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Invest in a 1 room apartment in Berlin-Wedding

Ref : IN-WED-132
Area:
Wedding
Zip code: 13347
Size: 30 m²
Rooms: 1
Floor: 2
Status: Tenanted
Construction Year: 1905
Parking: No
Balcony / Terrace: No
Cellar: No
Lift: No
Energy Use (kWh/sqm/year): Bedarfsausweis
Buyer commission (incl. VAT): 7,14%
Price: € 83.000
Yield: 3,48%
Potential Yield: 3.48%
Financing from*: 221 / month
Reserved
Area : Located in the north part of Berlin, Wedding is the future developping area of Berlin thanks to it optimal location netween the city airport and center of Berlin-Mitte. After having sheltered the Turkish communities for a long time, it opened up to many cultures and attracted more and more new residents. Along the Panke River, a tributary of the Spree, the newly built docks offer many opportunities for hiking, both cycling and walking. In the heart of the area, the pleasant Volkspark Humbolthain is an islet of greenery. It hosts watchtowers dating from the Second World War, which today are visited and offer a beautiful viewpoint of the area. In summer, it is nice to take a refreshing dip in Plötzensee, a lovely lake nestled in the heart of Wedding and very popular with Berliners. Shopping lovers will also be pleased with the large shopping center in Gesundbrunnen.
Property :

  This beautiful classic Altbau property was constructed in 1905. Renovations of the facades, stairwells, landscaping of the courtyard, and technical repairs to the building’s infrastructure are underway. This tenanted one room apartment is on the 2nd floor of the back house and has a yield of 3,48%. The property is connected to the modern central district heating system. It is in the southern part of the Wedding neighborhood, one of the most developing areas in Berlin, situated north of the governmental quarter in the heart of the city. The surrounding streets are lined with beautiful buildings. Coffee shops and lifestyle venues are sprouting up in the area. Its situation in a residentially zoned area with a speed limit of 7km/hr, and immediate access to the heart of the city – Mitte – make this location a ‘best buy’ for many young families.

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