Berlin-Spandau is twinned with Luton but you could not buy 13 apartments in Luton for this price!!
This apartment block, built around 1900, was completely modernised during 2006. An additional two new penthouse apartments were built into the roof space and are now available to rent. The remaining 11 apartments are all tenanted.
Rental income will exceed 48,000 euros per annum offering a yield of approx. 5.9%.The total floor area is 800m2 and the plot size is 462m2.
A great investment opportunity!