Flat for sale 3+1 • 71 m² without real estate, Lower Saxony

This high-quality, modernized 3-room condominium apartment is located on the second upper floor of a well-maintained multi-family house in Hannover-Davenstedt and was comprehensively renovated in 2026. The apartment combines modern design with a thoughtfully arranged floor plan and is ideally suited for singles, couples, or small families.

During the renovation, among other improvements, the electrical system was completely renewed, high-quality flooring was installed, and the ceilings were lowered and fitted with modern spot and LED lighting. The bathroom was entirely redesigned and impresses with large-format porcelain stoneware tiles, a walk-in shower, and modern black fixtures.

A particular highlight is the south-facing balcony with a view of the greenery, offering exceptional living comfort. Bright rooms, premium materials, and a consistent design concept give the apartment a modern and high-quality first-occupancy feel.

The apartment offers approximately 71 m² of living space, spread over three well-proportioned rooms, a kitchen, a bathroom with a window, and a balcony. Additionally, the property includes a private cellar room as well as shared laundry and drying rooms.

The apartment is located in Hannover-Davenstedt in a quiet and green residential area. The surroundings are characterized by well-maintained multi-family houses, green spaces, and good infrastructure.

Shopping facilities, doctors, schools, kindergartens, and restaurants are in the immediate vicinity. Public transportation is also easily accessible, providing excellent connections to downtown Hannover.

The combination of peaceful living with excellent city access makes the location particularly attractive.

- First occupancy after comprehensive renovation

- New electrical system

- Modern spot lighting in all living areas

- High-quality genuine hardwood parquet

- Modern bathroom with porcelain stoneware tiles

- Black designer fixtures and switches

- South-facing balcony with views of the greenery

- Cellar room

- Shared laundry and drying room

- Bicycle cellar

- Energy efficiency class C

- Well-maintained residential complex

The condominium owners’ association benefits from a well-stocked maintenance reserve, providing a solid financial basis for future maintenance measures.

The apartment is suitable for both owner-occupiers and investors.

For investors, the property also offers attractive prospects. Comparable, high-quality renovated apartments in the immediate vicinity are currently being offered at around €14.00/m² in cold rent. This results in a possible annual cold rent of approximately €11,928 and a gross yield of around 4.10% relative to the asking price of €291,000.

Furthermore, it is possible to commission a remaining useful life appraisal for the property. After an appropriate preliminary assessment, this could lead to an increased tax depreciation (AfA) of at least 3.5%.

We are also happy to assist you with financing. The property’s financing has already been pre-assessed in principle. The final loan approval will, of course, be subject to your credit check.

Note on the energy source:

Although heating oil is listed as the energy source in the energy certificate, the residential complex is predominantly heated with gas. Heating oil is kept in reserve as an additional backup.