DUPLEX APARTMENT WITH LARGE BALCONY.

This exceptionally designed maisonette apartment combines the character of a classic apartment with the spaciousness of two living levels. The apartment spans the second floor and the attic above, offering a layout that significantly differs from a typical apartment of this size. The living space is approximately 60 m². Due to the sloping ceilings and the additional level, a significantly larger, usable floor area is available. The proportional gross floor area is approximately 93 m², which highlights the comparatively generous spatial extent, including structural and ancillary areas. On the second floor, you will find the entrance hall, bathroom, living room with kitchen area, and a spacious balcony. A spiral staircase leads to the attic. Upstairs, there is a hallway, a bedroom, and additional storage areas, which are currently used as a children's room. A private cellar and a parking space are also included. The apartment itself requires renovation and modernization. This presents an opportunity to redesign the layout, finishes, kitchen, and bathroom according to your own preferences. The visualizations created for marketing purposes provide examples of the potential that can be unlocked through a modern renovation. Importantly, the need for renovation applies only to the interior of the apartment. The communal building is well-maintained and in good condition; there is no general need for renovation of the building itself. Suitable for both owner-occupiers and investors. The apartment is equally suitable for buyers who want to create a personalized home, and for investors seeking a unit that is already rented and has potential for future growth. If desired for owner-occupation or if a renovation is planned immediately, the apartment can be handed over without rent, subject to prior agreement. Investment at a glance:

Current net cold rent: €860 per month
Annual net cold rent: €10,320
Gross rental yield at a purchase price of €195,000: approximately 5.29%
Price-to-rent ratio: approximately 18.9
Housing allowance: €143 per month

The residential area is characterized by single-family homes, smaller multi-family buildings with an open design, and a vocational school. Overall, the area offers a pleasant and well-established living environment. Essential amenities and services are located nearby and are easily accessible. The residential location in Elmshorn is considered good to average, offering a solid combination of peaceful living and good connections to the surrounding area and the Hamburg metropolitan region.