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Newly renovated 3.5-room apartment with a balcony, two bathrooms, and a well-maintained living environment in Rendsburg.

Aalborgstraße 8, 24768 Rendsburg – Schleswig-Holstein
199.000 €
3.5
Room
87.44 m²
Living Area
Apartment
Ground floor apartment

For sale is a well-maintained 3.5-room apartment located at Aalborgstraße 8, 24768 Rendsburg. The apartment is situated in a very well-kept residential complex with a quiet, green environment, and its size, layout, and location make it ideally suited for long-term rental. The unit comprises approximately 87.44 square meters of living space and, thanks to its timeless layout, appeals to a variety of potential tenants. The overall condition, having been recently renovated, supports its sustainable rental potential and simultaneously reduces the need for short-term investment by the buyer. The apartment is currently rented out, making it particularly attractive to investors seeking a property with an existing, ongoing rental income. The rental terms are attractive and up-to-date. With a monthly net cold rent of €800.00, the cold rent per square meter is approximately €9.15/m². This provides a solid and economically interesting starting rent from the moment of purchase. In addition, the existing lease agreement includes a rent escalation clause, which means that future rent adjustments are already contractually agreed upon. This creates a well-defined starting point for the buyer, without any immediate costs associated with re-letting. Based on a purchase price of €199,000.00 and a net annual rent of €9,600.00, the gross rental yield is approximately 4.8%. Taking into account the non-reimbursable costs and the maintenance reserve, the adjusted net yield before taxes and financing is approximately 4.2%, according to the calculations provided. The sale is directly from the owner, meaning there are no agency fees for the buyer. The combination of a well-maintained residential complex, a tenanted unit, an attractive initial rent, an indexed rent agreement, a solid yield, and a commission-free purchase makes this apartment an interesting investment property for investors who wish to invest their capital in a tenanted residential property for the long term.

Are you interested in this apartment?

Object Number
OM-457858
Object Class
Apartment
Object Type
Ground floor apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
199.000 €
Purchase additional costs
approx. 15,975 €
Total costs
approx. 214,974 €
HOA fee
365 €

Breakdown of Costs

Purchase price 199.000 €
Real estate transfer tax 12,935 € (6.50%)
Notary costs 2,006 € (1.01%)
Land register entry 1,034 € (0.52%)
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: 767€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.78%

Details

Condition
Renovated
Number of floors
3
Level
Ground floor
Usable area
10 m²
Number of carports
1
Heating
Central heating
Year of construction
1971
Equipment
Balcony, Basement, Shower bath, Fitted kitchen, Guest toilet

Information on equipment

The apartment impresses with its well-maintained and appealing features, as well as its practical layout. With 3.5 rooms, an additional storage room, two bathrooms, and a balcony, the apartment is ideally suited for long-term rental to a variety of tenant profiles. A particularly noteworthy feature is the built-in kitchen from 2010. It is comprehensively equipped and includes a dishwasher, washing machine, built-in refrigerator-freezer combination, and a stove with extractor hood. This kitchen offers a high level of functionality and represents a clear added value in the rental market. The shower room is brightly tiled and features a walk-in shower. In addition, there is another bathroom or guest toilet, which further enhances the living comfort. The apartment has been extensively renovated recently and is therefore presented in a well-maintained, modern, and contemporary condition. The combination of a practical layout, appealing appearance, and complete kitchen equipment supports its long-term rental potential. The loggia or balcony faces south and offers a pleasant outdoor space with views of the green surroundings. The apartment also includes a private storage room in the basement and a carport. In addition, the property offers further communal areas, such as bicycle storage rooms and other storage spaces in the basement. The residential complex itself is located in a quiet area, is very well-maintained, and overall makes a neat and valuable impression.

Location

The apartment is located at Aalborgstraße 8 in Rendsburg, in the Schleife district. The location is characterized by a quiet, green, and well-established residential environment. The surrounding area offers a pleasant combination of proximity to the city, good infrastructure, and a high quality of life close to nature.

Shopping facilities, doctors, schools, kindergartens, and other essential services are easily accessible in Rendsburg. Public transportation is also available, making the apartment attractive both to owner-occupiers and renters without their own vehicle.

The city center of Rendsburg is quickly accessible and offers further shopping opportunities, restaurants, services, and cultural attractions. The North-Ostsee Canal, with its walking and recreational opportunities, is also located within easy reach, further enhancing the quality of life.

Due to its convenient location, there are good connections to Kiel, Neumünster, Flensburg, and Hamburg. This makes the location also interesting for commuters. The combination of peaceful living, a well-maintained environment, and excellent accessibility makes the location particularly attractive for long-term rental.

Location Check

Child Friendliness
100m
Nature
50m
Health
1.0km
Shopping
150m
Sports
600m
Eating Out
350m
Culture
1.3km
Public Transport
150m
Nightlife
350m

Energy

Final energy consumption
135.00 kWh/(m²a)
Energy efficiency class
E
Energy certificate type
Consumption certificate
Main energy source
Oil

Miscellaneous

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: Niklas Petersen