| Type | Block of flats |
|---|---|
| Living area approx. | 334 m² |
| Rooms | 15 |
|---|
| Plot area | 1268 m² |
|---|
| Purchase price | 515.000 € |
|---|---|
| Price per m² | 1,541.92 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsThis versatile residential and commercial building with three apartments, a commercial unit and two large garages is located in the heart of Seelze.
The older building, the former school dating from 1920, comprises a 4-room and a 6-room apartment. The property includes a wonderful garden, accessible via a terrace from the ground-floor apartment. The apartment on the upper floor has exclusive access to the attic, which can be converted, via a fixed staircase.
The 1970 extension contains the commercial space on the ground floor (shop with glass frontage, used as an office) and a 2-room apartment with small ancillary rooms (usable space) on the upper floor (exclusive access to the insulated attic via a ceiling hatch).
The current average rent of €6.89/m² offers potential for growth, as local rents in Seelze range from €8.81 to €11.58/m². If re-let at an average of €8.80/m², the property can generate annual rental income of around €35,000 when fully let.
The 4-room and 2-room apartments are currently vacant. The 4-room apartment was fully renovated in 2021 and can be re-let immediately at a higher rent; the 2-room apartment needs to be renovated first. The 6-room apartment will also become vacant on 15.10.
The commercial space, which will become vacant on 01.10., was renovated in 2023, is in very good condition and can be rented out immediately. The 4-room and 6-room apartments each have a fitted kitchen, while the commercial space has a small kitchenette.
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