Rented old-building apartment with stable return prospects | 3rd floor | central location Hamburg-Wandsbek

Information

Selling Price & Extra Costs

About this dream apartment

Property Description

For sale is a rented condominium in a classic Hamburg old building in a quiet yet central location in Hamburg-Wandsbek/Eilbek, near the Wandsbek-Carré. The apartment is located on the 3rd floor and is ideally suited for singles and couples as well as for long-term-oriented capital investors.

The approx. 69 m² living space offers a very clear, marketable floor plan logic:
A centrally located hallway efficiently provides access to all rooms. Around the hallway are:



- the separate kitchen with IKEA units, incl. refrigerator, dishwasher and stove,


- a small pantry/storage room,


- the bathroom with shower, modern tiled (black tiles),


- three rooms, two of which are connected by a large, historic double sliding door.

All living rooms are fitted with typical Hamburg floorboards (bathroom tiled). The double sliding door allows both open and separate use and emphasizes the classic old-building character while at the same time offering high rental appeal.

Digital features (clear added value)



- CAT-6 network cabling in all rooms (except bathroom)


- Central bundling of all network cables in a built-in hallway cabinet


- Fully networked apartment


- Cable internet available
→ ideal for home office, streaming and modern rental requirements


Features & additional areas



- Approx. 69 m² living space


-

- Upper floor



- Three rooms


- Historic double sliding door


- Floorboards in all living rooms (pitch pine)


- Kitchen with IKEA fitted units and electrical appliances


- Storage room with washing machine connection (older washing machine available)


- Basement room


- Storage area in the attic


- Communal laundry room in the basement


- Large shared garden for joint use (sleeping very quiet)


Building & technology



- Roof completely renovated and up to date


- Further energy-related measures planned


- Central heating (oil) - heating costs fully within reason


- Well-maintained common property


- Monthly house fee approx. €300, of which approx. €100 monthly contribution to reserves


Rental & investment case



- Currently rented


- Cold rent: €750 per month


- No rent increase for a longer period of time


- Rent increase potential of up to 15 % legally possible


- Very good rental potential due to location, layout, old-building flair and digital features


- Already implemented investments ensure planning security and value stability


Location



- Quiet Side street in Wandsbek/Eilbek


- Very good public transport connections (bus stops within walking distance)


- Wandsbek Markt quickly reachable (U-/S-Bahn, shopping options, gastronomy)


- Eichtalpark nearby – ideal for jogging and relaxation


- Kindergartens, schools, indoor swimming pool and local amenities in the immediate vicinity


- Free parking spaces in front of the building, underground garage spaces available for rent in the surrounding area


- A1 reachable in approx. 8 minutes by car


Purchase price
340,000 € (Note: private sale, NO REAL ESTATE AGENT)

Conclusion
A classic Hamburg old-building investment property with very good layout logic, stable rental, potential for rent increases, digital feature USP and sustainable value retention in a sought-after location. Ideal for long-term holders and buy-and-hold strategies.

Location