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Investment property in Hamburg-Hummelsbüttel | Rented 2.5-room apartment with an index-linked rental agreement.

22339 Hamburg (Hummelsbüttel)
329.000 €
2.5
Room
64.50 m²
Living Area
Private offer
Apartment
Ground floor apartment

This well-maintained 2.5-room apartment in Hamburg-Hummelsbüttel offers investors an attractive opportunity with existing rental income and the potential for long-term rent increases.

The apartment is particularly suitable for buyers who wish to acquire a property in Hamburg that is already tenanted. The existing index-linked rental agreement provides a predictable starting point and allows for the long-term adjustment of the base rent to reflect changes in the consumer price index.

The apartment offers approximately 64.5 square meters of living space, distributed across 2.5 rooms, a kitchen, a bathroom/toilet, and other living areas. The apartment includes a private storage room (number 2); the garden is available for communal use.

The exterior wall of the building associated with the apartment has already been insulated. This represents an energy-saving improvement measure that has already been implemented on part of the building's structure.

Are you interested in this apartment?

Object Number
OM-493018
Object Class
Apartment
Object Type
Ground floor apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
329.000 €
Purchase additional costs
approx. 22,849 €
Total costs
approx. 351,849 €
HOA fee
393 €

Breakdown of Costs

Purchase price 329.000 €
Real estate transfer tax 18,095 € (5.50%)
Notary costs 3,142 € (0.95%)
Land register entry 1,613 € (0.49%)
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: 1,347€

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 4.14%

Details

Condition
Well-kept
Number of floors
3
Level
Ground floor
Usable area
6 m²
Bathrooms (number)
1
Bedrooms (number)
1
Flooring
Parquet, Tiles
Heating
Central heating
Year of construction
1973
Equipment
Balcony, Garden, Basement, Full bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Overview of features:
• Approximately 64.5 square meters of living space
• 2.5 rooms
• Spacious living area
• Balcony
• Primarily solid wood parquet flooring
• Separate kitchen with window
• Bathroom with natural light, bathtub, and shower enclosure
• Generous hallway area
• PVC windows
• Large, lockable basement room with window
• Shared use of the garden
• Apartment building with only 10 units
• Central heating
• The exterior wall belonging to the apartment has already been insulated.
• Energy performance certificate, energy efficiency class E.

Location

Green Hamburg with excellent connections and well-established infrastructure.

The apartment is located in Hamburg-Hummelsbüttel, a well-established and pleasantly green district in the north of the Hanseatic city. Hummelsbüttel combines peaceful living with the infrastructure of a major city – a combination that makes the district particularly appealing to families, couples, and people who want to live close to the city without having to sacrifice nature and recreational opportunities. Hummelsbüttel is characterized by its diverse architecture, featuring well-maintained single-family homes and apartment buildings, established residential areas, and generous green spaces. The Free and Hanseatic City of Hamburg itself highlights the district's special green quality: paths along the Alster river and the Susebek stream, as well as extensive natural areas, shape the surroundings. The nearby nature reserves of Raakmoor and Hummelsbütteler Moore offer a special recreational value. The approximately 33-hectare Raakmoor, with its scrubland, moorland, and small bodies of water, as well as the adjacent Hummelsbütteler Feldmark, offer opportunities for walks, jogging, and cycling practically on your doorstep. At the same time, daily life is convenient. Shops and services are located in the immediate vicinity; for example, EDEKA Jessen Hummelsbüttel KG is located at the Hummelsbütteler Markt. A daycare center is even located on Hummelsbütteler Hauptstraße itself. Schools and other essential amenities are also available in the district. Public transportation is readily accessible via several bus lines, providing connections to the Ohlsdorf and Poppenbüttel rapid transit stations. Hummelsbüttel is well-connected to the surrounding rapid transit lines through the bus network. The location in northern Hamburg is also attractive: the city center, the airport, and the neighboring districts of the Alstertal are easily accessible. This location combines the tranquility and abundance of green spaces in Hummelsbüttel with the advantages of the city of Hamburg. For investors, this creates an interesting combination of an established residential area, excellent everyday infrastructure, and a high quality of life – conditions that support sustainable rental opportunities.

Location Check

Shopping
Health
Eating Out
Sports
Child Friendliness
Public Transport
Culture
Nightlife
Nature

Energy

Main energy source
Oil

PDF

Miscellaneous

Particularly interesting for investors:
The apartment has been rented on an open-ended lease since June 1, 2025. The current net rent, after the first index adjustment, is:
€1,133.73 per month
€13,604.76 per year
This currently equates to €17.58 per square meter. The existing indexed rental agreement allows for adjustments based on the development of the consumer price index. The first opportunity for an adjustment was from June 1, 2026. At an asking price of €329,000, this results in a current gross rental yield of approximately 4.14%.

Homeowners Association:
The residential complex is professionally managed by Anke C. Harles Immobilien + Verwaltungen GmbH. The 2025 annual statement shows communal costs of €3,517.24 for apartment number 2. The monthly service charge was last €393.03; for 2026, it was recommended to maintain the existing budget. The homeowners association's reserve fund amounted to €24,872.26 as of December 31, 2025. Costs of approximately €9,000 were allocated to the reserve fund for the repair of the faulty chimney. In addition, there is a need for renovation of the wastewater pipe, with estimated costs of approximately €13,000; according to the administration, this work may be postponed.

Why this apartment?
- Currently rented, generating immediate rental income.
- €13,604.76 annual net cold rent.
- Index-linked rental agreement with long-term potential for adjustments.
- Gross rental yield of 4.14% at the asking price.
- Attractive residential location in Hamburg.
- Shared use of the garden.
- Professional property management.
- Private sale, no buyer's commission.

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: M. Kittlitz