House for sale • 274 m² without real estateObere Ohlingerstraße 31-32, , Lower Saxony

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The properties consist of a historic residential building ensemble with charm and character, with origins verifiably dating back to 1909. According to the records, further structural expansions or renovations were carried out in 1930.

The building complex presents itself as a classic old building with red facing bricks, timber-framed elements, and a historic aura typical for Lüneburg.

It is under monument protection and is therefore specifically aimed at buyers who appreciate the unique appeal of historic building fabric and are prepared to deliberately address the requirements and opportunities of monument protection.

The total living area is approximately 274 m², spread over five residential units. The plot measures about 177 m². Additionally, the property features a crawl space as well as a small backyard with two sheds that can be used for storage or as ancillary spaces.

Currently, all five residential units are rented, mostly with very long-standing tenancies. Three of the five apartments are leased to a social institution, two of which have been in place for over 20 years. The ground-floor unit has been rented to the same tenant for nearly 40 years. This provides the property with a stable and proven income situation, giving the buyer time for planning and a gradual further development.

Due to the many years of rental relationships, future tenant changes will require the planning of corresponding renovation and modernization measures, which simultaneously open up opportunities for sustainable increases in value and yield: In the course of a future re-letting, there is significant potential to raise the rent – for the ground-floor apartment, an adjustment to roughly twice the current rental level appears realistic.

Heating is provided by a gas central heating system (natural gas). The energy certificate from 2020 shows an energy efficiency class of D and an energy consumption of 118 kWh/(m²·a).

The duplex building is located in the western part of Lüneburg’s old town.

The location is characterized by quiet, predominantly residential development, which provides stable conditions for sustainable tenancy.

Lüneburg, thanks to its historic old town, Leuphana University, and its function as a regional economic center, consistently experiences high demand for housing. Particularly, traditional residential areas with good connections and proximity to the city center are among the preferred target markets for investors. Obere Ohlinger Straße meets these criteria in a special way.

The city center, the main train station, and the university are all within easy reach. In addition, the connection to the A39 ensures a swift link to Hamburg.

HAFERKAMP GMBH

Strandallee 11

23683 Scharbeutz (Haffkrug)

Phone: 04563 / 423998-0

Fax: 04563 / 423998-9

Email: info(at)haferkamp-grundbesitz.de

Managing Director: Jens-Hendrik Haferkamp

Local Court Lübeck HRB 23030 HL

VAT ID: DE304113136

Licensed activity according to § 34c (1) of the Trade Regulation Act

Supervisory Authority:

Municipality of Scharbeutz (Trade Office) · Am Bürgerhaus 2, 23683 Scharbeutz

Haferkamp Grundbesitz is a trading name of Haferkamp GmbH

Content responsible according to § 6 MDStV:

Jens-Hendrik Haferkamp