Dreieichenhain: terraced house with leasehold, available immediately

ZIP Code: 63303

City or town: Dreieich

Asking Price: € 295,000.00

Parking possibility: Garage

Asking price for parking areas: € 5,000.00

Brokerage commission to be paid by buyer incl. VAT (% of notarized purchase price): 2.98 %

Total commission: 5.95 %

Commission payable by: Half by buyer and half by seller

Note on the commission: Seller and buyer each pay 2.5% plus VAT upon conclusion of a purchase contract. The basis is the notarised purchase price. The value added tax is 19% as of 1.1.21.

Amount of commission to be paid by the seller (incl. 19% VAT): € 8,776.25

Amount of commission to be paid by the buyer (incl. 19% VAT): € 8,776.25

Type of Building: Townhouse

Living area: 88.40 m²

Explanations to the living space: The living space is taken from the old documents.

Source or references to the floor space informations:
Construction file copy

Number of full sized floors: 2

Note regarding full sized floors: Ground floor and first floor.

Type of Land plot: Inner city

Size of Landplot: 246.00 m²

Quality of living area: Good location

In a nutshell:
49 years remaining, cute row house as a modernization project.

Year of construction: 1970

Detailed description of the object:
Row middle house with heritable building rights, very cozy in the style of the 70s, full basement, flat roof; Living room and dining area on the ground floor, kitchen, guest toilet. Three bedrooms on the 1st floor, with balcony and bathroom.
Electric night storage heaters, outdated electrics and windows - some modernization needed. Very nice garden, single garage.

Features:
Nothing special

Number of residents whole community: 42.000

County (Kreis): Offenbach

Federal country: Hessen

Type and age of windows:
Isoverglazed double windows, some from 1984, some older

Year of essential refurbishment of the special property (apartment): keine Modernisierungen

Kitchen built in: No

Description of location:
The row of houses is in a dead end. The conditions are ideal for a family with 1-2 children. Schools and kindergartens are nearby. (Weibelfeld school, various daycare centers and kindergartens). Dreieich outdoor pool within walking distance.

City district: Dreieichenhain

Public transport connection:
The Dreieichbahn stops at the Weibelfeld train station, 5 minutes away; There are also several bus routes that go to various parts of Dreieich and the surrounding area.

Connection to traffic routes by car:
A 661 motorway can be reached in five minutes, the A5 motorway in approx. 12 minutes. Frankfurter Kreuz approx. 15 minutes. Airport about 15-20 minutes.

General noise level of location: Medium

Child friendliness of the location: A very child and family friendly location

Development of bicycle routes: Dreieich has pushed the expansion of cycle paths in all parts of the city in recent years.

Shopping facilities, gastronomy, entertainment: There is a large selection of supermarkets in the Dreieichenhain industrial park. Hardware stores, furniture stores and supermarkets can also be found in nearby Sprendlingen. But smaller retailers are also located in Dreieichenhain and Sprendlingen.

Type of energy performance certificate: Residential building demand certificate

Date of Energy Performance Certificate: 17 Nov. 2020

Year of Construction of the heat generator according to EPC: 1971

Year of construction of building according to EPC: 1970

Final energy value: 162.70 kWh/m²a

Main energy source: Electricity

Energy consumption for hot water included: included

Energy efficiency class: F (< 200)

Type of heating and warm water preparation: Electricity

More options on heating: So far electricity. The good news: the house has already been connected to public natural gas.

Is there an inheritable right of lease?: Yes

Start of heritable building right: 30.09.1969

End date heritable building right: 29.09.2068

Ground rent p.a. at acquisition: € 433.30

Standard land value per sqm of land area: € 223,550.00

Explanations to the inheritable right of lease: The current ground rent is € 433,30. How high this will be in connection with the acquisition of the heritable building right is not yet known. Discussions must be held with the leaseholder in advance of the acquisition of interested parties. A purchase of the property is not necessarily excluded.
Here is an answer to the request from the municipality:
"I cannot give you any binding information about the level of a ground rent at a point in time in the future. It depends on the level of the consumer price index, the income index and the decisions made by the municipal committees. The current ground rent is € 433.30, see also Section II of the land register. Since the ground rent was only recalculated in 2017, it will probably (non-binding statement!) Remain at this level for some time. "