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FREE OF PROVISION: Refurbished, centrally located condominium, fully let, 4.1 % yield
Stephanstraße 2, 22047 Hamburg (Wandsbek)The condominium on offer is located at Stephanstraße 2, Hamburg-Wandsbek, and was extensively renovated in 2023. It is located on the 3rd floor of a well-kept apartment building built in 1973. With a living space of 45 m² and 1.5 rooms, it offers an attractive home for tenants. The apartment is currently let to a solvent tenant and achieves a rental yield of 4.1%. Thanks to its central location and good public transport connections, this property is ideal as a long-term investment.
Are you interested in this apartment?
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Object Number
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OM-314925
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Object Class
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apartment
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Object Type
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apartment
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Is occupied
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Occupied
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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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215.000 €
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Purchase additional costs
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approx. 15,177 €
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Total costs
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approx. 230,177 €
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HOA fee
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180 €
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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: 755€
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Details
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Condition
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rehabilitated
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Number of floors
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4
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Level
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3rd floor
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Usable area
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6 m²
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Flooring
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vinyl / PVC
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Heating
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central heating
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Year of construction
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1972
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Equipment
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balcony, fitted kitchen
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Information on equipment
The apartment has been extensively modernized:
- All walls were newly wallpapered and painted white
- Replacement of the doors and frames
- Complete renewal of the electrical installation including sockets according to VDE standard
- The bathroom was completely renovated and fitted with new tiles, ceramics and fittings
- High-quality, water-resistant vinyl flooring was laid throughout the apartment, including in the kitchen and bathroom
- A fitted kitchen was installed
Location
The apartment is centrally located in Hamburg-Wandsbek, just a few minutes' walk from shopping facilities and public transport. Green and recreational areas are also within walking distance, making the location attractive not only for tenants but also for investors. The nearby transport links allow quick access to Hamburg city center and other parts of the city.
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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oil
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Energy consumption value
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171.00 kWh/(m²a)
Energy consumption for hot water included |
Grundriss
Energieausweis
Miscellaneous
The property is rented commission-free and to a reliable tenant, so you benefit from immediate rental income. There are no further investments or maintenance costs as the apartment has been completely renovated. The purchase price is € 215,000 with a gross rental yield of 4.1 %. The monthly basic rent is € 730.00, plus € 120.00 in advance for operating and ancillary costs.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
Send a message directly to the seller
Questions about this apartment? Show interest or arrange a viewing appointment?
Click here to send a message to the provider:
Offer from: Torben Schulthoff
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