Flat for sale 3+kk • 88 m² without real estateAalborgstraße 8, , Schleswig-Holstein

Up for sale is a well-maintained 3.5-room condominium located at Aalborgstraße 8 in 24768 Rendsburg. The apartment is situated in a very well-kept residential complex with a quiet, green living environment and, thanks to its size, layout, and location, is ideally suited for long-term rental.

The unit comprises approximately 87.44 m² of living space and, with its timeless floor plan, appeals to various tenant groups. The recently renovated overall condition supports sustainable rentability while simultaneously reducing the immediate investment requirement for the buyer.

Currently rented out, the apartment is particularly aimed at capital investors looking for an already ongoing rental with predictable income. The rental agreement was concluded on attractive, contemporary terms. With a monthly net cold rent of €800.00, this works out to roughly €9.15 per m² based on the living area, establishing a solid and economically appealing base rent at the time of purchase.

Additionally, the existing lease includes a graduated rent agreement, meaning that future rent adjustments are contractually prearranged. This creates a well-calculated initial situation for buyers without the need for immediate re-letting.

Based on a purchase price of €199,000.00 and an annual net cold rent of €9,600.00, a gross rental yield of approximately 4.8% is calculated. When taking into account non-allocable costs as well as the maintenance reserve, the adjusted net yield before taxes and financing comes to about 4.2%, according to the provided calculation.

The sale is conducted directly by the owner, making the purchase commission-free. The combination of a well-maintained residential complex, a rented unit, attractive base rent, graduated lease, solid yield, and commission-free purchase makes this apartment an interesting investment property for capital investors looking to invest in a long-term rental residential property.

Located at Aalborgstraße 8 in Rendsburg’s Schleife district, the apartment benefits from a quiet, green, and established residential setting. The area offers a pleasant mix of city proximity, good infrastructure, and a natural quality of living.

Shopping opportunities, doctors, schools, kindergartens, and daily necessities are easily accessible in Rendsburg. Public transport is also available, rendering the apartment attractive for both owner-occupiers and tenants without their own vehicles.

The Rendsburg city center is quickly reachable and offers further shopping options, restaurants, services, and cultural attractions. The Kiel Canal, with its walking and recreational opportunities, is also conveniently located, further enhancing the quality of life.

Thanks to its well-connected location, there are good transport links to Kiel, Neumünster, Flensburg, and Hamburg, making the property interesting for commuters as well. The combination of quiet living, a well-maintained environment, and good accessibility makes the location particularly attractive for long-term rental.

The apartment impresses with its well-maintained, livable features and a practical floor plan. With 3.5 rooms, an additional storage room, two sanitary areas, and a balcony, it is very well suited for long-term rental to various tenant groups.

Particularly noteworthy is the fitted kitchen dating from 2010. Extensively equipped, the kitchen includes a dishwasher, washing machine, built-in fridge-freezer, as well as a stove with an extractor hood, offering a high practical value and representing a clear advantage on the rental market.

The shower room is brightly tiled and features a walk-in shower. Additionally, there is another bathroom or guest WC available, further enhancing living comfort.

Having been comprehensively renovated most recently, the apartment is presented in a well-maintained, contemporary, and modern condition. The combination of a practical layout, a well-kept appearance, and complete kitchen equipment supports sustainable rentability.

The loggia, or balcony, faces south and provides a pleasant outdoor area with views of the green living environment. The apartment also comes with its own cellar and a carport. Additionally, the property offers further shared areas such as bicycle storage rooms and additional storage facilities in the basement.

The residential complex itself is quietly located, very well maintained, and overall makes a neat and enduringly appealing impression.