Let, furnished 2-room investment property with balcony and parking space – approx. 6.55 % rental yield
09337 Hohenstein-Ernstthal3rd floor
At a glance
Property Description
For sale is a let two-room apartment in a well-maintained multi-family house built in 1989, located in a quiet and attractive residential area of Hohenstein-Ernstthal.
The residential complex was divided into individual condominiums in the mid-1990s. Since the conversion, the owners' association has continuously invested in the maintenance and modernisation of the communal property. Measures already carried out include, among others, the replacement of the windows, the redesign of the façade and entrance areas, the renewal of the heating system, and the creation of car parking spaces.
The flat is located on the 3rd floor and has a living space of approximately 45 m². The well-thought-out layout comprises a cosy bedroom, a bright living room and a separate kitchen with an existing fitted kitchen. The bathroom is fitted with a bathtub. Laminate flooring throughout the living areas creates a pleasant and homely ambience.
A private outdoor parking space as well as a separate cellar compartment complete the offer, providing additional comfort and practical storage space. Heating is provided by a gas central heating system.
The flat has been fully furnished and freshly let, making it particularly suitable for investors seeking an already let property with a manageable investment volume.
The monthly cold rent amounts to €270, plus €113 for heating and ancillary costs. The monthly warm rent therefore amounts to €383.
Fittings
With its furnishings, fitted kitchen, balcony, private parking space, cellar and existing tenancy, the flat offers excellent conditions for investors.
Property data
| Property types | Flat, apartment |
| Address | 09337 Hohenstein-Ernstthal |
| Floor | 3 |
| Floor location | 3 |
| Living space approx. | 44.90 m² |
| Rooms | 2 |
| Rental income | 383 € / month |
| Heating type | Central Heating |
| Primary energy source | Gas |
| Year built | 1989 |
| Buyer's commission | 3,000 Euro incl. VAT. The commission is due upon the purchase agreement becoming effective and is payable immediately. The commission is due upon notarisation of the purchase agreement. |
| Purchase price | 49.500 EUR |
Energy performance certificate
| Type of energy performance certificate | Consumption certificate |
| Year built according to energy certificate | 1989 |
| Primary energy source | Gas |
| Final energy consumption | 107 kWh/(m²·a) |
Location
The flat is located in Wüstenbrand, a district of Hohenstein-Ernstthal in the Zwickau district (Saxony). The district lies approximately 7 km east of Hohenstein-Ernstthal and around 20 km south of Chemnitz.
The surroundings are peaceful and close to nature. Nearby woods and fields offer ideal opportunities for walks and leisure activities. At the same time, good infrastructure is available: shopping facilities, schools, kindergartens and medical facilities can be reached quickly.
The A4 motorway can be reached in around 15 minutes and provides good access to Chemnitz, Dresden and Leipzig. Public transport is within walking distance.
This location combines relaxed living surrounded by greenery with good transport connections.
09337 Hohenstein-Ernstthal, Germany (view on Google Maps)
Commission, right of withdrawal and notices
>The commission is due upon the purchase agreement becoming effective and is payable immediately. The commission is due upon notarisation of the purchase agreement.
Cancellation Policy
Right of Withdrawal
You have the right to withdraw from this contract within fourteen days without giving any reason.
The withdrawal period is fourteen days from the day the contract is concluded.
To exercise your right of withdrawal, you must inform us (L&B Immobiliya EuRus GmbH, Frankfurter Allee 18, 10247 Berlin, Tel: 030 76214976, Email: info@immobiliya.de) by means of a clear declaration (e.g. a letter sent by post or an email) of your decision to withdraw from this contract. You may use the attached model withdrawal form, although this is not obligatory.
To meet the withdrawal deadline, it is sufficient that you send your notice of the exercise of the right of withdrawal before the withdrawal period expires.
Effects of withdrawal
If you withdraw from this contract, we shall reimburse to you all payments received from you, including the costs of delivery (with the exception of the supplementary costs resulting from your choice of a type of delivery other than the least expensive type of standard delivery offered by us), without undue delay and in any event not later than fourteen days from the day on which we are informed about your decision to withdraw from this contract. We will carry out such reimbursement using the same means of payment as you used for the initial transaction, unless expressly agreed otherwise with you; in any event, you will not incur any fees as a result of such reimbursement.
