Apartment package with 2 renovated apartments in Hamburg Wandsbek

Object description

For sale is an attractive apartment package consisting of two completely refurbished apartments in a well-kept apartment building with a total of six residential units. Both apartments have good long-term rental potential and are ideal for investors who value solid rental income, modern fittings and stable tenant structures. A communal garden rounds off the offer and provides residents with additional outdoor recreation space.
The property is being sold exclusively as a package and by private individuals - without broker's commission.

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Apartment 1 - High-quality furnished 1-room apartment with balcony (approx. 35.5 m²)

The apartment on the 1st floor has been extensively modernized and furnished with custom-made carpentry furniture that makes optimal use of the space and creates a modern, harmonious living ambience.
The electrical installation has been completely renewed and modern data cabling has been added. Designer vinyl flooring, modern ceiling spotlights and a stylish daylight bathroom with a large shower underline the high-quality overall impression.

The modern fitted kitchen is fully equipped with brand-name appliances - including a dishwasher, fridge-freezer and integrated washer-dryer.
The spacious balcony offers plenty of room for seating, plants and a barbecue.

The apartment is being sold fully furnished - all built-in furniture, kitchen and other fixtures and fittings are already included in the purchase price.
-Total rent (all-inclusive): € 1,290 / month
-House rent: 159 € / month

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Apartment 2 - Core-renovated 2-room apartment, unfurnished (with existing tenant's kitchen)

The second apartment has also been extensively refurbished and is in a very well-kept condition. It is unfurnished and the kitchen was brought in by the current tenants.
The apartment is solidly rented and currently generates a monthly rent of €538 (no flat-rate rent).

The residential unit is particularly interesting for investors, as the rent can be significantly increased in the course of a change of tenant.

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Investment highlights
-Directly usable apartment package consisting of 2 refurbished units
-Communal garden for all residents
-Furnished premium apartment + completely refurbished 2-room apartment
-Attractive gross rental yield: approx. 3.7 % (with potential for significant increase when re-letting)
-Sale only as a package
-Private sale - no buyer's commission

This apartment is located in a quiet and green residential area at Thiedeweg 28 in Hamburg. The location offers excellent public transport connections: the nearest bus stop is about a 3-minute walk away, and the subway lines U1 and U3 can be reached either on foot in about 15 minutes or by bus after just two stops. Shopping facilities for daily needs are in the immediate vicinity and can be easily reached on foot. There are also numerous parks and green spaces in the area for relaxing walks or outdoor leisure activities. Educational facilities such as the Matthias-Claudius-Gymnasium, the Bovestraße elementary school and various daycare centers make the area particularly attractive for families. The ideal combination of tranquillity, nature and urban infrastructure!