| Type | Block of flats |
|---|---|
| Living area approx. | 182 m² |
| Bedrooms | 5 |
| Rooms | 8 |
|---|---|
| Bathrooms | 3 |
| Plot area | 485 m² |
|---|---|
| Usable floor area | 70 m² |
| Purchase price | 395.000 € |
|---|---|
| Price per m² | 2,165.57 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsThis well-maintained apartment building, extensively modernized in recent years, combines solid structural substance with contemporary living comfort and represents an attractive investment opportunity for investors.
Built in 1961, the apartment building is situated on a 485 m² privately owned plot in an established and popular residential area of Uelzen. The property comprises three self-contained residential units with a total living area of approx. 182.40 m² and presents itself in an exceptionally well-maintained and contemporary condition thanks to extensive modernization measures.
The living areas are distributed as follows:
• 3-room apartment on the ground floor with approx. 66.04 m²
• 2-room apartment on the ground floor with approx. 50.32 m²
• 3-room apartment on the upper floor with approx. 66.04 m²
The offer is complemented by a garage and two outdoor parking spaces.
In addition, the apartment building has a partial basement with a total usable area of approx. 70 m². Each of the three residential units is assigned its own separate basement room, providing the tenants with practical and separate storage facilities. There is also a shared laundry room in the basement.
Particular attention has been paid in recent years to the continuous modernization and sustainable preservation of the property's value. Between 2018 and 2023, all windows were replaced, a modern heating system was installed, and the intermediate floor ceiling was insulated, among other measures. In 2026, further value-enhancing measures were carried out, including repainting the façade, cleaning and recoating the roof, renovating the stair landing, and installing a modern intercom system. As a result, the building now presents an exceptionally well-maintained appearance and offers its residents contemporary living comfort.
Another significant advantage of this property is its full occupancy. All three residential units are reliably rented and occupied by pleasant tenants who contribute to a well-maintained and harmonious residential environment. For the purchaser, this means an immediate income situation without vacancy or letting risk.
The current annual net cold rent amounts to €18,576.00. The property therefore already offers a solid income basis and is ideally suited as a long-term capital investment with sustainable potential for appreciation.
The combination of a sought-after residential location, three apartment sizes that are easy to let, a comprehensively modernized building structure, and full occupancy already in place makes this apartment building a particularly interesting investment. Both for entering the real estate market and for expanding an existing portfolio, the property offers ideal conditions for long-term stable letting and sustainable preservation of value.
If the rental income currently being achieved is below the current market level, this also opens up additional potential for rent increases within the scope permitted by law. This offers a future owner attractive prospects for further optimizing returns.
This property combines sustainable lettability, a well-maintained and modernized building structure, and long-term income security in a capital investment that convincingly unites stability, value retention, and development potential.
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