Rented 3-room apartment with potential for appreciation.

The apartment for sale was completely renovated in 2023, including a new bathroom with natural light and new electrical wiring.
The 81 square meter living space is divided into 3 rooms plus a kitchen, bathroom, hallway, and balcony. Currently, the apartment is rented out for a net cold rent of €635.
The homeowners' association has already approved a comprehensive energy-efficient renovation of the entire building, which will be carried out shortly. The estimated costs for this renovation are already included in the specified service charge. This renovation will significantly increase the value of the property and offers the possibility of generating higher rental income, or it will increase the living comfort for owner-occupiers.

The apartment is located in the popular Elzwegviertel, just under 1 km from the Helmstedt marketplace (12 minutes walk). Shopping facilities, kindergarten and elementary school, as well as pharmacy and doctors are available in the immediate vicinity.

Helmstedt, the county seat of Lower Saxony, is located in the middle of the Elm-Lappwald Nature Park, about 36 km east of Braunschweig and about 45 km west of Magdeburg on the border with Saxony-Anhalt. The town offers a historical center and numerous excursion destinations nearby as well as a good infrastructure.
You are very well connected via the surrounding state and federal highways such as the A2. Braunschweig, Magdeburg and Wolfsburg can be reached by car in half an hour.