Flat for sale • 130 m² without real estateChemnitz Gablenz Sachsen 09126

Here is the translation of the text enclosed in the tag into English:

The property is located in Gablenz/Chemnitz.

The apartment is currently being finished, but is now largely completed and can be viewed. All remaining work is limited to minor cosmetic tasks, clearing out, and cleaning the living unit.

The apartment is unoccupied.

The apartment is currently being merged from two apartments (WE05 and WE07).

The apartment has an old section and a new section.

The old section (approximately 1/3) has been renovated. The new sections (approximately 2/3) have been completely redesigned. You are welcome to see this during a viewing.

The apartment is excellent as an investment property because there has not been an apartment of this size and type on the Chemnitz market (excluding the close combat area of Sonnenberg) for several years (this is the reason for the merger). It is also possible to use it for self-occupation, e.g. for larger families or families with home office needs. Even a change of use to a holiday apartment/KZVM should very likely be possible.

The apartment has four normally sized bedrooms and one smaller bedroom (office). There is a very spacious open-plan kitchen and living area with over 30 m².

The apartment features a completely new shower room (with a walk-in shower) including sanitary facilities, drywall work, etc. (once completed) and an older bathroom (with a bathtub). Note: This can, of course, be renovated, but due to costs, that was not the focus at the moment. However, we are happy to recommend craftsmen. The shower room is equipped with both underfloor heating and radiator heating. The towel radiator has been moved into the hallway in order to create more space in the bathroom for larger families.

With the two bathrooms, the washing machine connection can be used flexibly (available twice).

The upper (older) bathroom is equipped with an exhaust system, and the lower (new) bathroom has a large window.

For the size and location of the apartment as well as its equipment, approximately €850–975 net cold rent can be achieved. This results in a gross rental yield between 5.37% and 6.16%. It should be no problem to rent out this apartment after the conversion.

Except for three rooms, in all other rooms the flooring has been replaced with high-quality PVC flooring and tiles. We can also recommend the craftsman who laid the floors, if desired. However, tiling in the upper bathroom only makes sense if the entire bathroom is re-tiled – €3,000–4,000 excluding porcelain.

All interior doors have been replaced.

In the new part of the apartment (05), all radiators have been renewed.

In the old part of the apartment (07), all radiators have been serviced.

The distribution units for the heating systems have also been serviced.

In both units, new light switches and outlets have been installed to achieve a uniform look.

Thanks to the sloping ceilings, the apartment is much more spacious than the stated approximately 129.76 m². In terms of atmosphere, this apartment closely resembles a 150–160 m² apartment.

The price of the apartment applies to the apartment(s) as a whole, not per square meter, since the apartment(s) have not been re-measured after the conversion (although this has already been commissioned). Please consider this advertisement as an image advertisement.

The building has a garden, which is currently empty (a meadow). This generous area can be well used to spread out.

With the purchase of the units, you acquire 348.46 shares of 1,000.

Chemnitz-Gablenz

The Gablenz district is located in the southeast of Chemnitz and is one of the city’s most popular residential areas. With around 15,200 residents and an area of 3.6 km², Gablenz offers a successful blend of urban living and plenty of greenery.

Central location and optimal transport connections

Gablenz impresses with its convenient location: Tram line 5 as well as several bus lines (including 43, 62, 72, 82A/82B, N13) ensure a fast connection to the city center and other districts. The recently modernized, barrier-free tram route further increases comfort for all residents.

Green oases and recreational opportunities

Between the residential areas you’ll find numerous green spaces and gardens that make Gablenz especially family-friendly and liveable. The nearby recreation area around the Adelsbergturm invites you to walk, hike, or cycle.

Diverse infrastructure

At the Gablenz-Center, the modern shopping centre of the district, all daily necessities are easily accessible: supermarkets, drugstores, clothing shops, bookstores, eateries, pharmacies, hairdressers, post offices, and bank branches are all right on-site. Several daycare centres, schools, and medical facilities ensure comprehensive care and supply in the district.

Architecture and living quality

Gablenz offers a varied mix of apartments – from renovated prefabricated housing estates to listed residential complexes like the Gablenz Garden City settlement and modern new buildings. The Gablenz Garden City settlement has received several awards and stands for particularly high living quality.

Special features

Among the sights is the neo-Gothic St. Andreas Church. The quiet, green surroundings and good infrastructure make Gablenz an attractive address for singles, couples, and families alike.

Conclusion

Gablenz stands for urban living in a green environment with excellent infrastructure and superb connectivity – ideal for anyone who wishes to live centrally yet in a quiet area.

Standard land value/market value

According to standard land value, the Gablenz district belongs to the top fifth of Chemnitz’s urban areas.

The future apartment has a large storage room in the top stairwell (approx. 6.5 m²) and 2 cellar compartments (05 and 07, each approx. 6 m²) in the basement.

The future living unit is accessible today – and in the future – via 3 stairwell doors.

It currently concerns living units 5 and 7 in the building plans. After the merger, the apartment will be designated as unit 5 and all rooms that are currently allocated to unit 7 under the right of exclusive use will in the future be part of unit 5.

The apartment(s) can also be purchased before the merger, as this is only an administrative act and does not affect any building rights or require any specific building compliance. The documents are complete apart from the land registry extracts.

The apartments are located on the 2nd floor and in the attic.

Administrative act pursuant to § 19 VwVfG (Administrative Procedure Act)

As of today, we are not working with any brokers. The only exception is a so-called interim purchase, in order to potentially resell the unit. There will be no exclusive broker mandate. If you are a broker and have a buyer looking for an investment property, please feel free to get in touch.