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			TENANTED APARTMENT WITH 5.6% YIE Apartment / Flat For Sale berlin Germany EUR 66550	26/11/2008 Free Ad

This attractive one bedroom apartment is on the third floor of this modernised period building which dates back to 1905. The property was modernised in 2005 and comprises of an entrance hall; large kitchen; tiled bathroom with tub; bedroom; living room and balcony. The apartment has the added benefit of cental heating; wooden floors and a cellar. The tenanted property has an annual rental income exceeding 3700 euros which produces a yield of 5.6% (with a rent increase this could be 6.2%). THIS PROPERTY CAN BE MADE AVAILABLE WITH VACANT POSSESSION. The property is close to the attractive waterfront areas of Spandau and the historical Zitadelle fortress island and Spandau old town. Spandau town centre offers modern shopping malls; fast train services to central Berlin and a whole range of local amenities and facilities. This spacious one bedroom apartment offers excellent accommodation in a popular residential area. Alternatively the property offers an attractive yield for the investor.

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