Well-maintained apartment building with 5 apartments and 5 garages in a quiet location. Factor 13x, return 7.67%!
- Exposé-ID:
- 22086
- Address:
- Postcode / place:
- 02977, Hoyerswerda
- Location:
- Hoyerswerda
- Area:
- 354.48 m2
- Type of object:
- Apartment building (Invest.)
- Purchase price:
- 420,000.00 EUR
Exposé as PDF Price information:
- Realtor commission:
- 6.96 % incl. 19% VAT (Gross 29,238.30 EUR)
- Purchase price:
- 420,000.00 EUR
- Purchase price/m2:
- 1,184.83 EUR
Areas:
- Total area:
- 354.48 m2
- Living space:
- 354.48 m2
- Land area:
- 1,381.00 m2
- Rentable area:
- 354.48 m2
Condition & construction:
- Construction type:
- renovated old building
- Construction year:
- 1928
- Modernization:
- 1998
- State of construction:
- completed
- State of object:
- groomed
- Distribution:
- 5 apartments on 5 floors
Use & yield:
- Occupancy rate:
- rented out completely
- Actual basic rent:
- 32.220,00 EUR p. a.
- Target basic rent:
- 32.220,00 EUR p. a.
- Target rent:
- 32.220,00 EUR p. a.
- Yield factor:
- 13,04-times
Equipment:
- Central heating
- Firing with gas
- Bathroom with window
- Solid construction
- Garage parking space
- Basement
Energy performance certificate from 06 March 2024:
- Type of heating system:
- Central heating
- Firing/energy source:
- Firing with gas
- Construction year:
- 1928
- Modernization:
- 1998
- Type of energy certificate:
- Consumption certificate
- Energy characteristic:
- 150 kWh/m² x a
- Energy efficiency class:
- E
- Date of Expiry:
- 25 March 2034
150 kWh/(m² x a) Energy efficiency class E
A+ABCDEFGH
0305075100130160200>250
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
This compact and well-renovated residential building with a constant, good return - you get over 7% - is ideal for security-oriented investors. Technical: Built on a spacious plot of land, the building, which was constructed in 1928 and extensively renovated in 1998, impresses with its above-average state of care and preservation. With functional floor plans and attractive furnishings, this house offers an overall package that is extremely popular with tenants. The highlight is the tenants' own small gardens. The attractiveness of the property is underlined by the successful new rentals, which were recently achieved at average conditions of around EUR 8.00/sqm. Facts/Features: - Renovation 1998 - family-friendly living environment - walking distance to supermarket/bus stop/center - Bathrooms with tub and window - some with kitchen-living rooms - large recreational property with individual garden use for tenants - functional carports and garages - Cellar compartments Yield: The current basic rental income is currently EUR 29,940 per year. By taking advantage of the market potential, the current increase by the owner as of June 1, 2024 and the new rentals that have already taken place will result in a short-term annual basic rent of EUR 32,220. The fully rented environment confirms the solid demand for living space in Hoyerswerda's old town. Citymakler Dresden markets this property exclusively for the owner! You can see the complete online exposé at www.citymakler-dresden.de/22086.
Rear view
Rear view with garages
Garages and communal parking space
Terrace apartment ground floor
Surroundings
Aerial photo of Hoyerswerda
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)
