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

The object is located in Gablenz/Chemnitz.

The apartment is currently being finished, but it is now largely completed and can be viewed. All remaining work is limited to installing the sanitary facilities, clearing out, and cleaning the residential unit.

The apartment is unoccupied.

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

The apartment consists of an old and a new section.

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

The apartment is excellent as an investment property, as this size and type of apartment has not been available on the Chemnitz market (except for the immediate vicinity of Sonnenberg) for several years (reason for the merger). It is also suitable for owner-occupation, for example 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). It also features a very spacious living kitchen of over 30 m².

The apartment includes a completely new shower room (with a walk-in shower) including sanitary fixtures, drywall, etc. (once completed) and an older bathroom (with a bathtub). Please note: This can still be renovated if desired, but due to costs it was not the current focus. However, we are happy to recommend craftsmen. The shower room is equipped with underfloor heating as well as radiator heating. The towel radiator was relocated to the hallway to create more space in the bathroom for larger families.

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

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

For the size and location of the apartment as well as its amenities, a net cold rent of approximately €850–975 is achievable. 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 renovation.

In all rooms except for three, the flooring was renewed and a high-quality PVC floor as well as tiles were installed. Again, if desired, we can recommend the craftsman who installed the floors. However, tiling in the upper bathroom only makes sense if the entire bathroom is tiled anew – costing around €3,000–4,000 without porcelain.

All interior doors have been replaced.

In the new section of the apartment (05), all radiators have been replaced.

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

The heating system distributors have also been serviced.

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

Due to the sloping ceilings, the apartment feels much more spacious than the stated approximately 129.76 m². In terms of ambiance, this apartment comes close to a 150–160 m² apartment.

The price is for the apartment(s) as a whole, not per square meter, since after the renovation the apartment(s) have not yet been re-measured (although they already have been commissioned). Please consider this advertisement as an image advertisement.

The building has a garden, which is currently empty (a lawn). This generous area can be well used to let your ideas unfold.

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 most popular residential areas in the city. With around 15,200 inhabitants and an area of 3.6 km², Gablenz offers a successful blend of urban life 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 quick access to the downtown area and other districts. The recently modernized, barrier-free tram route further increases the comfort for all residents.

Green oases and recreational opportunities

Between the housing estates, there are numerous green spaces and gardens that make Gablenz particularly family-friendly and livable. The nearby recreation area around the Adelsbergturm invites for walks, hiking, and cycling.

Diverse infrastructure

At the Gablenz-Center, the modern shopping center of the district, all daily necessities are conveniently accessible: supermarkets, drugstores, clothing stores, bookstores, restaurants, pharmacies, hairdressers, as well as post and bank branches are right on site. Several daycare centers, schools, and medical facilities ensure comprehensive care and services in the district.

Architecture and quality of living

Gablenz offers a varied mix of apartments – from renovated prefabricated housing estates to listed residential complexes such as the Gartenstadt Gablenzsiedlung, and modern new buildings. The Gartenstadt Gablenzsiedlung has received several awards and stands for particularly high quality of living.

Special features

Among the attractions is the neo-Gothic St. Andreas Church. The quiet, green surroundings and the 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 wants to live close to the city center yet in a quiet setting.

Standard land value/market value

According to land value assessments, the Gablenz district is in the top fifth of the Chemnitz city areas.

The future apartment will have a large storage room in the stairwell at the top and 2 basement storage compartments (05 and 07) in the basement.

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

It currently concerns the residential units 5 and 7 in the building plans. After the merger, the apartment will be designated as 5, and all rooms previously allocated under the special usage rights of 7 will be incorporated into 5.

The apartment(s) can also be purchased before the merger, since this is merely an administrative act and does not affect any direct building rights or require consideration of any building regulations. The documents are ready for submission, except for the land register extracts. So it should only take a few more days.

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

Administrative act according to § 19 VwVfG (Administrative Procedures Act)

As of today, we do not accept brokers. The only exception is a so-called intermediary purchase in order to possibly resell the unit. There will be no exclusive broker mandate. If you are a broker and can find a buyer for an investment property, please feel free to contact us. Otherwise, please spare all of us your time. Thank you.