Jewel in Nied with 3 rooms, kitchen, bathroom, balcony

Street: Birminghamstraße

ZIP Code: 65934

City or town: Frankfurt

Asking Price: € 345,000.00

Comment on purchase price: Parking space included with €10,000

Price per sqm living or other space: € 4,700.00

Parking possibility: Own underground parking space

Asking price for parking areas: € 10,000.00

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

Note on the commission:

The brokers commission is divided in half between seller and buyer (according to BGB § 656c) and is earned and due upon conclusion of the notarial purchase agreement. It is calculated on the final negotiated and notarized purchase price and amounts to a total of 5.95% incl. VAT of 19%.

Purchase extra costs: Approx. 10% for the buyer of the purchase price.

Type of Land plot: Inner city

Size of Landplot: 1,969.00 m²

Quality of living area: Simple residential area

In a nutshell:
Very nicely renovated and equipped apartment full of comfort

Year of construction: 1972

Comment regarding year of building: Year of declaration of division; Specification in the energy certificate

Detailed description of the object:
Very inviting entreé, passage with round arch to the living room with balcony (loggia) is on the right (south side), kitchen and the two bedrooms are on the left. In the middle is the eye-catching bathroom, which has been completely renovated and modernized and is especially nice and bright. The kitchen is fully equipped, in the two bedrooms are custom-fit closets with mirrors, in the living room a large corner sofa, glass cabinet, TV - you can move in directly without further ado. (See photos). For the existing inventory a separate payment of 5.400 € is due.

Features:
Fully furnished with a few things missing (e.g. mattresses for parents' bed). Elegant floor in vinyl, therefore easy to care for.

Parking options:
Parking in underground garage

Type and age of windows:
Plastic double-glazed windows, recent (about 10-15 years young)

Year of essential refurbishment of the special property (apartment): 2016

Kind and extent of refurbishments:
The entire apartment was renewed, including large parts of the electrics, wallpaper, floor covering and of course the bathroom completely

Cellar layout: The apartment includes a basement room

Description of location:
The apartment is located in Birminghamstraße in an urban area with mixed housing - high-rise buildings stand side by side with row houses and apartment buildings. Birminghamstraße is a side street to Mainzer Landstraße at the level of the Nied-Schwanheim traffic junction (Mainbrücke).

City district: Nied

Public transport connection:
Birminghamstraße 91 is about a ten-minute walk from the Nied S-Bahn station (S1 and S2). Even closer is the Stadtbahn stop on Mainzer Landstraße (tram lines 21+11). The journey time to Frankfurt's main train station is about half an hour.
In addition, there are bus connections.

Connection to traffic routes by car:
It takes about 15-20 minutes to cross the Schwanheim Bridge to Rhein-Main Airport. Only 5-7 minutes to downtown Frankfurt. Also approx. 15 minutes to the motorway junction (A3/A5).

General noise level of location: Quiet

Schools, kindergardens ect.: Two day care centers in the immediate vicinity. Elementary school three minutes (Panorama School).

Shopping facilities, gastronomy, entertainment: REWE 250m, more in the area

Type of energy performance certificate: Residential building consumption certificate

Date of Energy Performance Certificate: 23.10.2018

Year of Construction of the heat generator according to EPC: 1972

Year of construction of building according to EPC: 1972

Year of system installation comment: A new gas central heating was installed in 2019, which is of course not taken into account in the energy certificate from 2018. The right energy source is fossil natural gas.

Residential Building - Final Energy Value: 62.00 kWh/m²a

Main energy source: District heating

Main Energy Source - Other: Contain no further details

Energy consumption for hot water included: included

Energy efficiency class: B (< 75)

Type of heating and warm water preparation: Gas

More options on heating: The heating system is now independent of district heating, the supply of which has been insufficient in recent years. (See minutes 2018, 2019)

Age of heating system (approx): 3 Jahre years

Air condition: no

Special electrical installations: none known of

Security installations: none

Billing for heating and hot water: Consumption dependent,

Photovoltaics available?: no

Solar collectors for hot water available?: no

Type of Condo: Apartment

In which floor (groundfloor=0): 3

Total number of floors with GF and possibly DG: 7

Approx. living area: 73.00 m²

Source or reference to the floor space information: The living space was determined by an expert by measurement on 11.4.2022. It deviates by 3 m² from the information in the declaration of division. However, the declaration of partition does not state the living area, but the "dimension", so it can be assumed that the floor area of the loggia was fully taken into account here. The annual statement is based on the information in the declaration of division. This must be pointed out when renting out the property in order to avoid problems with the apportionment formula for heating costs. The heating bill refers to 76m² of floor space. (Germany, why are you so complicated.....)
The inaccuracies of the usable areas on which the heating cost statement is based were pointed out at the owners' meeting of 11.12.2019 and a resolution was proposed to commission an expert to determine the "heatable areas". However, this has been rejected.

Owner used: Still....but it will be cleared when it is handed over (moving abroad)

Number of rooms (German counting): 3.00

Number of bedrooms: 2

Number of bathrooms: 1

Balcony, Terrace, Loggia: A very beautiful, pleasantly large loggia to the south (but protected from the blazing sun by the building opposite)

Co-ownership shares: 19,828 / 1.000tel MEA

Share of property on the land in %: 1.983 %

Monthly housing fee: € 477.00

How much (in EUR) of maintenance fund payment already included in housing fee: € 99.14

(More) Informations on maintenance reserve fund:

We have received the following information on this from the property management:

"The last decided and therefore legally valid status of the maintenance reserves is from 31.12.2019/01.01.2020 and is composed as follows:

Reserve: 458,087.01 euros - of which 9082.95 euros are for apartment #58 (458087.01 euros : 1000 MEA x 19.8280 MEA)

Reserve washing machine: 12485.48 euros - of which 247.56 euros are for apartment #58 (12485.48 euros : 1000 MEA x 19.8280 MEA)"

Note: However, the actual costs in 2020 were € 80 p.mth. lower than the advance payment. There were also correspondingly high credit balances in previous years. (The increase to €477 in 2020 is actually a bit incomprehensible).

Allocable to the tenant when letting (excluding property tax and CO-2 share): € 250.00

Source of these informations: Housekeeping bill 2020

Renovations to be done in the flat: none

Special use rights: Parking spot number 32

Number of units in the block: 80

Massive or extensive refurbishments (year): In 2017, a resolution was passed to terminate all contracts with the district heating supplier and to set up a mobile heating station with Mainova instead. In 2018, it was decided to cancel this resolution and instead conclude a heat supply contract (contracting). This was then also implemented, To this extent, the information in the energy certificate (from 2018) about district heating is no longer correct. Instead, a gas-fired central heating system has been installed in building 89 for both buildings 89 and 91.
At the same meeting, the earlier decision to have the apartments remeasured on the basis of usable floor space because of the distribution of heating costs was rejected.

General information on the renting situation: The apartment is not rented because owner-occupied; but should be easily rentable.

Land tax: € 322.92

What is the outstanding feature of this property: The apartment is a particularly beautifully designed "pearl"

About reason for sale: Moving abroad for professional reasons

Appointments for viewings: By arrangement (apartment is free, we have the key)

Covid-19 notes: Please still with a mask, and only individual appointments