Charming 1-bedroom apartment with balcony and parking space in Wedel.

Investment property with attractive rental income – or potentially for personal use in the future.

For sale is a well-maintained 1-room apartment with approximately 39 square meters of living space, located in a popular area of Wedel. The apartment is situated in a well-maintained multi-family building built in 1960 and offers an attractive combination of living comfort and long-term value due to its practical layout, balcony, and dedicated outdoor parking space.

The apartment at a glance:
• Approximately 39 square meters of living space
• Spacious living/sleeping area
• Balcony
• Separate kitchen with fitted kitchen
• Bathroom
• Elevator in the building
• Dedicated outdoor parking space
• Well-maintained building complex
• Energy-efficiently modernized, energy efficiency class C
• Currently rented
• Ideal for investors

Attractive investment property
The apartment has been reliably rented since 2018, making it particularly suitable for buyers looking for a ready-to-rent property as a long-term investment. The current annual gross cold rent is €5,880, or €490 per month. With a purchase price of €145,000, this corresponds to a gross rental yield of approximately 4.1% – before considering purchase ancillary costs and non-reimbursable expenses. The current monthly service charges are €155, of which approximately €44 are not passed on to the tenant.

Excellent location in Wedel

The apartment is located on Rudolf-Breitscheid-Straße in 22880 Wedel. Wedel combines the advantages of a well-established town with its proximity to Hamburg, offering a good infrastructure and a variety of leisure and recreational opportunities.

The Elbe River, the surrounding area of Wedel, and numerous shops, restaurants, and everyday amenities are easily accessible.