- Immobilien
- Niedersachsen
- Kreis Braunschweig
- Braunschweig
- Investment at a top price: 3 rooms + balcony, completely renovated, energy class B
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Investment at a top price: 3 rooms + balcony, completely renovated, energy class B
Erdkamp 1, 38110 Braunschweig (Waggum) – NiedersachsenAttractive, completely refurbished 3-room apartment on the 1st floor of a solidly built apartment building (built in 1966) in Braunschweig-Waggum. The apartment has been let for the first time since 05/2024 after renovation and is in first-class condition. Ideal as a solid capital investment with stable rental income.
690,00€ net cold rent / 8280,00€ annual net cold rent
Key data
Address: Erdkamp, 38110 Braunschweig-Waggum
Living space: approx. 53 m²
Rooms: 3
Floor: 1st floor
Year of construction: 1966 (solid construction)
Basic rent: 690 € per month
Net annual rent: € 8,280
House rent: approx. € 226 per month (incl. ground rent)
Leasehold: term until 2060
Ground rent: only € 11.63 per month
Energy efficiency class: B
Are you interested in this apartment?
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Object Number
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OM-424544
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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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Immediately
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Purchase price & additional costs
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purchase price
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99.900 €
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Purchase additional costs
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approx. 6,859 €
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Total costs
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approx. 106,758 €
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HOA fee
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226 €
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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: 407€
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Details
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Condition
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First occupancy after renovation
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Level
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1st floor
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Usable area
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8 m²
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Heating
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Central heating
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Year of construction
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1966
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Equipment
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Balcony, Terrace, Garden, Shower bath
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
The apartment was completely renovated in 2024 and modernized to a high standard.
First letting after refurbishment (05/2024) 690.00€ net cold rent / 8280.00€ annual net cold rent
New electrics in the entire apartment
New walls and floors, modern wallpaper and high-quality finishes
Daylight bathroom
Balcony with a view of the countryside
Own cellar room
Electricity meter centralized in the basement
Most of the water pipes in the house have been renewed
Building
Insulated facade
Roof already renewed
arcades renovated
Entrance door modernized
Special features (for advertisement very good as bullet block)
Energy efficiency class B (low energy consumption)
Reliable tenant since 05/2025 with long-term rental intention
Solid capital investment with stable yield
Current leasehold until 2060
No maintenance arrears
Location
Quiet and green residential area in Braunschweig-Waggum, a mature district with a pleasant neighborhood and good infrastructure. The location combines relaxed living in the countryside with good connections to Braunschweig city center.
Shopping facilities, doctors, schools and kindergartens in the immediate vicinity
Easy access to the A2 and major federal highways
Proximity to major employers in the region, making it attractive and sustainable to rent in the long term
Surroundings characterized by quiet residential streets, fields and lots of greenery, ideal for leisure and recreation
Location Check
Energy
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Final energy consumption
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60.00 kWh/(m²a)
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Energy efficiency class
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B
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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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Miscellaneous
Note on the plot: The property was built on a leasehold plot. With a leasehold, you buy the apartment or building, not the land. The use of the property is regulated in the long term via the leasehold and secured in the land register. This incurs a ground rent.
Important for anyone unfamiliar with the model: In practice, this is very transparent and plannable because the leasehold runs until 2060 and the ground rent is already included in the house rent. The share on this apartment is just €11.63 per month. This means that the issue is "set" for the next few decades and hardly plays a role in the running costs.
At the end of the term (from 2060), the further contract design, in particular the amount of the ground rent, will be renegotiated and adapted to the then applicable framework conditions. Until then, the conditions are clearly regulated and calculable.
Especially in combination with the very favorable purchase price, this offers the opportunity for an above-average attractive return, which is rarely possible in this region.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
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