Bornheim two-room apartment currently rented

Street: Inheidener Straße

ZIP Code: 60385

City or town: Frankfurt

Asking Price: € 188,000.00

Comment on purchase price: Basis for negotiation

Parking possibility: Street

Brokerage commission to be paid by buyer incl. VAT (% of notarized purchase price): 2.975 %

Total commission: 5.95 %

Commission payable by: Half by buyer and half by seller

Type of Land plot: Inner city

Size of Landplot: 2,625.00 m²

In a nutshell:
Rented apartment in a beautiful location opposite Panoramabad

Year of construction: 1955

Comment regarding year of building: Information in the energy certificate.

Detailed description of the object:
Small, fine apartment on the 4th floor of a residential complex, without elevator, with two rooms, in one the open kitchen niche, in the other the exit to the balcony; in between is the bathroom with a window; Entrance hall.

Parking options:
Streetparking

Kitchen built in: Yes

Notes regarding built-in kitchen: Used fitted kitchen that was also rented out

Room layout: Clear layout; Two living areas of the same size, one with a balcony, the other with a kitchenette, in the middle the bathroom with a window and in front of all areas the hallway, from which each room is separately accessible.

Description of location:
Excellent Bornheim location across from Panoramabad.

City district: Bornheim

Public transport connection:
Great. Metro and tram very close.

Type of energy performance certificate: Residential building consumption certificate

Date of Energy Performance Certificate: 22.02.2018

Year of Construction of the heat generator according to EPC: 2000

Year of construction of building according to EPC: 1955

Residential Building - Final Energy Value: 167.00 kWh/m²a

Main energy source: Natural gas

Energy consumption for hot water included: included

Energy efficiency class: F (< 200)

Type of Condo: Apartment

In which floor (groundfloor=0): 4

Total number of floors with GF and possibly DG: 4

Approx. living area: 38.33 m²

Source or reference to the floor space information: Plans as an annex to the declaration of division

Rented out (details): The lease began on October 1, 2013. This means that 8 rental years are fulfilled, which means that the notice period for personal use is 9 months.

Number of rooms (German counting): 2.00

Number of bedrooms: 1

Number of bathrooms: 1

Balcony, Terrace, Loggia: A balcony with a size of a little over 3 m² is available on the east side.

Co-ownership shares: 145/10.000 MEA

Share of property on the land in %: 1.45 %

Monthly housing fee: € 213.00

How much (in EUR) of maintenance fund payment already included in housing fee: € 47.90

(More) Informations on maintenance reserve fund: We do not have any more recent information

Note: Billing 2020

Allocable to the tenant when letting (excluding property tax and CO-2 share): € 133.00

Source of these informations: Billing 2020

Renovations to be done in the flat: Due to water damage, renovation of the damaged floor and part of the electrical system is necessary. The order has been placed; the damage is covered by the insurance.

Special use rights: nonee

Number of units in the block: 50

Further hint regarding other than apartment units: There are 20 garages that are permanently allocated. This apartment does not have a garage.

General information on the renting situation: The lease provides for an annual increase in rent of 1.5% as of January 1st. This is applied regularly. Therefore, the net rent from January 1, 2022 after an increase is € 473.12.

Land tax: € 126.48

Water, sewer, rainwater p.a.: € 214.36

Electricity : € 13.41

Heating cost: € 844.18

Waste disposal : € 154.29

Building insurance: € 54.85

Other operating costs : 309,36

Comment to the cost positions: The above figures are costs incurred from January 1, 2020 to December 31, 2020 and billed to the tenant via the apportionment. Annual fluctuations are possible and normal.

Other information or specialties: Visits are not possible (due to Covid and the tenant's professional situation). The apartment can be purchased as an investment.

Rights of separate use: No

Easements in section II land register: No