4.25 % rental yield – Charming city apartment in a prime Berlin location, owner-occupation possible
10625 Berlin5th floor
At a glance
Property Description
Compact 1-room flat on the 5th floor of a well-maintained residential building in Berlin with a total of six floors – an attractive investment with a solid rental yield of approx. 4 % and, at the same time, the option for later owner-occupation.
The approximately 32 m² flat features easy-care tiled flooring, offering an uncomplicated letting situation. The property is currently reliably let and generates stable rental income. Particularly attractive: the flat can also be used for personal occupation in the future, making it suitable both as an investment and as a future city apartment or first own home in Berlin.
Further benefits at a glance:
• Lift in the building for convenient access to the upper floors as well
• Own cellar compartment for additional storage space
• Manageable monthly service charge of just €200
• Attractive Berlin property market with long-term appreciation potential
• Flexible perspective through possible owner-occupation
A solid investment opportunity in the heart of Berlin – ideal for investors who wish to benefit from ongoing rental income while retaining the option of later personal use.
Fittings
Property data
| Property types | Flat, apartment |
| Address | 10625 Berlin (Charlottenburg) |
| Floor | 5 |
| Floors in the building | 6 |
| Living space approx. | 32 m² |
| Rooms | 1 |
| Bathroom | 1 |
| Bathroom | Tub |
| Flooring | Tiles |
| Quality of fittings | standard |
| Balcony/terrace area | 4 m² |
| Cellar | Yes |
| Status | let |
| Cold rent (let) | 670,00 EUR |
| Warm rent (let) | 790,00 EUR |
| Service charge | 200.00 EUR |
| Heating type | District heating |
| Year built | 1956 |
| Condition | well-maintained |
| Buyer's commission | 3.57 % incl. statutory VAT The commission is due upon notarisation of the purchase agreement. |
| Rental yield | 4,25 % |
| Purchase price | 189,000 EUR |
| Rental income (actual) | 8,040 EUR p.a. |
Energy performance certificate
| Exhibition date | 26.06.2013 |
| Valid until | 26.05.2029 |
| Year built according to energy certificate | 1956 |
| Primary energy source | District heating |
Location
The flat is located in a sought-after part of Berlin-Charlottenburg, one of the capital's most traditional and popular districts. The surrounding area combines urban living, excellent infrastructure and a high quality of life.
Numerous shopping facilities, cafés, restaurants and service providers are located in the immediate vicinity and are conveniently accessible on foot. The popular shopping area around Wilmersdorfer Straße, as well as Kurfürstendamm with its diverse range of shops, dining and culture, are also just a few minutes away. Public transport links are excellent. Several underground, suburban rail and bus lines ensure quick access to Berlin's city centre as well as other districts. The city motorway can also be reached in a short time.
The nearby Schlosspark Charlottenburg, along with other green spaces, offers a wide range of options for walking, jogging or relaxing outdoors, ideal for leisure and recreation.
The combination of a central location, excellent infrastructure and sustained demand makes this location particularly attractive for both investors and future owner-occupiers.
10625 Berlin, Germany (view on Google Maps)
Commission, right of withdrawal and notices
>The commission is due upon notarisation of the purchase agreement.
Cancellation Policy
Right of Withdrawal
You have the right to withdraw from this contract within fourteen days without giving any reason.
The withdrawal period is fourteen days from the day the contract is concluded.
To exercise your right of withdrawal, you must inform us (L&B Immobiliya EuRus GmbH, Frankfurter Allee 18, 10247 Berlin, Tel: 030 76214976, Email: info@immobiliya.de) by means of a clear declaration (e.g. a letter sent by post or an email) of your decision to withdraw from this contract. You may use the attached model withdrawal form, although this is not obligatory.
To meet the withdrawal deadline, it is sufficient that you send your notice of the exercise of the right of withdrawal before the withdrawal period expires.
Effects of withdrawal
If you withdraw from this contract, we shall reimburse to you all payments received from you, including the costs of delivery (with the exception of the supplementary costs resulting from your choice of a type of delivery other than the least expensive type of standard delivery offered by us), without undue delay and in any event not later than fourteen days from the day on which we are informed about your decision to withdraw from this contract. We will carry out such reimbursement using the same means of payment as you used for the initial transaction, unless expressly agreed otherwise with you; in any event, you will not incur any fees as a result of such reimbursement.
