Full Description

Studio apartment with 7.9% yield!  Excellent, low cost, entry level, buy2let investment property in Berlin the hottest property market in Europe.  This property has an existing tenant in place for the last 10 years. 

Constructed in the early 1970's this 4th floor studio apartment is an ideal buy to let property.  This generous free-hold, and well maintained 1 roomed apartment is situated within a traffic-calmed side street of Reinickendorf.

There are many bus stops within the direct vicinity of the apartment which is 2/3 stops to the U Bahn.  To the U Bahn railway station Fr. Neumann Platz only a few minutes.  There are numerous shops within 5/10 minutes of the apartment.

KEY FEATURES - CURRENTLY LET WITH TENANT FOR THE LAST TEN YEARS

NET Rent.      €2178 per annum

NET YIELD          7.9%

Residential Location

Excellent NET Rental Yield.

Property Features: Childrens garden area, communal gardens well maintained, Lift, Balcony flat, 5 minutes by bus to the U Bahn Station of Fr. Neumann Platz.

Object Information: 1 Roomed apartment.

Free-hold flat floor space: approx. 45,42 m²

Price excludes commission of 6% plus TAX.