Flat for sale 4+1 • 93 m² without real estateHamburg Stellingen Hamburg 22527

The apartment (second floor/top floor) is located in a very well-maintained residential complex with solid building quality on a remarkably large plot (6,646 m²). The garden area – partly fenced – is maintained by gardeners. The residential complex is efficiently managed by a professional property management company.

The apartment features a large south-facing balcony with an expansive awning. It also comes with a large, dry basement storage room with a metal door and 24 m² of usable space.

The complex is predominantly owner-occupied. The homeowners’ association is harmonious and peaceful. The developer of the complex was the Hamburg Rahlstedter Baugenossenschaft, which built to a very high standard (1972). For instance, the wall thickness of the masonry is an unusual 42 cm, which results in hardly any heat loss through the exterior envelope and prevents overheating of the living areas in summer. Heating costs are moderate. There is no need for energy-efficient renovations (→ energy class = D). The heating water pipes have been hydraulically balanced. There is no backlog of repairs; necessary measures have always been carried out in a timely manner. Special assessments to the owners for high-cost measures are not imminent. The reserve funds amount to over EUR 230,000 (of which the apartment’s share is EUR 5,649) and provide a good cushion for future maintenance.

This well-maintained apartment is being sold commission-free as an attractive and value-retaining capital investment. It is currently well rented after many years of owner-occupancy

(with a graduated rental contract since 06/2019, lease duration under 8 years, young tenants).

The existing tenancy ensures predictable, increasing rental income and a lucrative yield.

Any potential for owner-occupancy can be realistically planned.

The information for investors is concisely outlined below, as are all the maintenance and improvement measures carried out.

The apartment is located away from a traffic-calmed street in the popular Hamburg-Stellingen district – an area that combines urban proximity with green surroundings.

The public transport connections are excellent: several bus lines and the U-Bahn station "Hagenbecks Tierpark" are quickly accessible (16 minutes to Jungfernstieg).

The A7 motorway is very close by and runs under the Stellingen motorway deck.

Nearby, the Niendorf Gehege, the Kollau hiking trail through the meadows, the "Stellinger Schweiz," and the newly designed green areas on the A7 deck invite you to stroll and cycle.

Shopping opportunities: Stellinger Höfe, Eidelstedt shopping center, Niendorf/Tibarg.

The apartment covers 93 m² and includes 4 rooms and a balcony. The two smaller rooms can be used as a children’s room and/or a study (home office). Since the partition wall is a lightweight construction, there is the possibility of combining both rooms.

The fitted kitchen is equipped with Bosch and Siemens appliances:

a cooktop with 4 ceramic zones and an integrated extractor hood, a dishwasher, refrigerator, freezer, built-in microwave with oven, grill, convection function, hot water storage, additional lights, and sockets for telephone/TV.

There is an instantaneous water heater for the bathtub as well as a shower in the guest WC, and a towel radiator.

Two fitted closets in the hallway, a fitted wall cabinet in the living room; all radiators are new,

electrically operated, noise-dampened fans with external air in the living and bedroom, windows with triple glazing, tiles in the kitchen and bathrooms. The remaining surfaces were completely redone with parquet/multilayer oak in natural LHD in 2019.

The residential complex (6 buildings/51 apartments) has 2 laundry rooms with professional devices from Miele (washing machine, spin dryer, dryer) as well as 5 drying rooms.