Rented 1-bedroom apartment in Laatzen – a commission-free investment property with elevator.

For sale is a well-maintained and reliably rented 1-bedroom apartment with approximately 42 square meters of living space, located on the 3rd floor of an apartment building in Laatzen. This apartment is particularly suitable as an investment property and is being sold directly by the owner, without any real estate agent fees.

Rental Agreement:
The apartment has been rented since August 15, 2022, on an open-ended lease.
Net rent (excluding utilities): €420 per month
Annual net rent (excluding utilities): €5,040
Advance payment for operating costs: €67
Advance payment for heating costs: €80
Total rent: €567 per month
The rental agreement is reliable, and there are no outstanding rental payments.

Building Fees and Ongoing Costs:
The monthly building fees are currently €291. This includes:
€210, which can be passed on to the tenant as part of the utility costs.
€81, which cannot be passed on to the tenant.
Of this, €45 is allocated to the maintenance reserve fund.
Therefore, a significant portion of the building fees can be passed on to the tenant through the utility costs. For the 2024 accounting year, there was also a surplus from the building fee settlement for the apartment.

Solid Maintenance Reserve:
As of December 31, 2024, the homeowners' association has a maintenance reserve fund of €205,887.36. Over the past few years, various maintenance and modernization measures have been carried out on the building, funded from existing resources. Based on current information, no major projects or special assessments are currently planned.

Apartment and Building:
The apartment has always been well-maintained and is in a well-kept and functional condition. Various measures have already been implemented on the building and within the residential complex, including work on windows, the entrance door, and water meters. An elevator is available, providing convenient access to the 3rd floor. The management of the homeowners' association has been handled by Lange Immobilienmanagement since January 1, 2025.

Interesting for Investors:
Already rented out.
€5,040 annual net cold rent.
Existing, unlimited lease agreement.
Reliable rental payments.
Over €205,000 in reserve funds for the homeowners' association.
No major projects or special assessments currently planned.
A significant portion of the monthly building fees are deductible.
Elevator available.
Well-maintained condition.
Direct sale from the owner.
No real estate agent commission.

Complete documentation, including the lease agreement, energy certificate, building fee statements, reserve fund development, and minutes of the homeowners' association meetings, can be provided to serious buyers. Viewings are possible by prior appointment. I look forward to hearing from serious buyers.

This apartment is located in a very quiet area of Laatzen, benefiting from green spaces and excellent infrastructure.

Location & Rental Potential:

* Good access to public transportation.
* Easy access to Hanover.
* Close to local amenities, doctors, and shops.
* Approximately 3 minutes by car to the exhibition center.

The combination of its location, apartment size, elevator access, and proximity to the exhibition center ensures excellent rental potential and is particularly appealing to singles, commuters, and students.