Flat for sale 1 bedroom • 42 m² without real estateEschenweg 6, , Lower Saxony

Property Description

For sale is a well-maintained and currently rented apartment with approximately 42 m² of living space, located on Eschenweg in 38667 Bad Harzburg.

The apartment is situated on the 2nd floor of a multi-family building and is presented in a very clean and well-kept condition. It consists of a combined living/sleeping room, a separate kitchen, a spacious hallway, as well as a bathroom with shower and toilet.

Both the kitchen and the bathroom have been renovated, giving the apartment a modern and well-maintained overall impression.

A special feature of the living/sleeping area is the cozy bunk beds, which make very efficient use of the available space. Additionally, there is a high-quality, sturdy sofa bed with a steel frame that is also suitable for regular use as a sleeping option.

The separate kitchen is fully equipped for self-catering. Despite its compact size, the apartment offers everything needed for daily use.

Since the apartment is currently rented, it is particularly attractive as an investment property.

Features

The apartment includes, among other things:

• Renovated kitchen with stove/cooktop and oven

• Refrigerator

• Kettle and coffee machine

• Pots, plates, and additional kitchen utensils

• Renovated bathroom with shower and toilet

• Cozy bunk beds

• Sturdy sofa bed with a steel frame

• Sofa

• Shelves and storage options

• Spacious hallway

• Bicycle storage and connection possibility in the basement

The existing features enable the apartment to be used without significant additional furnishing efforts.

Rental & Investment

The apartment is currently rented.

The monthly cold rent amounts to €450, corresponding to an annual cold rent of €5,400. The current gross rent is €640 per month.

With a purchase price of €70,000, the calculated gross rental yield based on the current cold rent is approximately 7.7%.

Thus, the purchase price corresponds to about 13 times the current annual cold rent.

The monthly service charge is currently €171. In addition, a monthly advance payment of €130 is made for heating and hot water costs.

The apartment is located on Eschenweg in 38667 Bad Harzburg.

Bad Harzburg provides a good starting point for numerous leisure activities and excursions in the Harz Mountains. Day trips can be conveniently launched by bicycle, bus, or car from the apartment.

A bus stop is located just about a 5-minute walk from the front door, with connections available, among others, towards Braunlage.

Particularly convenient for cyclists: In the building's basement, there is an opportunity to store and connect a bicycle.

Due to its location in Bad Harzburg and its proximity to the Harz leisure facilities, the apartment is suitable both as a long-term investment and prospectively for various uses.

Energy Certificate

An energy consumption certificate is available for the building. According to the certificate, the multi-family house was built in 1971. The main energy sources are listed as natural gas and heating oil. The energy certificate is valid until September 6, 2028.

The specified final energy consumption is 119 kWh/(m²·a) and the primary energy consumption is 131 kWh/(m²·a). The building is assigned to energy efficiency class D.

The apartment is sold fully furnished and includes the existing equipment. It is completely equipped and can be taken over by the buyer without significant additional purchases.

The sale includes, among other things, the complete kitchen with electrical appliances, stove and cooktop, oven, refrigerator, kettle, and coffee machine, as well as pots, plates, and further kitchen utensils.

Also included in the sale is the existing furniture, which comprises the cozy bunk beds, a high-quality sofa bed with a sturdy steel frame—suitable for regular use, a sofa, shelves, and other items of decor.

The complete furnishing and equipment are particularly attractive for investors since the apartment is already rented and is handed over fully furnished.

The sale is conducted privately.

Since the apartment is rented, it can be acquired as an existing investment property without initial vacancy.

Viewings are possible by prior appointment. We will gladly provide further information about the apartment and the current tenancy arrangement upon serious purchase interest.