AllGrund Ltd. | HRB 50527 AG Offenbach
Immanuel-Kant-Str. 35 | 63303 Dreieich
Tel.: 06103 310847 | Fax: 06103 8073755
Email: service@allgrund.com Homepage: www.allgrund.com
4 rooms, kitchen, bathroom, 2 balconies, elevator, garage, built 1970
ZIP Code:
60325
City or town:
Frankfurt
Federal country:
Hessen
Asking Price:
€ 850,000.00
Size of Landplot:
456.00 m²
In a nutshell:
Very nice Westend apartment between Beethoven and Westendplatz. 2nd floor, lift, garage.
Year of construction:
1971
Comment regarding year of building:
The year of construction was taken from the lift sign, as we do not currently have other documents. It is a post-war reconstruction.
Detailed description of the object:
In best Westend location you can acquire this four-room apartment with two balconies. Newly furnished and rented for a limited time. The apartment has three bedrooms, a living room, a bathroom, guest toilet, a (not new) kitchen with built-in fittings, and a hallway and two balconies. The building is from the seventies. The two balconies and the top location of the apartment are simply unbeatable arguments for this Westend rarity! Perfect investment.
The building is six-storey, with elevator, natural stone facade and interior paneling in the entrance area, located in the best Westend.
Features:
Newly refurbished parquet floor, marble bathroom
Parking options:
Parking in underground garage
Comments regarding parking situation:
It is a single parking space in the inside garage, which is at ground level, so no underground parking. The parking space is very easily accessible. It is within the purchase price.
Type and age of windows:
Insulated aluminium windows double-pane, 90ies.
Kind and extent of refurbishments:
In 2017 all ceilings and walls newly decorated in white, as needed repaired. Parquet sanded, primed and sealed.
Kitchen built in:
Yes
Notes regarding built-in kitchen:
The kitchen very well maintained. Age about 10 years.
Type of energy performance certificate:
Residential building consumption certificate
Residential Building - Final Energy Value:
207.50 kW/m²a
Main Energy Source - Other:
Natural gas
Year of Construction of the heat generator according to EPC:
2009
Energy consumption for hot water included:
included
Energy efficiency class:
G (< 250)
Year of system installation comment:
According to energy certificate
Date of Energy Performance Certificate:
20.07.2015
Description of location:
The south-east bound Savignystraße, where this apartment is located, is a relatively quiet one-way street, known for its facilities of the Jewish community and the (Catholic) St. Anthony's Church with its stucco-rich construction.
City district:
Westend
Public transport connection:
Trams 16, 17 and the metro station Messe / Westend of the U4 are only a few minutes' walk away. In addition, the area is well served by bus lines.
Connection to traffic routes by car:
You are in a few minutes on the highway (junction Messe) and at the airport. You can walk to the city center on foot or by bike. The walk to the Old Opera is about 15 minutes (1.2 km). About the same distance to walk is to Central Station Frankfurt am Main.
General noise level of location:
Quiet
Child friendliness of the location:
Very kid-friendly location
Development of bicycle routes:
Here, as in the entire inner city, the traffic conditions for cyclists have been significantly improved in recent years; own bicycle lanes facilitate road safety for all participants over long distances. Further traffic route development for bi-wheelers is planned by the city.
Type of Condo:
Apartment
In which floor (groundfloor=0):
1
Approx. living area:
107.86 m²
Source or reference to the floor space information:
This floor space information is taken from the division declaration.
Owner used:
No
Rented out (details):
The apartment is rented since June 2017 furnished with a time lease. The rent is a flat rate of € 2,500, including all utilities and electricity. The lease is agreed on both sides with two months' notice.
Number of rooms (German counting):
4.00
Number of bedrooms:
2-3
Number of bathrooms:
1
Guest WC (powder room):
1
Balcony, Terrace, Loggia:
Two balconies; one to the west, one to the south according to the orientation of the building
Co-ownership shares:
97,92 / 1.000tel MEA
Share of property on the land in %:
9.792 %
Monthly housing fee:
€ 481.83
How much (in EUR) of maintenance fund payment already included in housing fee:
€ 52.52
In case of renting out payable amount by tenant:
€ 400.00
Source of these informations:
Billing 2016
(More) Informations on maintenance reserve fund:
The information was taken from the settlement documents for 2016 and extrapolated on the basis that no withdrawals were made from the reserve in 2017 and 2018 to date. A request to verify this information has been sent to the property management.
Renovations to be done in the flat:
It is recommended to renew the windows and balcony door elements. This is up to each owner. Single Rule: Authorization by the Administrator to preserve the external view of the building.
Estimated cost for this:
Offer requested
Renovations done in the flat:
Parquet renovation, walls, ceilings, balcony repairs. In addition, the apartment was completely refurbished for the purpose of furnished rental.
Special use rights:
Car parking space No. 5
Number of units in the block:
15
Condition:
Community ownership includes a number of measures, such as the renovation of the balconies. For this, see the protocol from 2018.
General information on the renting situation:
Temporary lease with mutual extension options for a flat rate rent of € 2,500.
Further information on the net rental income:
The net rent is calculated by deducting the incidental costs normally incurred by the tenant plus the flow of the apartment. A service charge settlement does not take place. The net amount remaining is about 2000 €.
Is the property fully rented out:
Yes
Renovations to be done in the building:
The balcony renovation is due. The administration is responsible for determining the condition of the balconies, after which a discussion of the further procedure takes place.
