Rented flatshare apartment with four bedrooms and 4.70% yield, commission-free

The apartment is located on the 2nd floor of a building with a lift and has approximately 91 m² of usable space.

It is divided into

• four bedrooms of 21,00 m², 16,21 m², 15,68 m² and 13,98 m²
• bathroom
• separate WC
• an anteroom in which the kitchen and dining area are located.

Each room is accessed directly from the anteroom; there is no walk-through room.

The living areas have laminate flooring; the bathroom, WC and anteroom have tiles; heating is via a central building heating system.

The apartment was last renovated in December 2025 before the current tenants moved in and is therefore in well-kept condition.

The photographs show the condition after completion of the renovation in December 2025 and thus the unfurnished apartment before the tenants moved in.

The layout is well suited for shared flats, with four equivalent rooms, separate bathroom and WC and just under 18 m² of anteroom as a common area.

The apartment is also suitable for companies looking for accommodation for employees.

Rental situation

The apartment is rented to a shared flat of four students; the lease is limited from 01.01.2026 to 31.12.2029.

Two tenants are named on the contract; the respective parents act as guarantors.

Yield

The base rent is 1.772,73 net monthly.

Heating and hot water costs are borne by the tenant via separate advance payments and are passed through for the owner.

Deductible are operating costs of 221,42 and the reserve of 145,92, so 1.405,39 monthly or 16.864,68 annually remain.

All management costs according to the charge notice, including the reserve, are included in this.

The apartment is sold commission-free.

Based on the purchase price of 359.000, this results in a yield of 4,70%.

Taking into account incidental purchase costs of around 7%, i.e. a total investment volume of approximately 384.130, the yield is 4,39%.

The calculation assumes a purchaser entitled to input tax deduction.

If the apartment is acquired by a buyer who rents exempt from VAT, the income is higher because no VAT has to be paid on the rental income.

A full breakdown of the rent and the charge notice is available on request.

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

The broker acts as a dual agent.