Well-appointed flat as financial investment in central location

Neukölln is one of Berlin’s most diverse and multi-cultural districts, known not least for its rich culinary scene. No wonder demand for housing is strong here. The complex at Silbersteinstrasse 47-61/Hertastrasse 4-5 was built as terraced development with 10 entranceways in 1930. Between 2015 and 2017, the façade was repainted in a warm bright hue. Work done on the property included the refurbishment of windows and roof terraces. Hallways were repainted, and the playground in the yard redone. The apartments inside range from 2 to 3.5 bedrooms and 48 to 99 sqm in size, the majority featuring tub-equipped bathrooms and balconies. Many of the apartments are tenant-occupied. Some overlook the quiet and scenic inner backyard. The apartments have gas-fired heating units, and come with basement storage lockers. The vacant units are particularly well-suited for singles and couples. For buy-to-let investors, this is a promising investment opportunity in one of Berlin’s most popular parts, offering plenty of capital appreciation potential.

Neukölln counts among Berlin’s most vibrant and hippest districts, appreciated for its bars, international restaurants, clubs but also for its cultural scene including cinemas, galleries, theatres and its sports facilities. The quarter around Silbersteinstrasse and Hertastrasse offers all of this and more. Located near the popular Schillerkiez ward, it combines a multi-ethnic retail line-up with a cosy neighbourhood ambience. Nearby parks like Tempelhofer Feld, Hasenheide, Plänterwald and Treptower Park lend themselves to all sorts of recreational and leisure activities like running, cycling, picnicking or working on your tan, while the riverbank promenades are great for taking long walks. The local transport links are excellent, the nearest underground and rapid transit station with service to Alexanderplatz or Friedrichstrasse lying within walking distance, and the next slip-road to the A100 expressway just 10 minutes away.