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- Attractive investment opportunity in Lübeck: Rented 2-room ground-floor apartment with balcony and private garden.
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Attractive investment opportunity in Lübeck: Rented 2-room ground-floor apartment with balcony and private garden.
Kronsforder Allee 127a, 23560 Lübeck (Hüxtertor/Mühlentor/Gärtnergasse) – Schleswig-HolsteinFor sale is a well-designed 2-room ground-floor apartment with approximately 45 m² of living space, and a special feature: a private garden area for exclusive use, which adds a high quality of life and excellent rental potential to the apartment.
The apartment has been reliably rented since 2025 and currently generates a solid net cold rent of €680.00 per month (plus €190.00 in advance utility costs). This corresponds to a strong current rental yield on the purchase price, making the property a lucrative investment in the Lübeck real estate market.
Key features at a glance:
Living space: approximately 45.06 m²
Location: Ground floor with balcony and direct access to the private garden.
Rooms: 2 well-designed, bright rooms.
Rental status: Reliably rented (annual cold rent: €8,160.00).
Special feature: Garden area (highly sought after in the Lübeck rental and sales market).
Are you interested in this apartment?
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Object Number
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OM-ab5s7q
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Object Class
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Apartment
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Object Type
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Ground floor apartment
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Is occupied
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Occupied
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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185.000 €
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Purchase additional costs
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approx. 15,006 €
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Total costs
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approx. 200,005 €
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HOA fee
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315 €
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Breakdown of Costs
* 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: 794€
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Details
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Condition
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Modernized
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Number of floors
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4
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Level
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Ground floor
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Bathrooms (number)
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1
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Bedrooms (number)
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1
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Flooring
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Vinyl / PVC, Other (see text)
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Heating
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Central heating
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Year of construction
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1909
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Equipment
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Balcony, Garden, Basement, Shower bath, Fitted kitchen
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Public transport
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Information on equipment
This practical 2-room apartment was partially renovated/upgraded in 2024 and is located in a well-maintained building with a popular, classic architectural style. The wooden floors have been exposed and professionally restored. The shower can be accessed from one of the two rooms. A particularly attractive feature is the private garden area, which has already been separated by a fence.
Location
The 7-party house impresses with its central location in St. Jürgen and its proximity to the Schleswig-Holstein University Hospital and the SANA Clinic. The historic old town of Lübeck is only about two kilometers away. St. Jürgen is located approximately five minutes by car from the old town and offers shopping facilities (REWE, ALDI, Rossmann, and bakeries) for everyday needs within a few minutes' walk. This popular and family-friendly area also has kindergartens and schools within walking distance. A bus stop nearby provides good connections to the city center. The A1 motorway entrance to Lübeck-Zentrum is reachable in a few minutes by car, providing quick access to the city center of Hamburg or Timmendorfer Strand. Lübeck's main train station is accessible by bus in 18 minutes.
Location Check
Energy
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Energy certificate type
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Consumption certificate
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Main energy source
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Gas
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Energy consumption value
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97.90 kWh/(m²a)
Energy consumption for hot water included |
Miscellaneous
Important Information Regarding the Homeowners' Association (Transparency & Future Potential)
As a transparent seller, we prioritize clear communication: The homeowners' association (HOA) is currently planning maintenance and renovation measures for the common property. This involves repairing water damage related to fire safety improvements in the lightwell. A special assessment has been approved/is being prepared to cover this upcoming fire safety and water damage repair project, and the amount for this unit is approximately €10,500.
Your Advantage as a Buyer: These planned investments by the homeowners' association will significantly enhance the building's structure for the future, ensuring its long-term viability. The purchase price has already been adjusted accordingly to adequately account for this investment requirement. The subsequent repair of the individual ownership units will be covered by the building's insurance.
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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