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For handymen: Sternschanze 78 sqm, 7 rooms, 158,- rent, renov.bed.

Lindenallee 43, 20259 Hamburg (Eimsbüttel)
520.000 €
4
Room
78.10 m²
Living Area
Private offer
apartment

Building fabric:
Red brick multi-family house with 13 units; solid construction, gabled roof with cement tile, 12 cm prestressed concrete ceilings, 2.55 m clear ceiling height.
NO balcony, NO elevator. Decentralized water heating (instantaneous water heater).
Communal laundry room (60 sqm), bicycle cellar (24 sqm), garbage room (5 sqm), washing machine cellar (17 sqm), communal garden (267 sqm).
Modernizations in the 80s and 90s:
Thermopen windows, roofing with copper guttering and downpipes, basic plumbing and cold water risers new.
2004 - 2006 Staircase modernization:
Video intercom system, three-phase connections in the apartments,
New house and apartment entrance doors (to protection class 2).
2018/2023:
Basic leak test and energy certificate.
Heating up to date:
Still 2 flats with night storage tanks (in separate ownership); 1 flat with individual gas boiler (in the SE); 9 flats already connected to central gas boiler (owned by the heating community). This apartment can buy into the heating community (approx. €1,000).
Future heating:
A district heating connection is within sight in Marthastrasse. The WEG has decided to connect to the FW network. This is expected in 2026 and is financed.
In planning: Connection of all residential units to the fiber optic network at willy.tel, Hamburg (probably May 2025). Half of this provider is owned by the city.

Are you interested in this apartment?

Object Number
OM-267977
Object Class
apartment
Object Type
apartment
Is occupied
Vacant
Handover from
by arrangement

Purchase price & additional costs

purchase price
520.000 €
Purchase additional costs
approx. 35,575 €
Total costs
approx. 555,574 €
HOA fee
158 €

Breakdown of Costs

Purchase price 520.000 €
Real estate transfer tax 28,600 € (5.50%)
Notary costs 4,617 € (0.89%)
Land register entry 2,358 € (0.45%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,862€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.37%

Details

Condition
in need of renovation
Number of floors
4
Level
3rd floor
Usable area
10.5 m²
Bathrooms (number)
1
Bedrooms (number)
1
Flooring
other (see text)
Heating
central heating
Year of construction
1957
Equipment
garden, basement, shower bath
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, middle school, public transport

Information on equipment

The apartment is located on the 3rd floor on the right (end floor) and forms a floor unit with a 2-room apartment in the middle and a 3-room apartment on the left.
4 rooms (24, 15, 10 and 10 sqm), hallway (9 sqm), kitchen (5 sqm) and bathroom (5 sqm). A cellar room of approx. 10.5 sqm belongs to the apartment.
The apartment was only rented out once after its completion in 1957. Accordingly, it is in need of modernization (floor coverings, electrical supply, kitchen, bathroom and sanitary facilities are in need of complete renewal). In addition, the new
supply with heating. Some work has already been carried out ("stitched" settlement cracks, new cold and hot water supply). Costs are to be expected:
- Central heating (from 12' €; offer available)
- Room doors (from 2' €)
- Painting work (ceilings, walls and floors, from € 27'; quotation available)
available)
Electrics can still be taken over on site.
The buyer can therefore still have some influence on the design of the apartment and - depending on his abilities and possibilities - carry out some or all of the work himself. Still open: Design of the floors, walls, ceilings, tiling and tile work, sanitary white goods, fitted kitchen.
Current rent: € 158 (plus property tax, energy, utilities, etc.). The property tax assessment notice is available. The new property tax is only € 218 per year.
Please note! The apartment is located in an area of the social conservation ordinance. It is strongly recommended that you study the new official leaflet from the authorities on changes to the building fabric requested by purchasers: d-sozerhvo-merkblatt.pdf (hamburg.de).

Location

The building is located in a quiet side street without through traffic on the edge of the Schanzenviertel (Eimsbüttel part) with scene-typical character (bars, cafes, restaurants, etc.) in walking distance. Very central location to Alster, city center, university quarter, trade fair, harbor, St. Pauli and Altona. Accordingly, subway, suburban train, long-distance train connections and buses are available.

Location Check

Kultur
150m
Restaurants
50m
Einkaufen
100m
Nachtleben
50m

Energy

Energy efficiency class
D
Energy certificate type
demand certificate
Main energy source
gas
Final energy demand
122.60 kWh/(m²a)

Miscellaneous

Purchase price:
According to BORIS HH, the land value of the property is € 2.02 mill.
(land ready for construction, MFH, WGFZ 2.30, € 3,959/sqm, as at 1. 1. 2024). This apartment alone therefore accounts for around € 177,000 of the land. Fire insurance sum insured € 2.409 million
(as of 1. 1. 2025)
Estate agent:
Silent marketing is conceivable if there are actually interested parties.
All information to the best of our knowledge, but without guarantee for completeness and errors.

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Offer from: Herr Karp

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