Over 5% rental yield: renovated property in a charming period building for investment or as a home

Key facts

Purchase price & costs

About this apartment

The apartment on the first upper floor to the right of the well-maintained property in Hof an der Saale offers a clearly structured, functional layout over a total area of approximately 58.60 m². The apartment building was constructed in 1907 and partially renovated in 2024, combining the historic character of the building with later modernization measures. A hallway of approximately 3.92 m² provides access to all rooms in the apartment. Room 1 impresses with approximately 19.40 m² and offers ample space for a living or sleeping area, while Room 2, measuring approximately 18.01 m², can likewise be used flexibly as a bedroom, children's room or study. The centerpiece of the apartment is the large eat-in kitchen of approximately 17.27 m², which, thanks to its size, provides sufficient space for a dining area with a table for several people and thus serves as the communal focal point of the apartment. A built-in wardrobe in the hallway also provides practical storage space. The unit is centrally heated by a gas heating system. With its clear separation of two quiet rooms and an open, inviting eat-in kitchen, the apartment is suitable for couples and singles requiring a home office, as well as for small families and shared apartments. The apartment is located in the quiet yet conveniently connected eastern center of Hof an der Saale.

Fittings and features, as described

The apartment is being modernized as part of comprehensive interior refurbishment by Reviva Projektbau GmbH and will be handed over ready for occupancy. The electrical installation will be inspected (E-Check in accordance with VDE regulations) and renewed if necessary. The existing heating and hot water supply will be retained; the existing radiators in the apartment will be refurbished and painted or replaced with new models if necessary. The bathroom will be thoroughly modernized and equipped with a level-access shower with glass partition, a wall-hung toilet, a washbasin with chrome-plated tap, as well as a towel rail and toilet-brush set. High-quality wall and floor tiles, sanitary fixtures and fittings from renowned brand manufacturers (e.g. Villeroy & Boch or Grohe) will create a modern, high-quality appearance. In the living and common areas, a high-quality, seamlessly installed design floor with improved impact sound insulation will be laid; matching floor tiles will be used in the bathroom. Walls and ceilings will be filled, primed and painted white twice. The construction work will begin in the 4th quarter of 2026 and be completed in 2027. Once all work has been completed, a builders’ final clean will be carried out, so that the apartment will be handed over in a well-maintained, ready-to-occupy condition.

Location

Location details

The property is located in the eastern centre of Hof an der Saale – in a quiet setting yet with excellent transport links. A local shopping centre is located directly in the neighbourhood, meaning that shopping, restaurants and everyday amenities are within walking distance. Several bus stops in the immediate vicinity provide quick connections to Hof Central Station as well as to all other districts and the city centre. The location also has excellent regional connections: the A9, A72 and A93 motorways, as well as Hof railway station, can be reached in the immediate vicinity. Families also benefit from short distances to schools and Hof University, while medical practices and Hof Hospital are nearby, ensuring good medical care. Overall, the location combines urban living with excellent transport links and infrastructure – an attractive blend of tranquillity and central accessibility that is of interest both to owner-occupiers and investors.