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Completely renovated 3-room apartment in the popular Gablenberg district, Stuttgart-East, with a minimum return of 6% through renting to students or young professionals.

Gablenberger Hauptstr. 34b, 70186 Stuttgart (Ost) – Baden-Württemberg
290.000 €
3
Room
53 m²
Living Area
Private offer
Apartment
Attic apartment

Attractive investment opportunity – Rented 3-room apartment with a return of over 6% in a popular location in Stuttgart-Gablenberg.

For sale is a completely renovated 3-room apartment in a highly desirable residential area of Stuttgart-Gablenberg (Stuttgart-East). The apartment is currently successfully rented as a high-quality shared apartment (WG) and offers investors attractive rental income from day one. The total monthly rent is approximately €1,800, while the base rent is approximately €1,450. With a gross return of over 6%, this property represents an interesting investment opportunity.

The well-designed layout, with three separate rooms, is ideal for renting as a shared apartment. The consistently high demand for housing in Stuttgart, combined with the excellent rental potential in this location (close to the main train station, city center, university, and major corporations such as Mercedes Benz), makes this property particularly attractive.

Are you interested in this apartment?

Object Number
OM-471048
Object Class
Apartment
Object Type
Attic apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
290.000 €
Purchase additional costs
approx. 18,891 €
Total costs
approx. 308,891 €
HOA fee
180 €

Breakdown of Costs

Purchase price 290.000 €
Real estate transfer tax 14,500 € (5.00%)
Notary costs 2,904 € (1.00%)
Land register entry 1,488 € (0.51%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,104€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on nirqovalen.shop

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.71%

Details

Condition
As good as new
Number of floors
4
Level
3rd floor
Bathrooms (number)
1
Bedrooms (number)
3
Flooring
Laminate, Tiles
Heating
Floor heating
Year of construction
1912
Equipment
Basement, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

The apartment was completely renovated in 2021. The high-quality kitchen and furnishings, suitable for shared accommodation, complete the offer. These can be included in the sale, if agreed upon.

The entire roof and facades will be renovated in the next 3-4 months, including new insulation and roofing.

Location

The location in Gablenberg, one of the most popular districts in eastern Stuttgart, is attractive due to its excellent infrastructure. The public transportation connections are outstanding – Stuttgart Central Station and the city center are easily accessible in just a few minutes by bus (line 40: short route/3 stops to the Central Station, line 42 directly to the city center) and light rail (S1, U4). Shopping facilities, cafes, restaurants, schools, and numerous leisure and recreational opportunities are located in the immediate vicinity, contributing to the high quality of life. For example, there's an Aldi supermarket right outside the door, and two REWE supermarkets and a dm drugstore are within a 3-5 minute walk.

Location Check

Public Transport
100m
Eating Out
50m
Shopping
50m
Culture
300m
Sports
350m
Child Friendliness
100m
Health
250m
Nightlife
100m
Nature
150m

Energy

Final energy consumption
395.00 kWh/(m²a)
Energy efficiency class
H
Energy certificate type
Consumption certificate
Main energy source
Gas

PDF

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Mona Afkari