Apartment house in city Helmstedt
677.00 sq.m.

€ 145 000

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Proposed apartment building in the town of Teningen, lower Saxony,

Direct sale!

the ability of the mortgage or the payment in installments in the presence of 60 000 Euro of their own capital!

property Description:

the Proposed apartment building massive stone Imperial 1885 is located in the quiet historical centre of the small, peaceful West German town of Teningen, a suburb of the Central of Helmstedt, which is located between Braunschweig and Magdeburg.

In the vicinity of the house you can find a school, kindergarten, branches of German trade networks and other vital infrastructure.

the Pedestrian shopping street of the town (local Arbat) is located just 100 meters from the house.

the House is situated on a private land plot of 1.004 m2, which is already included in the price.

outside the house there are enough places for Parking of tenants.

the home currently has five large apartments:

First floor:

two bedroom apartment with an area of 73 m2 approx. is divided into living room (approx. 20 m2), bedroom (approx. 18 m2), children's room (CA. 17 m2), kitchen(approx. 11 m2), bathroom with tub and toilet (approx. 4 m2), hallway (approx. 3 m2).

two bedroom apartment with an area of 69 m2 approx. is divided into living room (approx. 19 m2), bedroom (approx. 20 m2), children's room (approx. 11 m2), kitchen(approx. 8 m2), bathroom with tub and toilet (approx. 9 m2), hallway (approx. 2 m2).

Second floor:

two bedroom apartment with an area of 73 m2 approx. 

two bedroom apartment with an area of 69 m2 approx.

On the third, mansard floor house is another spacious apartment with an area of about 141 m2.

the house also has a spacious basement for technical needs and for storage of tenants.

Also on the site there is a capital annexe area approx. 100 m2 used as a warehouse.

At the request of the new owner, the annexe can also be rebuilt into a dwelling to increase the rental income.

For lease the apartments are required to carry out repairs.

the Volume of repair depends on the requirements and creative ideas of the new owner and can be calculated with the help of specialists of our company in a short time.

We can also arrange repair works.

there is also a possibility for the reconstruction and redevelopment of existing houses with the aim of obtaining the maximum benefit from the lease.

the Seller is willing, together with the object to transfer and the estimate for redevelopment of the facility 10 apartments of varying layouts.

also on site there is enough space for the construction of another new apartment building, again with the aim of increasing rental income per sq. m.

the Municipality has already signaled its willingness to issue a permit for construction.

based On the average cost of renting in the area, with proper management and complete rent this (already built) property can bring about 3.600 euros monthly income.

Our company is ready to render all necessary services negotiating with the seller-owner, competent legal registration and after sales management of the property.

including on registration of a possible residence permit.


Helmstedt - famous historic city with a population of more than 30,000 thousand is an important transport and logistic hub of Germany. In this economic region is home to more than 100 thousand people.

Helmstedt is located on the main transport artery of Germany, the autobahn A2 and Federal roads В82 and В244.

the city is the largest logistics and customs point for all goods entering the EU from Eastern and southern Europe directions.

Helmstedt is known for its historic University where he taught the famous Giordano Bruno and numerous museums.

the Proximity of the plant Volkswagen, and many enterprises of international importance, provide good opportunities for business and work.

This and many other companies are doing Helmstedt attractive city for investment and for living in it.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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