Search Fehmarn Search Why Germany Why Fehmarn


Forum
News
Berlin Regions
Register
About Us
Our Service
Contact Us
Apply for a mortgage
Become an agent
Seminars

French leaseback property

Telephone
+44 (0) 7980032610



Attractive high yield

main development picture from berlin property
Front of building
11 more photos 

Donaustr
Germany,Neukölln ,Berlin

3 rooms - 86 sqm - 84,000 EUR (was 94,000)
Ground floor
Good tenants currently paying 600 EUR cold
Existing transferrable mortgage of 72,000 EUR

Commission : 4.5%

Year of construction : 1897
Year of renovation :
Price per sqm : 976
Cold rent yield8.57 %

Status: Available

currency converter

 Enquire about this property 





An excellent, spacious, ground floor apartment in central Neukoelln. This two bedroom apartment offers completely renovated accommodation comprising of separate, tiled bathroom; fitted kitchen; living room and two further bedrooms. The property has the benefit of central heating, freshly sanded parquet flooring throughout and a cellar. The apartment is located in a good, corner plot, Altbau building built in 1897. A number of period pieces have been retained.

It is located in a quiet residential area between the two main thoroughfares in Neukoelln (Sonnenallee and Karl-Marx-Strasse) which offers excellent local facilities and amenities. The nearest underground rail station (Rathaus Neukoelln) is at approximately 300 metres. The court house is within 1 minutes walk. The unit can also be used as a commercial premises and because of the location and position of the building would be suitable for a number of uses, for example a legal office or general practice.

The apartment had been completely renovated and the facade has been renewed. There is no renovation backlog! The floor plan uses the space well as the hall is not long and rooms well organised. The old doors are high.

There is an existing mortgage on the property which can be taken over by the new buyer (if required). Mortgage value is 72,000 EUR. Rate is 5.2%. Mortgage ends 30/9/14.