Flat for sale 2+kk • 65 m² without real estateHamburg Hummelsbüttel Hamburg 22339

These well-maintained 2.5-room condominium units in Hamburg-Hummelsbüttel offer capital investors an attractive opportunity with ongoing rental income and long-term potential for rent increases.

The apartment is especially suited for buyers looking to acquire a property in Hamburg that is already leased. The existing indexed lease agreement creates a well-calculable starting point and allows for the long-term adjustment of the net cold rent in line with the development of the consumer price index.

The approximately 64.5 m² of living space are distributed over 2.5 rooms, a kitchen, a bathroom/WC, and the remaining living areas. The apartment includes its own basement room (No. 2); the garden is available for shared use.

The exterior wall of the building that belongs to the apartment has already been fitted with thermal insulation. This measure has already improved the energy efficiency of part of the building envelope.

Green Hamburg with Good Connectivity and Established Infrastructure

The apartment is located in Hamburg-Hummelsbüttel, an established and pleasantly green district in the northern part of the Hanseatic city. Hummelsbüttel combines quiet living with the benefits of a major city’s infrastructure—a combination particularly appreciated by families, couples, and those who wish to live near the city without foregoing nature and recreational opportunities.

Characteristic of Hummelsbüttel is its varied architecture that includes well-maintained single and multi-family houses, mature residential neighborhoods, and generous green spaces. Even the Free and Hanseatic City of Hamburg emphasizes the district’s special green quality: paths along the Alster and the Susebek as well as extensive natural areas shape the surroundings.

The nearby nature reserves Raakmoor and Hummelsbütteler Moore provide special leisure and recreational benefits. The approximately 33-hectare Raakmoor, with its coppice, bog areas, and minor waterways, together with the adjacent Hummelsbütteler Feldmark, offer opportunities for walks, jogging, and cycling almost right at the doorstep.

Everyday living is equally convenient. Shopping opportunities and services are available nearby; for example, EDEKA Jessen Hummelsbüttel KG is located at Hummelsbütteler Markt. There is even a daycare center right on Hummelsbütteler Hauptstraße. Additionally, schools and other daily amenities can be found in the district.

Public transport connections are provided by several bus routes with links to rapid transit stations such as Ohlsdorf and Poppenbüttel. Hummelsbüttel is well connected via the bus network to the surrounding rapid transit lines.

The location in northern Hamburg is also attractive: the city center, the airport, and the adjacent districts of the Alster Valley are easily accessible. Thus, this location combines the tranquility and high green quotient of Hummelsbüttel with the advantages of metropolitan Hamburg.

For capital investors, this creates an interesting mix of an established residential location, sound everyday infrastructure, and high recreational value—conditions that support long-term rental viability.

Overview of Features:

• Approximately 64.5 m² living area

• 2.5 rooms

• Generous living area

• Balcony

• Predominantly genuine hardwood parquet flooring

• Separate kitchen with a window

• Daylight bathroom with a bathtub and shower partition

• Spacious hallway

• Plastic windows

• Large, lockable basement room with a window

• Garden shared use

• Multi-family house with only 10 residential units

• Central heating

• One of the apartment’s exterior walls is already insulated

• Energy performance certificate, energy efficiency class E

Particularly Interesting for Capital Investors

The apartment has been rented indefinitely since 01.06.2025. The current net cold rent, after the first index adjustment, is:

  €1,133.73 monthly

  €13,604.76 annually

This currently corresponds to €17.58 per m².

The existing indexed lease agreement allows for adjustments in line with the development of the consumer price index. The first adjustment option became available on 01.06.2026. With an asking price of €329,000, this results in a current gross rental yield of approximately 4.14%.

Condominium Owners’ Community

The residential complex is professionally managed by Anke C. Harles Immobilien + Verwaltungen GmbH.

The 2025 annual statement shows communal costs for apartment No. 2 amounting to €3,517.24. The service charge was last €393.03 monthly; for 2026, maintaining the existing economic plan has been recommended.

As of 31.12.2025, the community’s repair reserve stood at €24,872.26. Costs of around €9,000 for the cladding of the defective chimney were charged to the reserve. In addition, there is a need for refurbishment of the wastewater pipeline, with currently estimated costs of approximately €13,000; according to management, the work can be postponed.

Why This Apartment?

• Rented – immediate, ongoing rental income

• €13,604.76 annual net cold rent

• Indexed lease with long-term adjustment potential

• 4.14% gross rental yield at the asking price

• Attractive Hamburg residential location

• Garden shared use

• Professional property management

• Private sale without buyer’s commission