Renovated apartment in a historic building, Lüneburg – 2.5 rooms, no commission fees.

For sale is a 2.5-room attic apartment with approximately 60 square meters of living space, located in a historic building from the early 20th century near the Schützenplatz in Lüneburg. The apartment is being sold directly by the owner, without any commission. The apartment was completely renovated in 2026. The electrical wiring, plumbing, windows, radiators, and flooring were all replaced. The bathroom was completely remodeled. In addition, the roof slopes, floor, and exterior walls were completely insulated for energy efficiency. There are no major maintenance costs anticipated for the time being.

**FINANCIAL OVERVIEW**
- Purchase price: €249,000
- Estimated net cold rent: €900 per month
- Estimated annual net cold rent: €10,800
- Factor (calculated): 23.1
- Estimated gross rental yield: 4.34%
- Monthly service charges: €220, including €33 for the maintenance reserve fund
- Property tax: €106 per year
- Availability: Vacant

Heating and hot water are provided by a gas central heating system installed in 2021, and the associated costs are included in the tenant's utility payments.

**THE OWNERS' ASSOCIATION**
The owners' association consists of five residential units and two commercial units. As of 2025, the maintenance reserve fund amounted to €41,071, of which €4,139 is allocated to this unit. The building is in a well-maintained condition; there are currently no plans or decisions to impose special levies for major improvements to the communal areas.

RENTAL AND PERSONAL USE
The apartment will be vacant upon completion of the renovation and will be handed over ready for occupancy. This allows for two possibilities: immediate move-in, or an initial rental at freely negotiable terms, without being tied to an existing lease agreement. Furnished rentals are also a viable option in this location and can potentially generate higher rental income than currently calculated. If you wish to pursue this option, we can assist you with furnishing and equipping the apartment, regardless of the purchase price, as a separate offering.

The property is located near the shooting range in Lüneburg. The city center and main train station are within walking distance. Shops, doctors, and service providers are located in the immediate vicinity.

Lüneburg is a Hanseatic city, a university town, and the district capital, with a population of approximately 78,000. The Metronom train takes about 30 minutes to reach the main train station in Hamburg. Commuters, students, and single individuals contribute to a consistently stable demand for rental properties, which forms the basis for the calculated rental price.