Apartment St Pölten Renovated Generous Layout Four Percent Yield

For sale is a friendly and well laid out two-room apartment in a quiet and green residential area on the edge of the city center of St. Pölten. The apartment is located on the 1st floor (no elevator), the building itself consists of only 4 residential units. Currently it is a 2-room apartment with a spacious living and dining area. This can, as shown in the plan, by the builder be separated to create an additional bedroom. The house has been fully renovated and is heated by a modern air source heat pump and underfloor heating.

The apartment is rented and can be purchased as an investment with the existing lease. The lease runs until 31.01.2028, the current net rent amounts to 989,65 Euro.

Possible yield: 4,27

TO THE APARTMENT:

You enter the spacious and sunny apartment with around 84 m² of living space on the 1st floor of the well-kept and family house via a spacious foyer of over 11 m² in size. Here, ideally a wardrobe, a shoe cabinet and a mirror can be placed. From here all rooms are accessed centrally.

Through a small corridor you reach on your right the daylight bathroom in timeless gray, which is equipped with a walk-in shower, a hand washbasin and a washing machine connection. The window faces the greenery and guarantees fresh air in the bathroom. The separate toilet with a small hand basin is located immediately next door.

After entering the apartment, on the left is the square-shaped bedroom with 15,34 m². A great layout in east orientation to position a double bed and wardrobes cleverly.

The kitchen with about 7 m² is separated from the living-dining area, but practically accessible from both the foyer and the living room.

The bright living and dining area has a magnificent size of 42 m². Here you can set up a generous dining area as well as a living area and sideboards. Due to the beautiful parquet floor, coziness will not be lacking. The extension of a balcony with 4,5 m² is basically possible. If needed, it is possible to subdivide the spacious room to create another bedroom.

In the project there are 2 parking spaces for rent at 60,00 Euro each.

All in all an ideal apartment for couples who seek family living in the green with a great connection to the A1 motorway (approx. 10 minutes). Shopping opportunities are also available nearby and easily reachable by car. It is also about 10 minutes by car to the city center.

The apartment is currently rented and can be purchased as an investment with the existing lease. The lease runs until 31.01.2028, the current net rent is 989,65 Euro.

Possible return: 4,27 %

NETTO Purchase price: 278.000,00 Euro

Net operating costs: 278,56 Euro

Repair reserve: 25,20 Euro

Net hot water and heating account: 40,71 Euro incl. VAT

Brokerage commission on the total purchase price: 3% + 20 VAT

For further questions or to arrange a viewing, please contact Frau Nina Hafenrichter at 0676 / 32 64 699 or [email protected]

We would like to point out that there exists a familial or economic close relationship between the broker and the third party to be mediated.

The broker acts as a dual agent.

Infrastructure / Distances

• Health
  • Doctor <1.500m
  • Pharmacy <1.500m
  • Clinic <2.500m
  • Hospital <2.500m
• Kinder & Schulen
  • School <1.000m
  • Kindergarten <1.500m
  • University <2.500m
  • Higher School <1.500m
• Local amenities
  • Supermarket <1.000m
  • Bakery <1.500m
  • Shopping center <1.500m
• Other
  • Bank <1.000m
  • ATM <1.500m
  • Police <1.000m
  • Post office <1.500m
• Traffic
  • Bus <500m
  • Train station <500m
  • Highway access <2.000m
  • Airport <5.000m
• Distances are as the crow flies / Source: OpenStreetMap