Other for rent in Mannheim, Germany

• Terrassen 1
• Keller

As a potential buyer, you can appreciate the charm and comfort this double-family home offers. It is spacious enough for a family, with a welcoming garden and terrace perfect for relaxation. The hobby workshop and smokehouse are just the icing on the cake for a DIY enthusiast, while the photovoltaic system and well ensure energy independence for both saving the environment and lowering utility costs. The electric roller blinds and external insulation create a pleasant living climate, with a plethora of features adding to the overall appeal of this property. Just imagine what it would be like to call this place home, where every day would have its charms.For real estate investment, this property seems like a good prospect. Aside from the advantages it offers for a comfortable lifestyle, the property's location in Mannheim, a thriving city in the Rhine-Neckar region, means it's in a promising spot for rental income. many local employers such as the Universities, Siemens, GE Oil Technology, and the Boblingen plant of trailer manufacturer Schmitz Cargobull, attract a constant stream of students, trainee and employees from various industries. Additionally, the city's infrastructure, green spaces, cultural and entertainment attractions, along with various transport links, contribute to its desirability.The estimated net rent of 1.550€ gives you an idea of the probable monthly return on investment. This figure is subject to local market conditions, such as the general state of the property, your rent level, and tenants' demand. With careful planning and good tenants, this property could prove to be a wise investment in both the short and long term.Keep in mind that the warm rent, at 1.800€ is a more realistic indicator of your potential gross income after all expenses (like taxes, maintenance and insurance) are covered, as it includes heating costs, which vary according to usage. Nevertheless, the spread between the warm and cold rents still presents a healthy profit margin for potential buyers,with the promise of increased income in the long run as the area appreciates in value.