Flat for sale 2 bedroom • 62 m² without real estate, Lower Saxony

(This apartment is sold privately – without any additional broker fees)!

Welcome to your new home or your secure, long-term investment! This excellently laid out 2-room apartment is located on the 6th floor of a well-maintained multi-family house (built in 1975) on Hinrichsring, right on the border between the popular neighborhoods List and Vahrenwald.

On approximately 61.56 m² of living space, you will find a perfectly designed layout. The heart of the apartment is the spacious living and dining area, which is finished with charming real wood strip parquet. From here, you can access the covered balcony (loggia), which offers you an unobstructed, sweeping view of lush greenery. From the central hallway, the quiet bedroom, the separate kitchen with a large window, and the functional bathroom (including a connection for a washing machine) are easily reached.

Future-proof & value-enhancing: The apartment has been rented to an absolutely reliable and loyal tenant for 20 years, who always pays her rent on time. Particularly attractive for investors: The owners’ association has already approved a comprehensive energy/technical modernization of the building (complete pipe renovation and elevator renewal). The measures will be implemented immediately after the final tender summary. The planned renovation costs are estimated to be between €25,000 and €35,000.

This value-enhancing measure is not included in the purchase price (amounting to €99,500) and will be financed by the owners’ association through a smart, short-term financing plan. As the buyer, you will not initially need to provide additional equity; however, once complete, you secure a very good increase in value per square meter!

The property impresses with its dream location in 30177 Hanover (List). Here you live in peace, close to nature, yet perfectly connected to urban life.

Nature & leisure right at your door: The residential complex borders directly on the idyllic green strips of the Mittelland Canal, and it is also in the immediate vicinity of the Eilenriede forest. Whether it’s a walk, jogging, a bike ride by the water, or simply relaxing hours in the Eilenriede and the adjacent park – the recreational value is unmatched.

Perfect infrastructure & local amenities: For your daily shopping, you have a wide selection: all well-known discount stores are just a few minutes’ walk away, and various service providers, doctors, and cozy restaurants are in the immediate neighborhood.

Excellent transport connections: The Stadtbahn stop “Spannhagengarten” (Podbielskistraße) is reachable on foot in just a few minutes. From there, frequent tram and bus lines take you directly to the center of Hanover or the main train station in roughly 10 minutes. You are also perfectly connected by car via Podbielskistraße or Messeschnellweg to the highways A2 and A7.

The apartment is characterized by its solid structure and has potential to perfectly meet modern living standards. The attached visualizations (“example furnishing”) impressively show how the rooms can be transformed into a stylish, contemporary, and comfortable home with modern furniture and fresh colors.

Living/Dining Room: A spacious, bright layout with exquisite real wood strip parquet. It effortlessly accommodates a cozy seating area as well as a large, separate dining table. A large window front provides direct access to the loggia.

Balcony (Loggia): Covered and protected, with ample space for balcony furniture and a wonderful view of the park-like surroundings.

Bedroom: Quietly located, with plenty of space for a large double bed and a spacious wardrobe for optimal storage.

Kitchen: A separate kitchen with light tiles, a large window, and connections for a modern built-in kitchen as well as for a washing machine.

Bathroom: Equipped with a bathtub, washing machine connection, tiles, and an integrated ventilation system. Currently designed to be barrier-reduced with handrails – ideal as a basis for a modern renovation.

Hallway/Entrance: A spacious entrance area with an easy-to-maintain tiled floor and plenty of room for a wardrobe.

Building: Barrier-free and accessible for people with disabilities, featuring two passenger elevators directly servicing the residential floors, a well-maintained staircase, an intercom system, and bicycle parking spaces right at and within the building.

Renovation Bonus (Future Security): The building will soon undergo a comprehensive upgrade. The upcoming pipe renovation (hot/cold fresh water, wastewater) and modernization of the two passenger elevators will elevate the entire residential complex to a new, modern level and secure long-term value.

Very good investment opportunity with tax advantages! (And that without broker fees)!

This property is being sold with tenants in place and is also very well suited for capital investors. For 20 years, an elderly lady has lived in the apartment under an un-terminated, harmonious tenancy. She is an exemplary tenant who always pays her rent on time.

The modernization approved by the owners’ association (pipe and elevator renovation) offers you, as the buyer, significant economic benefits:

• The measure will be financed collectively over a short, manageable period. Thus, at the time of purchase, you only need to pay the purchase price without having to set aside additional cash.

• Maximum tax advantage (depreciation – AfA): You can very favorably claim the renovation costs for tax purposes within the “rental income” category. These depreciation allowances can significantly reduce your personal tax burden.

• Immediate value increase: While you purchase the apartment at an attractive entry price, the impending renovation will cause the actual market value and the price per square meter of the property to leap upward once the work is completed. Essentially, you are buying in the value increase directly!

All of this is combined with reliability (20 years of a top tenant) along with a genuine tax and value-enhancing lever.

Please understand that, to protect the tenant’s privacy, viewings will only be arranged for serious purchase inquiries and after timely coordination. I look forward to hearing from you! Direct contact at Tel. 0176 - 20216988.