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Best Investment: Frankfurt 1-bedroom attic floor, historic building Nordend

Haus

AllGrund Property ID: 201370

Object Address
PLZ-ZIP Code: 
60316
City: 
Frankfurt
Part of City: 
Nordend
District: 
Hessen
Country: 
Germany
Vital data
In a nutshell: 
Well rented-out 1-bedroom apartment on the top floor of a historic building. Refurbished in 2005, with fitted kitchen. Wooden floors, comfortable ceiling height, shower bath, charming and cozy. Perfect investment with currently about 3,5% returns.
Rooms: 
2,0
Bedrooms: 
1,0
Living space in sqm (Info): 
51.90m²
Type of Condo: 
Roof storey
Year of construction: 
1905
Floor (groundfloor=0): 
4
Floor (Groundfloor=0): 
Attic floor, no lift
Condition: 
renovated
Status at handover: 
rented
Current net rent per month: 
720.00€
Further information on the net rental income: 

New lease of 2015, graduated rent every two years (plus 20 €). Rented with fitted kitchen.

Asking price (Euro): 
249.000€
Brokerage fee incl. VAT (% of notarized purchase price): 
5.95%
Payable by: 
Buyer
Available as of: 
negotiable
Energy Performance Certificate (EPC)
Date of Energy Performance Certificate: 
25.8.2009
Type of energy performance certificate: 
Residential building consumption certificate
Residential Building - Final Energy Value: 
193.10 kWh/(m²?a)
Energy consumption for hot water: 
included
Main energy source: 
Natural gas
Year of Construction of the Heating System: 
1999
Detailed Information
Co-ownership shares: 
490/10000tel
Size of Landplot: 
587.00m²
Freehold or Leasehold?: 
Freehold
Monthly housing fee: 
135.00€
Plus monthly payment to sinking fund: 
32.70 €
Payable utilities by tenant: 
50.00€
Annual land tax: 
51.84€
Detailed description of property incl equipment: 

Top location, top investment! This classical style historic building is located in Guenthersburgallee, in the countryside and in the heart of the city, so to speak. It is a charming attic apartment, totally secure as a rental property - no vacancy in the last 10 years since the renovations. The bedroom has a built-in dimmer lighting, which runs around the ceiling moldings. The living room is accessed directly from the kitchen. The apartment has well refurbished, old wooden plank floors, which give the apartment the popular atmosphere.

The apartment has a gas-floor heating. Gas and electricity are paid by the tenant directly to the providers. The annual property tax (apportionable on tenant) was increased this year by about 4 euros to 51.84 EUR.

Margin (annual net rent : purchase price): 
3.5 %
Price per sqm: 
4.8 €
Description of location: 

The Nordend around the Friedberger Square (3 minutes away from the apartment), the Guenthersburgallee with its lush, park-like greenery, the nearby Guenthersburgpark that is reachable in five minutes with the subway no. 4, the Merianplatz (tram stop on Friedberger Square) are well-known qualities of one of the favorite locations within Frankfurt. Especially for the younger crowd, it is an absolute hit, to live in this "corner". Life takes place here. Here is the farmers' market every Friday as well as the after-market party. And with all that the Guenthersburgallee is a quiet residential street with residential parking.

Connection to traffic routes / public transport: 

Metro, tram, bus, all a few minutes away.

General noise level of location: 
Quiet
Number of Units in Building: 
8
Renovations done in the flat: 

The apartment was extensively renovated in 2005 and refurbished. Plank floors were sanded, shower room was renewed, fresh wallpaper installed and the ceiling moldings. Since then the apartment has always been well cared for and maintained by the owner.

Renovations to be done in the flat: 
None currently known.
Type of heating and warm water preparation: 
Gas
More options on heating: 
Single apartment boilers
Comments regarding parking situation: 
Those who do not want to miss out entirely on the car here will need a resident parking permit. This costs (according to information on the website of the City of Frankfurt) currently for two years 50 EUR. A parking space guarantee can not be given. On request, we can name 1-2 contacts, to permanently rent a parking space. The previous tenant never needed such.
Kitchen built in: 
Yes
Which is the most characteristic feature of this property: 
Location and charm of the apartment are just the best.
About reason for sale: 
Asset disposition.

 

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If you have problems to send the form, just call us at +49 6103 310847 or +49 151 5870 3200

 
Zimmer
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Küche
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Ausblick
Ausblick
Haus
Haus

Use the form below to contact us about this offer

Tel: +49(0)6103 310847
The information you send us via this form is 100% encrypted using modern encryption standards.

Please share any information about your real estate search, times of your availability for visits and everything else that is important  The more information we have in advance, the better we can respond to your request. If you do not want to write anything, that's ok too.

You do not have to send us a phone number. However, it makes it easier to arrange a short-term appointment with you or to clarify any queries, if we can also contact you by phone.

How much equity are you planning to invest?

If you have problems to send the form, just call us at +49 6103 310847 or +49 151 5870 3200

 

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