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French leaseback property

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Good Pankow location - proposed high quality refurbishment

main development picture from berlin property
Proposed terrace
7 more photos 

Skladanowskystr
Germany,Pankow ,Berlin

2 bedrooms - 63 sqm - 109,900 EUR
Ground floor with terrace
Extensive high quality refurbishment proposed

Commission : 4.5%

Year of construction : 1997
Year of renovation :
Price per sqm : 1744
Cold rent yield 6.20 %

Status: Available

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Well designed building with low heat requirement. There are 5 apartments in the building. The apartment is very bright (light flooded). It has a terrace overlooking a large 80 sqm garden. There is a shed for additional storage. It is currently in good condition. Nevertheless the owner has included a proposal for new works to the apartment to make it particularly high quality. You can see the actual and proposed pictures.

The work is to include: removing the bathroom wall, making a new work or wardrobe area, fitting a new kitchen (pictured), fittings and fixtures to be renewed, new tiles, new bathroom door, make the terrace barrier free, red wood flooring, complete repainting, new handles, bathroom and itchen taps and all work to be properly planned and controlled. Total cost will be 25,609 EUR (which includes VAT).

The apartment has under-floor heating and large windows. Beside the M1 tram line and close to the B96. In immediate proximity are post office, shops, civic centres. It is a green, quiet, established location. Energy document can be provided. Owner can obviously buy without the proposed refurbishment.