Description:

Black label are excited to be selling 21 apartments in this iconic piece of architecture in the Reinickendorf district of Berlin. The building, which is unmistakably huge and runs from numbers 6 to 36 on Letteallee, is painted a peachy shade of pink and features a classic Berlin 'altbau' style paneled exterior on the ground floor (although built in the 1950s). Together with the beautifully shaped loggias and cream edgings, the building has an endearing fairytale appearance.

The interior of the apartments is also well presented, with simple colours, painted floors and original doors. The original large windows also remain, which ensure a good flow of light into the rooms. The bedrooms / living rooms that open onto a loggia have lovely tall 'altbau' double doors painted white. Although most of the interior is fairly modernized, the new owner may need to update the kitchen.

This second floor apartment has one bedroom along with a second room which could be used either as another bedroom or as an office/livingspace, as well as a large living area and a kitchen which opens on to a loggia.

The Pink House is situated on Letteallee in Reinickendorf, which is just north of Berlin's city centre. Letteallee is an attractive tree-lined street with mostly residential properties. Franz-Neumann-Platz (U8) is a one minute walk away and will take you into the centre of Berlin in 10-15 minutes. At one end of it there is the station, a small lake and a few cafes, and at the other end it meets some shops and a supermarket. Schillerpark is just a 5 minute walk away with the historic Schiller memorial and steps, and the Englisches Viertel (english quarter) is also close by - you can see street names like Bristol Strasse and Londoner Strasse.

Please note that the apartments are all currently tenanted - if you have any questions about buying tenanted property in Berlin, please don't hesitate to contact us. The property is a superb investment opportunity but would also be entirely suitable for self-usage.

If you wish to finance your Berlin property purchase we can broker finance for you with local banks. Any questions that may arise during a real estate purchase are best answered in a personal meeting. You can send us your searching spec, including:

- property details:

- budget:

- location:

- the time you are planning to be in Berlin

We can arrange a meeting with you and show you the property and the current Berlin listings suiting your spec. Feel free to contact us anytime with any questions or concerns.

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* 1950s character building
* second floor flat
* unique pink exterior
* building has fairytale loggia
* two bedrooms
* investment opportunity
* original doors and windows
* incredible value compared to similar properties
* U-Bahn Franz-Neumann-Platz 1 min walk
* city centre 15 mins by train
* Schillerpark 5 min walk
* tree lined street
* current rent 452.79€ per month
* yield 2.79% (possible increase to 3.6%)
* 69.66 sqm