This bright and well maintained studio apartment is located on the first floor of a modern apartment building built in 1995 and comes with both a cellar storage space and an underground parking space.
The main living room benefits from parquet flooring and an integrated fitted kitchen and views over the well-kept communal garden, with a tiled shower room and a small hallway with additional plumbing for a washing machine making up the rest of the apartment. The heating and the hot water supply are provided by a central gas heating system.
Located in this popular residential area, this apartment would make a perfect first-time investment into the Berlin property market or an affordable base in the city. We would estimate a rental value of 11-12 euros per sqm, providing a yield in the region of 4-4.5%.
You can view a short video walk-though of the apartment here: https://youtu.be/ZvkBz8sBjj4. Further information is available upon request - please get in touch now!
* Quiet residential location
* Fitted kitchen
* Parquet flooring
* Secure garage parking space
* Cellar storage space
Black Label’s international team can offer advice on all stages of property purchase, from the financial benefits of buying property in Germany to the step by step process of acquiring your new home or investment. Our team speaks fluent English, German, French and Mandarin, and works together with a team of English-speaking lawyers, notaries and mortgage brokers in Berlin.
We can provide you with a varied choice of properties to suit your needs. Just send us your search specifications, including:
- Property style
- Investment or own use
For advice on financing your Berlin property purchase, please get in touch with a member of the team. Our mortgage team is able to offer up to 70% to international clients, and our lawyers are at hand to explain the legal process of buying real estate in Germany.
Interested in letting your new Berlin property? Black Label offers management packages for both furnished and unfurnished lets, as well as a complete design and furnishing service tailored to your style. Get in touch with us or stop by the office for more information.
The apartment is located in a quiet street in Niederschönhausen which is part of the northern Berlin district of Pankow. This urban area is characterized by old villas and apartment buildings from the turn of the century.
In the immediate vicinity of the apartment is the Schönhausen castle with its popular park, Pankow’s open-air swimming pool, and Brosepark. Numerous shops, restaurants, cafes and doctors surgeries are within walking distance. Schools and nurseries are also nearby.
The M1 tram line runs from nearby Bundesstrasse, providing a direct link to the S2, 8 and 85 and U2 services from Pankow station in just 12 minutes,
The displayed property location is approximate