Flat for sale 2 bedroom • 58 m² without real estate, Schleswig-Holstein

This condominium is located on the fourth floor of a residential and commercial building right in the heart of Rendsburg’s old town.

The building was constructed in 1919 based on the designs by the architects Joerges & Wehde. It is a solid construction with a clinker façade and a finished Berlin roof in the style of New Building. The window bands of the upper floors are grouped together in a cantilevered bay window that reaches up to the ridge; on the ground floor there is a retail area. Since March 24, 2026, the building has been listed as a cultural monument on the monument register of Schleswig-Holstein, with the protection covering the entire property.

The apartment offers about 58 m² of living space and is part of a manageable community of seven residential and commercial units. The apartment includes its own basement storage room. It has been continuously modernized in recent years and is freshly renovated, making it ready for occupancy – a layout that is equally appealing to singles and couples as well as to investors looking for a unit in high demand in the city center that can be rented out immediately.

Investments have also been made in the communal property: the windows, pipelines, and heating system have recently been comprehensively refurbished. The property is managed by a local property management company, and a caretaker service is provided.

The handover will be free of any tenancies.

Nienstadtstraße is one of Rendsburg’s most historically significant addresses. It was developed after the city fire of 1286 during the establishment of the so-called New Town and once led to the Holstentor at Obereider. The State Office for Monument Preservation now describes it as perhaps the best-preserved continuous streetscape on the old town island – a street that has maintained its historical character to this day.

The surroundings are equally diverse: gabled residential and commercial buildings from the 16th to the 19th centuries in the western section, followed by some of the oldest half-timbered houses in the city; towards the east, there are multi-story buildings from the late 19th and early 20th centuries.

Thus, the apartment is located on the old town island and in the center of Rendsburg. Shops for everyday needs, restaurants, doctors, and various downtown facilities are within walking distance, as are the river promenades along the Eider. A public parking deck is located a few buildings away on the same street and is accessible 24 hours a day.

Rendsburg is the county town of the Rendsburg-Eckernförde district, with complete infrastructure and schools of all types. The train station offers a quick ride to Kiel and Neumünster, and connections to the regional road network are available via the A210 and the B77. Both the North and Baltic Seas are within easy excursion distance.

Parking situation:

In the immediate vicinity there is the Nienstadtstraße parking deck. There, – subject to current availability and applicable conditions – a permanent parking space can be rented for an annual fee. This provides a viable long-term parking solution even in the central old town area.

- Bathroom completely renovated in 2019

- New flooring: high-quality oak-effect laminate, freshly installed

- Walls and ceilings throughout the apartment freshly painted

- Switching and socket system completely renewed

- Fitted kitchen available, with the oven replaced in 2019/2020

- Own basement storage room

- Central oil heating, consumption-based billing

- Heating costs and water consumption are read by radio – no reading appointments in the apartment

- Smoke detectors installed and maintained

- Caretaker service for the residential complex

- The building does not have an elevator.

The apartment is freshly renovated and will be delivered ready for occupancy. The existing fitted kitchen is in a usable condition and can be retained; those looking to refit in the long term will have room for personal design.

For investors

The apartment will be handed over free of tenancies and can be rented out immediately once the renovation work is completed. The initial rent can therefore be set freely at the current market level.

With a living area of about 58 m² and a market-appropriate cold rent of 12.00 to 13.00 €/m², the monthly cold rent amounts to approximately 696 to 754 €. This corresponds to an annual cold rent of about 8,352 to 9,048 € and a gross rental yield of around 5.3 to 5.7%, based on the purchase price of 159,000 €.

Approximately 88 € of the monthly service charge cannot be passed on to the tenant.

Regarding Energy Efficiency

The energy rating of 209 kWh/(m²·a) corresponds to energy efficiency class G and is not unusual for a building of this age. However, two points significantly mitigate this rating:

Firstly, the homeowner’s association has already addressed significant aspects. The windows, pipelines, and heating system have recently been comprehensively refurbished. Thus, the typically largest renovation items are no longer outstanding.

Secondly, extensive concessions apply to listed buildings under the Building Energy Act. Energetic retrofitting obligations and requirements for building components can be deviated from if their implementation would compromise the substance or the appearance of the building. The monument protection thus reduces a significant part of the pressure for energetic modernization, which unsanitized existing buildings of this age might otherwise face. The specific extent must be coordinated on a case-by-case basis with the responsible Lower Monument Protection Authority.