Renovated Sunny 1 Bedroom Attic Apartment with Terrace

€ 145,444

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Property Specification

Ref: BB381
Price per m²: €2,744
Size: 53m²
Bedrooms: 1
Bathrooms: 1
Type: Penthouse
Status: Tenanted
Rent Yield: 3.23%
Year Built: 1927

1 Bedroom Penthouse in Reinickendorf


Very nice, bright 1 bedroom apartment suitable for private use or investment in Berlin Reinickendorf. The apartment was newly built 1994 in the attic of a 20s residential settlement. The apartment is very quiet because of its rear facing the street. The unit is very well maintained. It is well laid out and impresses with its light-flooded atmosphere. There is a lockable dry cellar room and the tenants have access to large, green, beautifully designed and family-friendly courtyard with children's playground. The property is 53,09 m2 and has a small roof terrace facing the south. The floors in the rooms are equipped with laminate and the walls and ceilings are wallpapered and whitewashed. From the corridor of the unit, you enter the bright living room on the left, which can be divided into a dining and living area, which also offers a pleasant view into the green inner courtyard. The kitchen is very well maintained and fully equipped elements with stove, extractor hood and single sink. The refrigerator and dishwasher are the property of the tenant. The kitchen is equipped with a white floor tiles. The bathroom with window is in a neat condition, fully tiled and equipped with a bathtub. The apartment will be rented for € 7.66 (cold) per m2 as of October 1, 2017, so the total annual rental income will be € 4,882.20 (yield: 3.36%, x factor: 29.79), The running costs of the apartment amount to 175.02 € 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.