House for sale 5+1 • 130 m² without real estate, Lower Saxony

Well-maintained and rented single-family house with two living units in an attractive location in the municipality of Wardenburg / OT Hundsmühlen, only 6 km from the center of Oldenburg.

The property, built in 1918, is situated on a 596 m² plot and offers a total living area including usable space of 141.10 m² spread over two living units.

The ground floor apartment (75.01 m²) comprises a living room, bedroom, kitchen, bathroom, guest WC, office, and hallway.

The upper floor apartment (54.83 m²) offers a living room, bedroom, kitchen, bathroom, and hallway.

In the popular district of Hundsmühlen in the municipality of Wardenburg, this rented two-family house awaits you.

The setting in Hundsmühlen provides a quiet and family-friendly environment, predominantly featuring detached houses and smaller multi-family homes. At the same time, all essential facilities for daily needs, such as shopping, schools, kindergartens, day care centers, and public transportation, are accessible on foot. Thanks to its central location on the Hunte river, you can explore the beautiful surroundings on foot or by bicycle. The location combines a pleasant residential atmosphere with proximity to the city of Oldenburg and its diverse shopping, cultural, and leisure offerings.

The house, dating from 1918, was comprehensively modernized in 2011. The roof was completely renewed, exterior walls were fitted with blown insulation, the intermediate ceiling was insulated, and new entrance and room doors were installed. Some windows were replaced, and the bathrooms were modernized. On the roof, there are 4 modules of a photovoltaic system with a total output of approximately 1,600 Wp.

Due to its division into two living units, the property is particularly well-suited as an investment with ongoing rental income. It also offers interesting prospects for buyers considering long-term multi-generational living or a combination of owner-occupancy and rental.

Currently, both apartments are rented. A short-term owner occupancy of this property is not possible due to long-standing rental agreements. The current cold rent is €10,800.00, presenting an attractive potential for rental price increases within the limits permitted by law.

The building footprint on the property has not been fully utilized. It is located at the rear of the property and measures approximately 7 x 14 m.

Note on the interior photos:

The interior shots of the ground floor apartment were taken at an earlier time and serve to illustrate the layout of the rooms.