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From private owner: High-yield apartment building in prime location (fully let)
Blankeneser Landstraße 49, 22587 Hamburg (Blankenese)The apartment building on offer here, built in 1913, is located on a plot of around 616 m² in the upmarket district of Blankenese. The property comprises eight residential units with a total living space of approx. 771 m². This living space extends over three full floors and a converted attic. The floor areas of the apartments vary between approx. 44 m² and approx. 138 m².
7 of a total of 8 units are currently let. The sought-after location and the sought-after
apartment sizes ensure good rentability. The current actual
annual net cold rent is € 117,750. When fully let, you achieve an
annual net cold rent of € 144,264.
The condition of the entire property can be described as very well maintained. The entire building was extensively renovated between 2010 and 2019. All apartments received new kitchens, bathrooms, floors, windows and doors. In addition, the heating system and electrics were renewed, the building was additionally insulated and the plaster was repaired.
We would be happy to show you this exciting apartment building at a viewing appointment on site. We look forward to your call!
Are you interested in this offer?
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Object Number
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OM-314415
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Object Class
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apartment building or investment property
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Object Type
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apartment building
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Handover from
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by arrangement
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Purchase price & additional costs
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purchase price
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4.300.000 €
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Purchase additional costs
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approx. 284,751 €
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Total costs
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approx. 4,584,751 €
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Price per m²
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5,836.58 €
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Breakdown of Costs
* 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: 14,563€
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Details
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Condition
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rehabilitated
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Year of last modernization
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2019
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Number of floors
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5
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Total area
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771 m²
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Net rental income (target) p.a.
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144264 €
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Net rental income (actual) p.a.
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117750 €
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X-times rental income
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31.19
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Number of units
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8
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Flooring
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parquet
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Heating
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central heating
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Year of construction
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1913
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Equipment
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balcony, basement
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, high school, comprehensive school, public transport
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Location
The district of Blankenese, located in the Hamburg-Altona district, impresses with its exclusive location close to the Elbe and the picturesque Elbe beaches. Numerous kindergartens, primary and secondary schools are located in Blankenese, making the district particularly family-friendly.
The property offers excellent connections to Hamburg's transport network. The Blankenese S-Bahn station and the bus stop of the same name are just a few minutes' walk away. Hamburg city center and the main train station can be reached by car in around 35 minutes. Hamburg Airport is also around 35 minutes away by car.
The proximity to the famous Treppenviertel, the restaurants on the Süllberg with their impressive view of the Elbe and the Roman Garden offers a wide range of leisure activities. In addition, various renowned sports clubs are available for a wide range of leisure activities.
Location Check
Energy
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Energy certificate type
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consumption certificate
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Main energy source
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gas
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Energy consumption value
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128.40 kWh/(m²a)
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Miscellaneous
Topic portals
Send a message directly to the seller
Questions about the object? Show interest or arrange a viewing appointment?
Click here to send a message to the provider:
Offer from: Cedric Löwe
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