Flat for sale 3+1 • 99 m² without real estate, Lower Saxony

The rented 3-room apartment is located on the raised ground floor of a quiet side street in the middle of Südstadt. It is part of a friendly homeowners’ community of eight units. The front of the building is faced with clinker bricks. At the rear, the balcony and a bedroom overlook a very quiet inner courtyard. The balcony is accessible from both this bedroom and the kitchen. A sliding door between the living room and the bedroom is currently locked but can be opened. The bathroom has a large window facing the inner courtyard, and the toilet is separate.

Südstadt is one of the most attractive residential areas in Hanover. Shops, cafes, and schools can be reached quickly on foot. The area is very well connected with bike paths – you’re only two minutes from Maschsee, nine minutes from the city center, and three minutes from the Eilenriede city forest. The nearest bus stop is a three-minute walk, and the subway is about 10 minutes away. Street parking is available.

The apartment comes equipped with a well-maintained, fully functional kitchen and a tiled bathroom with an electric instantaneous water heater. In the hallway, there are built-in cabinets made of dark wood. The entrance door can be opened from the apartment via an intercom system. Additionally, the apartment includes a basement storage room and a storage cupboard in the attic. The windows were energetically updated in 2011. The garden is available for use by all co-owners.

Operating costs amount to €3,233 per year, of which €1,050 is for heating. The contribution to the repair reserve is €1,462 per year, and the current balance of the repair reserve is €12,411. (All figures are from 2025.)

The apartment is currently occupied by a 62-year-old tenant who commutes to her workplace located 32 kilometers away. The statutory notice period is nine months, and the current base rent is €833.75 per month. The building has consisted of condominiums since it was built in 1961, and the seller has owned the apartment for 39 years.

The apartment includes a floor area of 99 square meters, corresponding to €74,197 (land value 2025).

The stated price is a non-binding basis for negotiation. The actual price may vary up or down. The apartment is offered at a very attractive price because it is rented. Should the apartment become vacant before the sale, the basis for negotiation will increase by 20 percent.

No brokerage fees apply.