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Investment at a top price: 3 rooms + balcony, completely renovated, energy class B

Erdkamp 1, 38110 Braunschweig (Waggum) – Niedersachsen
99.900 €
3
Room
53 m²
Living Area
Apartment

Attractive, 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?

Object Number
OM-424544
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
99.900 €
Purchase additional costs
approx. 6,859 €
Total costs
approx. 106,758 €
HOA fee
226 €

Breakdown of Costs

Purchase price 99.900 €
Real estate transfer tax 4,995 € (5.00%)
Notary costs 1,235 € (1.24%)
Land register entry 629 € (0.63%)
Broker commission 0€ (0%)

* 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€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.11%

Details

Condition
First occupancy after renovation
Level
1st floor
Usable area
8 m²
Heating
Central heating
Year of construction
1966
Equipment
Balcony, Terrace, Garden, Shower bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

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

Health
200m
Nature
350m
Child Friendliness
250m
Sports
450m
Shopping
150m
Eating Out
150m
Culture
300m
Nightlife
300m
Public Transport
200m

Energy

0 25 50 75 100 125 150 175 200 225 ≥250
Final energy consumption
60.00 kWh/(m²a)
Energy efficiency class
B
Energy certificate type
Consumption certificate
Main energy source
Oil

PDF

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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Offer from: Itschner