Clever Buy-to-Let Investment in Berlin-Friedrichshain: Bright Studio Flat with Compact Layout
10247 Berlin - Friedrichshain
Condo nr: 1150-29
Category: Apartment / Mezzanine floor
Built in: 1987
Rent: 308,16 €
1 Rooms | 43.3 m² | 187.900,00 €
Type of heating: Central heating
Type of energy source: Gas
Type of energy pass: Requirement certificate
Energy specific value: 178.00 kWh/m²a
Energy with hot water: No
Energy efficiency class: F
Certificate valid until: 21.06.2024
Frau Gesche Tang
|Scharnweberstraße 14a||1. floor||1150-4||3||67,23 sqm||269.900,00 €||available||hired out||★ Show Groundplan Inquiry|
|Weichselstraße 7a||1. floor||1150-20||2||55,02 sqm||249.900,00 €||available||hired out||★ Show Groundplan Inquiry|
|Weichselstraße 7b||1. floor||1150-32||1.5||48,87 sqm||214.900,00 €||available||hired out||★ Show Groundplan Inquiry|
|Weichselstraße 7a||3. floor||1150-24||2||55,85 sqm||219.900,00 €||available||hired out||★ Show Groundplan Inquiry|
|Weichselstraße 7b||3. floor||1150-36||1.5||49,93 sqm||199.900,00 €||available||hired out||★ Show Groundplan Inquiry|
|Scharnweberstraße 14a||4. floor||1150-15||2||52,05 sqm||199.900,00 €||available||hired out||★ Show Groundplan Inquiry|
|Weichselstraße 7b||4. floor||1150-37||2||49,18 sqm||189.900,00 €||available||hired out||★ Show Groundplan Inquiry|
|Weichselstraße 7a||5. floor||1150-29||1||43,30 sqm||187.900,00 €||available||hired out||★ Show Groundplan Inquiry|
Situated barely 200 metres from bustling Frankfurter Allee, this large multi-dwelling unit on the corner of Scharnweberstrasse and Weichselstrasse in Berlin-Friedrichshain offers quiet living in a central location. A total of 40 residential units on five floors here at Trave Quartier are ready for new owners who wish to make their dreams of a buy-to-let investment in this trendy quarter in Berlin come true.
Following its façade refurbishment, the building from 1987 will soon shine in a cream-coloured hue with light brown highlights that will present the building’s language of form to advantage. The lower section of the house will moreover be decorated in artful designs that pay homage to the spirit of the city and the popular locality. Floor plans with footprints of 42 to 68 square metres and with clever arrangements of their 1 to 3 bedrooms give you plenty of space to implement your ideas.
Trave Quartier combines a high location quality with dwelling sizes that are very much in demand: Compact studio flats with combined living and sleeping areas provide singles, students or young couples with ample space to spread out. In the 2-bedroom flats, the dining room connects to kitchen and living room, creating a spacious area that is conducive to spending time together. Families with children are optimally served by one of the 3-bedroom flats with their generously proportioned living room plus open-plan kitchen along with a bedroom and a child’s room.
Some of the residential units come with balconies. The multi-dwelling unit is accessed via three entranceways and heated by a central heating system. The rear of the building overlooks the green inner courtyard, which includes a bicycle parking space.
Drone footage: https://youtu.be/PvgIpKp-WPo
Example Apartment unfurnitured: https://youtu.be/-pihbA1q-_U
Example Apartment furnitured: https://youtu.be/frdeW51kj6M
Located on a quiet block and yet in the heart of this hip quarter, the Trave Quartier complex on the corner of Scharnweberstrasse and Weichselstrasse in Friedrichshain will tempt you with its proximity to culinary finesse, green sanctuaries and a close-knit community. You will also find bakeries, cafés, bars and restaurants in the immediate vicinity here, halfway between the localities of Victoriastadt and Samariterviertel. Life in the neighbourhood is enhanced by the green spaces that you encounter everywhere, for instance on Traveplatz or Boxhagener Platz. The latter square hosts periodic street markets on weekends that stock not just fresh produce but also antiques and other pre-used goods that locals and visitors love to pick through. Perhaps the best way to get a feeling for the quarter’s ambience is to walk through its small side streets.
Whenever you need to do some serious shopping without wanting to leave Friedrichshain, you will find an exhaustive retail line-up in the shopping centres Ring-Center II + III, which extend over 45,200 square metres of sales area. Your convenience shopping needs, by contrast, are covered by the small stores in the Trave Kiez neighbourhood. Several medical centres, gyms, banks and cultural institutions such as the b-ware are close at hand. The Ladenkino boutique cinema and the central borough library Pablo Neruda complement the spectrum.
Thanks to an eponymous tram station just two minutes away from the residential property, the entire city is within convenient reach. For it is only 500 metres to the Frankfurter Allee rapid transit and underground stop which is served by the S8 and S85 lines as well as the circle line, and which thus provides access to the entire public transport network of Berlin. It is the most carefree way to head to the town centre with all its amenities, including sights like the famous East Side Gallery on the bank of the River Spree.
Information on Berlin’s -Rent Cap- Rent Control Measure
The contractually agreed net rent for the apartment is EUR 475/month.
Please note, however, that Berlin’s new law re-regulating the statutory provisions governing rent ceilings (MietenWoG Bln; hereinafter -the Rent Cap-) became effective on 23 February 2020. Unless declared unconstitutional, void or ineffective by a court of law, the Rent Cap will remain in effect for an initial period of five years. Assuming the effectiveness of the Rent Cap, the basic net rent without service charges for this apartment is
- from 23/02/2020 until 22/11/2020: EUR 475/month,
- as of 23/11/2020: EUR 308,16/month.
In the event, however, that the Rent Cap is ruled unconstitutional, void or ineffective, the basic net rent without service charges originally agreed in the lease agreement will continue to apply. In fact, the basic net rent without service charges as agreed in the lease agreement may even apply if the Rent Cap is ruled partially unconstitutional, void or ineffective, and will apply again once the Rent Cap expires or becomes ineffective. Please seek legal advice in this matter. For more details on the subject, go to the homepage of the Senate Department for Urban Development and Housing: https://mietendeckel.berlin.de, but be advised that we assume no liability whatsoever for the contents on that website.
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