Estimated cost for this:
no cost estimates available yet
Other information or specialties:
In 2016 and 2017, no homeowners' meetings took place.
Stepless access:
Yes
Status at handover:
rented
Available as of:
negotiable
When is object available:
The apartment can be taken over at short notice.
Are value-relevant particularities known:
The land value in this zone increased by about 165% from 2016 to 2018
Registered public encumbrances?:
existing as per online research; detailed information requested on 8.7.2018
Other rights and encumbrances:
none
What is the outstanding feature of this property:
Here the location is the warp and woof of the property
About reason for sale:
Departure from Frankfurt
Comment:
A rare opportunity to find an apartment in the Savigny street that is charming, comfortable, bright and in good condition.
Appointments for viewings:
By arrangement quite flexible possible. Only individually agreed appointments.
General Terms and Conditions
The property has been proven by AllGrund Immobilien GmbH Dreieich. Upon conclusion of the purchase contract, the brokerage fee, which the buyer pays to AllGrund, amounts to {courage} of the purchase price incl. VAT, due and earned with the notarial purchase contract. Subject to prior sale or letting. All information without guarantee, errors excepted. Contracts and brokerage contracts are concluded according to German law.
Right of withdrawal: The undersigned hereby confirms that he/she may withdraw from the brokerage contract within 14 days of the conclusion of the contract by email, fax or letter without stating reasons. However, the service of the broker shall be deemed to have been claimed and fulfilled if the undersigned, waiving his right of withdrawal, requests the conclusion of a purchase contract before the expiry of the 14 days. Notwithstanding the foregoing, the above-mentioned commission shall be payable to the broker only and in any case upon conclusion of a purchase contract. No further costs shall be incurred either in the event of revocation of the brokerage agreement or in the event of failure to conclude a purchase agreement for this property. The same applies in the case of a rental agreement.
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Right of withdrawal / cancellation policy
Please note the following important information for you as a consumer regarding your right of revocation!
You have contacted us as an estate agent and would like to rent or buy a property (house, flat etc.) offered by us. By doing so, you are entering into a brokerage contract according to the law. This does not necessarily have to be concluded in written form, but can also be done by so-called conclusive behaviour. You give us the order to arrange a property for you, to show it to you, or to inform you of the address or to establish contact with the seller or landlord. As soon as we have given you this information, we are generally entitled to commission. (It is like in any other business - you want a service and we as a service provider have earned a fee for it, if the service has been rendered completely - or if necessary also partially).
In the following we explain your right of withdrawal according to § 355ff. BGB
We will be happy to answer any further questions you may have. Please note that these explanations refer exclusively to your right of revocation of the brokerage contract, but not to rental or purchase contracts. You as the client may revoke your contractual declaration as described above vis-à-vis the estate agent within 14 days of the conclusion of the contract without stating any reasons (e.g. by letter, fax, e-mail). The time of the conclusion of the contract is generally considered to be the time when you commission the estate agent to send you details of the offered property or to act on your behalf (e.g. viewing appointment, sending of an exposé or further information, forwarding of the address, rental contract, purchase contract etc.). In any case, the receipt of this revocation instruction in paper form is the latest point in time at which the 14-day revocation period begins.
In order to comply with the revocation period it is sufficient to send the revocation in due time by letter to AllGrund Immobilien GmbH, Immanuel-Kant-Straße 35, 63303 Dreieich or by fax to 06103/8073755 or by e-mail to service@allgrund.com or SMS to 0151-58703200. Sending the revocation to us on the last day of the revocation period is deemed to be in due time. If you send us your cancellation by email, we recommend that you use a second means of communication, preferably by fax, as emails can sometimes end up in automatic spam filters over which we have little control. You are also welcome to call us to make sure that we have received your cancellation. However, you cannot revoke orally. After proper revocation, any payments already made by you to us must be returned to you as the client without delay, at the latest within fourteen days of receipt of the revocation by us. No fee will be charged to you as principal for this return of payments. The return of the payments shall be made in the same way as the payment was made by you.
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Order for the provision of services before the end of the cancellation period
If you wish to commission us to provide a service before the expiry of this 14-day revocation period (e.g. viewing, naming an address, sending detailed documents, naming landlord or seller), you thereby declare to us that you have been informed of this and agree that your right of revocation thereby expires.
If you have nevertheless already received services from us by the time you exercise your right of revocation in due time, you thereby declare that, in the event of a revocation of this conclusion of the contract, you shall pay a customary, reasonable remuneration for the services rendered up to the time of revocation, which remuneration shall correspond to the share of the services already rendered in the total scope of the contractually agreed services. If the proof of the opportunity to conclude a contract or for the mediation of a contract has been provided, this shall correspond to the total scope of our services. Other services rendered up to that point (viewings, consultations relating to the purchase or rental, etc.) are to be remunerated by you, if applicable, in an appropriate and customary manner in accordance with the broker's effort, insofar as the entire service has not yet been rendered in full.
Expiry of the right of withdrawal through complete performance of the service
You, as the client, are hereby notified that your fourteen-day right of cancellation set out above will expire once we have fully and properly provided the contracted services.
Please note:
The law requires us to provide you with this cancellation notice for each property brokered by us. There is no possibility to declare a general waiver of this requirement. Therefore, if you are requested to sign this confirmation again at each viewing, this is solely due to the legal regulations to which we are bound. If an exposé states that you, as a potential tenant or buyer, do not have to pay any commission (for example, because the agent is remunerated by the landlord or seller or, if applicable, is offering a property from his own property), the right of withdrawal does not apply.
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