Ready-to-move-in terraced house in Hannover-Kichrode, with a leasehold agreement updated until 2072, offered privately.

This charming, fully basemented terraced house features two full floors, an converted attic, and significant potential for expansion.

* **Ground Floor (approx. 30.6 m²):** Entrance hall, bright living/dining area, and kitchen. The approximately 16 m² terrace with an electric awning leads to the sunny south-facing garden. At the rear of the property, there is a garden shed with additional storage space and access to a rear alleyway. A staircase made of black terrazzo leads upstairs.
* **First Floor (approx. 30.6 m²):** A large bedroom, another room (ideal as a guest room/home office), and a bright shower room (with the possibility of installing a bathtub).
* **Attic (approx. 18 m² floor area):** Accessible via a space-saving staircase, with two large skylights – ideal as a hobby room, home office, or storage space.
* **Basement (approx. 33 m² usable area):** Full basement with a boiler room (with washing machine connection), storage room, and a cellar room with access to the garden.

**Expansion Potential:** According to the zoning plan, the house can be extended on the front side by up to 1.75 meters and on the garden side by up to 3.00 meters, adding a single floor (potentially adding approximately 30 m² of living space). Important information regarding the land lease property (planning secure and financeable until 2072):

The current land lease fee is approximately €6,000 per year (approximately €500 per month). Unlike media reports about unresolved old contracts in the neighborhood, this contract was recently updated in 2022 and is fixed until 2072. The long remaining term of 46 years ensures full financing for standard 30-year bank loans. The ongoing adjustments are made fairly based on inflation (VPI) and are legally linked to wage development (§ 9a Land Lease Act). Unforeseeable price increases are excluded for the next 46 years. This solid, renovated house, with its sunny south-facing garden, is a real, calculable alternative to owning an apartment or renting: Instead of losing money each month to a landlord with increasing rent, you pay significantly less here for the land lease fee than the local market rent for a comparable house. However, you are investing in your well-maintained, ready-to-move-in property and enjoy permanent, protected occupancy. Even after 2072, the next generation remains protected: at that point, the contract will either be extended, or the family will receive a legally mandated financial compensation from the church for the building. By opting for a leasehold agreement, you avoid the high costs associated with land ownership, making this terraced house significantly more affordable to purchase. This also allows for easier financing with a lower down payment compared to a similar property with land included.

The property is located in the most desirable and quiet residential area of Hannover-Kirchrode, on a street with very little traffic. The center of Kirchrode (with its shops, doctors' offices, schools, and daycare centers), as well as the Tiergarten park, Mardalwiesen meadows, and Hermann-Löns-Park, are all within a few minutes' walk. The city tram line 5 and buses provide quick access to the city center.