Well-maintained listed apartment building - 940 EUR/sqm - fully rented to long-term, loyal tenants!
- Exposé-ID:
- 22085
- Address:
- Postcode / place:
- 02977, Hoyerswerda
- Location:
- Hoyerswerda
- Area:
- 575.00 m2
- Type of object:
- Apartment building (Invest.)
- Purchase price:
- 540,000.00 EUR
Exposé as PDF Price information:
- Realtor commission:
- 6.96 % incl. 19% VAT (Gross 37,592.10 EUR)
- Purchase price:
- 540,000.00 EUR
- Purchase price/m2:
- 939.13 EUR
Areas:
- Total area:
- 575.00 m2
- Living space:
- 575.00 m2
- Land area:
- 490.00 m2
- Rentable area:
- 575.00 m2
Condition & construction:
- Monument protection object:
- Yes
- Construction type:
- renovated old building
- Construction year:
- 1925
- Modernization:
- 2004
- State of construction:
- completed
- State of object:
- groomed
- Distribution:
- 5 apartments on 5 floors
Use & yield:
- Occupancy rate:
- rented out completely
- Actual basic rent:
- 38.707,56 EUR p. a.
- Target basic rent:
- 38.707,56 EUR p. a.
- Target rent:
- 38.707,56 EUR p. a.
- Yield factor:
- 13,95-times
Equipment:
- Central heating
- Firing with gas
- Bathroom with window
- Concrete block roof
- Garage parking space
- Basement
Energy performance certificate:
No information on the energy performance certificate is currently given for this property, since this is either not required or will be submitted later on request.
Important documents:
Location
Hoyerswerda, the third largest city in Upper Lusatia - also known in Saxony as "Hoywoy", is located just 35 km from Cottbus and 55 km from Dresden on the southern edge of the Lusatian Lake District. Known during the GDR era for its industrial housing construction, Hoyerswerda is now a place of vibrant life. This is ensured by the culture factory, which is well known beyond the town's borders, the Lausitzbad, the zoo, a trampoline park and the computer museum. The numerous bathing lakes and the "Krabat-Mühle" adventure farm in Schwarkollm promise relaxation close to the city. The price per square meter for property buyers here is around 40% lower than in major Saxon cities such as Dresden. This speaks for the location: very good transport links (B 96 to Sassnitz, B 97 from Dresden to the Polish border as well as various bus and train lines); good cultural offerings (Lausitzhalle Hoyerswerda, Kulturfabrik), offers for children and families (e.g. the "Kinder-Uni Lausitz"); attractive price level
Description
In the middle of the sought-after old town of Hoyerswerda stands this listed apartment building, which offers a rare combination of historical charm and modern living comfort. Technical: Completely and carefully renovated in 2004, this property comprises a total of five apartments that offer a home for its long-term tenants. The house has retained its old-world charm with its restored wooden windows, glass arches, historic bay windows and Art Deco decorations. The apartments open onto a south-east facing balcony or loggia, from which you can enjoy the peace and beauty of the surroundings. The modern bathrooms are equipped with both a shower and a bathtub. The entire room layout is primarily designed for families, as such apartments are in short supply, particularly in the old town, and are very popular. A fact that will therefore ensure a high potential for rent adjustments in existing properties or for new rentals in the future. A special highlight is the carport behind the old building, which offers safe and convenient parking and storage space. In addition, all apartments have a basement storage room. Yield: After a recent round of increases by the owner, the net rental income amounts to EUR 38,707.56 per year as of May 1, 2024 (equivalent to EUR 5.61 per sqm). The tenants have been rooted in the building for many years, which reflects a high level of income security. Citymakler Dresden markets this property exclusively for the owner! You can see the complete online exposé at www.citymakler-dresden.de/22085.
View of carports
Partial view of the property
Passage to the property
Staircase view 1
Staircase view 2
Balcony example
The information given in the exposé is based on the data transmitted to us by the client or property owner. No guarantee can be given for the correctness and completeness.
Thomas Ritzschel
Senior Manager Sales / Graduate Civil Engineer (TU)
