Light and Renovated 1-Bedroom Apartment with Terrace

€ 161,702

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Property Specification

Ref: BB380
Price per m²: €2,994
Size: 55m²
Bedrooms: 1
Type: Penthouse
Status: Tenanted
Rent Yield: 3.33%
Year Built: 1994

1 Bedroom Penthouse in Reinickendorf

Description

This 1-bedroom apartment is very calm thanks to its location next to a park. The object is perfectly designed and enjoys a light-flooded atmosphere. There is a lockable dry cellar room and tenants have access to a beautiful, large, family-friendly courtyard with a children's playground. The property is around 54.54 m2 in size and has a large south facing Sun terrace. The floors in the rooms are partly laminate and PVC and the walls / ceilings are wallpapered. From the hallway you reach the bright living room, which can be subdivided into a dining and living area. In addition you enjoy a pleasant view to the green garden. The Kitchen is very well maintained with fitted cabinets with stove, hood and a single sink. The Dishwasher and refrigerator are provided by tenants. The floor of the kitchen is white tiled and the space provides ample space for a dining table. The modern white tiled bathroom to the right is in a neat condition, and equipped with a bathtub. Here a washing machine can also be placed. The apartment will be rented for an amount of € 8.46 (cold) per m2 as of 1 October 2017, thus the total annual rental income is € 5,534.52 (yield: 3.42%, x-factor: 29.22). The running costs of the Apartment amount to 221.75 € per month (including maintenance reserve).

About Reinickendorf, Berlin

Located in the green north-west of Berlin, the Reinickendorf district offers both idyllic rural and urban flair with excellent infrastructure. The property is located in the southern part of the district, adjacent to the districts Wedding and Pankow, directly on the U8 underground line. Despite the quiet location there are in close proximity schools, day-care centers, doctors and many shopping opportunities. The area is surrounded by sports centers. Also the newly renovated Paracelsus bath is in the immediate vicinity. With the Tegeler See and the Tegeler Forst, the district has large water areas and green spaces, which occupy more than a quarter of the district area - an absolute record in Berlin. Thanks to the 23 buses, three S-Bahn lines and two subway lines as well as the Stadtautobahn A 111 the paths in Reinickendorf are short, in a few minutes you can easily reach the inner city of Berlin.