Flat for sale 5+1 • 127 m² without real estateBraunschweig Braunschweig Niedersachsen 38114

For sale is a spacious 5-room apartment with approximately 128 m² of living space in a popular location on Neustadtring in Braunschweig.

The apartment is currently rented and, due to its size, the current rental income, and its overall rather used condition, offers interesting development and value-increase potential.

Key data at a glance:

• Approximately 128 m² of living space

• 5 rooms

• Parking space

• Currently rented

• Current cold rent: €600 per month / €7,200 per year

• A rent increase can be immediately examined or implemented within the legal framework according to current assessments

• Heating provided by electric storage heaters

• Used condition with modernization potential

• Generous room layout

• Central location on Neustadtring in Braunschweig

Interesting for both investors and potential owner-occupiers

With a current cold rent of only €600 per month for approximately 128 m² of living space, the current rental rate is only around €4.69 per m². This essentially results in significant potential for rental growth. A rent increase can be examined and, if necessary, initiated immediately in compliance with the legal requirements.

For investors, there is also the possibility of obtaining a certified remaining useful life appraisal that demonstrates a shorter actual remaining useful life of the building, potentially enabling a higher annual tax depreciation (AfA). The individual tax treatment should be coordinated with the respective tax advisor.

At the same time, the apartment can also be interesting for buyers who are considering owner-occupation in the future. Cancellation due to personal use is generally possible if the legal requirements are met. According to the information available to us, the existing tenancy includes a statutory notice period of 9 months. The specific conditions and deadlines should be independently verified by the buyer.

The apartment is in a predominantly used condition. In particular, a later modernization offers the unit additional potential for an increase in value.

Heating is currently provided by electric storage heaters.

The parking space belonging to the apartment completes the offer.

Further information regarding the existing tenancy as well as the available property documents will be provided upon serious interest.

Please also let us know whether you have already discussed a financing framework with your bank. Due to the rental situation, viewings are only possible to a limited extent.

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Braunschweig, western ring area

directly on the ring