**RENOVATED BALCONY APARTMENT WITH FITTED KITCHEN IN BRAUNSCHWEIG-WESTSTADT**

Key facts

Purchase price & costs

About this apartment

This well-maintained condominium is located on the second floor of a multi-family building constructed in 1965 and continuously maintained. The property has been reliably rented since 2022 and, thanks to its functional and well-thought-out layout, is ideally suited as a solid investment property. The clear separation of the individual living areas ensures efficient use of space and offers a high quality of living in the long term, in a quiet yet excellently connected residential location.

MODERNIZATION AND FEATURES
The building underwent extensive renovation in 2003. As part of this, the interior bathroom was comprehensively modernized and equipped with a shower, wall-mounted toilet, towel radiator and an electric ventilation system. The living areas uniformly feature easy-care laminate flooring, while the functional areas—hallway, kitchen and bathroom—are fitted with light-colored floor tiles. A functional fitted kitchen including an integrated washing machine underlines the apartment’s immediate usability and well-maintained condition.

LIVING AREA, KITCHEN AND OUTDOOR SPACE
The focal point of the apartment is the spacious living room, measuring over 18 square meters, which is optimally illuminated by daylight through a broad window front and offers sufficient space for an integrated dining area. The living room provides direct access to the nearly 10-square-meter south-facing balcony, which is equipped with a protective awning. The separate kitchen also has access to the dining area and additionally contains a practical storage room. The central hallway also provides access to the approximately 14-square-meter main bedroom and another room of approximately 9 square meters, which can be flexibly used as a child’s room or home office to separate living and working.

USABLE AREAS AND COMMON PROPERTY
The condominium includes its own brick-built cellar room with a usable area of approximately 12 square meters, providing additional storage space. Parking spaces or garages are not directly allocated on the property. The common property includes well-maintained green areas and the commonly used areas of the residential building. Professional stairwell cleaning, winter services and maintenance of the outdoor areas are carried out by external service providerscarried out, the costs of which are already covered by the ongoing operating costs.

FINANCIAL DATA
The monthly service charge for the apartment, including the allocation to the maintenance reserve, will amount to a total of 248.00 euros as of 01/01/2027. Approximately 132.00 euros of this is attributable to non-allocable costs (including the monthly contribution to the reserve). The costs for stairwell cleaning, grounds maintenance and winter services are included in the service charge.
The owners’ association’s maintenance reserve is regularly increased, with the total annual contribution for the property amounting to 55,000.00 euros from 2027 onwards. The monthly share allocated to the reserve for this residential unit amounts to 84.00 euros. In December 2025, the association’s statement of assets showed accumulated maintenance reserves totaling more than 153,000.00 euros.

CONCLUSION:
The well-designed three-room layout, combined with the solid level of modernization of the building and building services, guarantees straightforward long-term management without any pending renovation backlog. This property offers investors a stable foundation with ongoing rental income in a sought-after, green location in Braunschweig. Details of the return and the current tenancy agreement await discovery.

Location