |
| Bathrooms | 2 |
| Heating | Self-contained central heating |
| Fuel type | Gas |
| Condition | Needs renovation |
|---|---|
| Floors in the building | 5 |
| Purchase price | 128.000 € |
|---|---|
| Price per m² | 2,285.71 €/m² |
| Commission | no commission for buyers |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsWith around 56.70 m² of living space, the apartment on the 2nd floor of a multi-family building from 1954 offers a functional floor plan and versatile possibilities for use. The combination of a central urban location, an existing tenancy, and the opportunity for individual design is particularly interesting for investors.
The apartment is currently rented and generates an annual net cold rent of approx. €7,200, or €600 per month. This means you benefit from ongoing rental income as soon as you purchase it.
The floor plan comprises two separately accessible rooms, currently used as a living room and a bedroom. In addition, there is a separate kitchen with space for seating, a balcony overlooking the courtyard, a bathroom with a bathtub and shower option, and a separate WC with a window. A private cellar compartment provides additional storage space.
The apartment is in need of renovation. You can decide specifically which measures make sense and how you wish to position the property in the long term.
A particular advantage: the sale is commission-free for the buyer. You save a buyer’s commission that might otherwise apply and can allocate your capital specifically to the property purchase, financing, or planned renovation measures.
Also of interest to investors: a remaining useful life appraisal is already available. Preparing the appraisal cost €1,900. It states an actual useful life of 14 years. Whether and to what extent this depreciation will be recognized for tax purposes, and whether you can adopt the appraisal on a 1:1 basis, must be reviewed on a case-by-case basis.
The approximately 56.70 m² 2-room apartment impresses with a functional layout that makes sensible use of the available space. Two separately accessible rooms allow a clear separation between the living and sleeping areas. As a result, the apartment is suitable for different living needs and tenant groups.
The separate kitchen offers space for a seating area and has access to the balcony. This faces the inner courtyard and creates an additional space for a short break in everyday life.
The bathroom is equipped with a bathtub that can also be used for showering. The sanitary area is complemented by a separate WC with a window. A private basement storage compartment provides additional storage space for items that are not needed every day.
The apartment building was constructed in 1954. There is a need for renovation within the apartment and the building.
For buyers with their own ideas, this offers the opportunity to upgrade the apartment step by step or as part of a comprehensive renovation.
The monthly service charge amounts to approx. €192 according to the information available. The exact composition and the actual apportionability can be verified on the basis of the current financial documents and the service charge statement.
The energy performance certificate is not available. The corresponding information will be added once the energy performance certificate is available.
Further property information
- Property type: 2-room condominium
- Location: Pforzheim North District, close to the city center
- Living area: approx. 56.70 m²
- Floor: 2nd upper floor
- Year of construction: 1954
- Rooms: 2
- Balcony: present
- Bathroom: bathtub with shower option
- Separate toilet: present, with window
- Basement: own cellar compartment
- Current net cold rent: approx. €600 per month
- Annual net cold rent: approx. €7,200
- Maintenance fee: approx. €192 per month
- Sale: commission-free for the buyer
- Remaining useful life appraisal: available
- Cost of preparing the appraisal: €1,900
Your advantages: Buy commission-free – remaining useful life appraisal already available
This property offers capital investors three important aspects that may be of interest when making a purchase decision.
1. No real estate agent commission for the buyer
The sale takes place directly and commission-free for the buyer. This allows you to save any buyer’s commission that might otherwise apply and to use your budget specifically for renovation measures.
2. Remaining useful life appraisal worth €1,900 already available
A remaining useful life appraisal is available for the apartment, the preparation of which cost €1,900. The appraisal serves to demonstrate an actually shorter useful life and states an actual useful life of 14 years. If recognized for tax purposes, this may allow a higher annual building depreciation than with a regular calculation over 50 years. *
3. Interesting financing perspective – ongoing rental income of €600 per month
The apartment has long been generating rental income of approx. €600 per month, or €7,200 per year. With suitable financing, these ongoing receipts can make a substantial contribution to the monthly loan installment.**
*Important tax notice: The percentages mentioned are calculated values and do not constitute an assurance of tax recognition. Whether the existing appraisal meets the tax requirements, which useful life may be used as a basis, and which assessment basis is relevant must be reviewed individually. Recognition by the tax office and a specific tax saving cannot be guaranteed.
**Important financing notice: This statement merely describes a possible financing constellation and does not constitute either a binding financing calculation or a financing commitment. The actual loan installment depends in particular on the loan amount, the equity contributed, the agreed nominal interest rate, the repayment, the fixed-interest period, the credit assessment and the individual terms of the financing credit institution.
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Pforzheim’s city center is only a few minutes’ walk away. Gesellscher Park and the Auerbrücke are also located in the immediate vicinity. This means that both central points of interest in the city and opportunities for walks and recreation are easily accessible.
A key advantage is the local amenities. Supermarkets, discount stores, shopping options, snack bars, and dining options are located nearby. Medical practices, service providers, and other facilities for everyday needs complement the offering. Schools and kindergartens are also available in the surrounding area.
The proximity to educational institutions and downtown workplaces is particularly interesting for capital investors. Pforzheim University and other central facilities in the city are easily accessible. Combined with the size of the apartment and the functional floor plan, the property is suitable for various tenant groups, including singles, students, young professionals, and couples.
The transport connections are also convincing: According to the available property details, Pforzheim Central Station is approximately 750 meters away. From there, train connections are available to the surrounding towns and municipalities. Several nearby bus stops enable convenient mobility within Pforzheim.
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