More cost-effective in the long run than renting! 2.5-room apartment in need of renovation, suitable for owner-occupation or as an investment property.

The four-story building, constructed in 1966 using traditional solid construction methods, is situated within a green area. Overall, the building is in good condition, and the roof covering has been completely renewed as part of a recent renovation.

The homeowners' association is planning extensive renovation work, including the replacement of the building's exterior, windows, balconies, and heating system. This will bring the buildings up to modern energy efficiency standards. However, it is currently impossible to say definitively when or whether these measures will be implemented. A reputable planning firm has been commissioned to create a renovation plan.

The financing for the (planned) modernization will be either through a special assessment or, alternatively, through a homeowners' association loan.

The apartment is located on a quiet side street in Hamburg-Eidelstedt. Situated away from the main road and within a spacious green area, the location offers a high quality of living. The local center, easily accessible on foot at Eidelstedter Platz, invites you to shop or relax. The vast Niendorfer Gehege park is just a few minutes away by car and offers excellent recreational opportunities. Schools, doctors, and sports clubs are located nearby. Excellent transport links, including motorways, various bus routes, and the S-Bahn (suburban train) to the city center, make Eidelstedt an attractive residential area, ensuring you can travel quickly and flexibly for work and leisure.