Modernised farmhouse as a solid investment Steinburg, Nordfriesland, Schleswig-Holstein, Germany Self Build £353,155 | €399,000 | $440,137 Request a Currency Exchange Quote Here

multi-family house, year of construction 1913, well maintained, bathrooms with window, shower, bathtub, more than 1 bathroom, balcony / terrace, central heat, energy consumption 155 kWh/(m²*a)

13 Images
Property Attributes

Property Features

Balcony, Terrace, Attic, Beamwork

Lifestyle features

City, Cycling, Hiking, Village

Amenities & Services

Schools, Shops


Property Description ID:38120313

The apartment house offered for sale here was built in 1913 as a farmhouse and has been regularly modernised since then so that it is in a well-kept and good overall condition. The huge, approx. 1.716 m² large property offers a cultivated outside arrangement. On two floors with a total living space of approximately 345 m², 5 residential units are distributed. These have between 34 m² and 107 m² living space. Bright rooms and functional floor plans distinguish the residential units. The attic apartments have beautiful wooden beam ceilings. Three of the five apartments have already been modernised. These have been equipped with modern bathrooms, kitchens and new floor coverings. After consultation with the building authorities, the attic floor may offer further potential for expansion.

The units are all let and achieve a net cold rent of € 25,000.00 p.a., which corresponds to a solid gross yield of approx. 6.27%.

An agent's commission in the amount of 3.75 % of the purchase price incl. legally applicable VAT of 19% is due upon conclusion of a notarised purchase agreement.

The beautiful municipality of Steinburg, which emerged from the merger of three districts, was first mentioned in documents in the 13th century. The municipality has about 2,800 inhabitants. The scenic surroundings consist mainly of fields and meadows. On the well developed cycle paths the municipality can be explored in the best way. The centre of the village is Mollhagen. Here are shops of the daily need, doctors, a school, a kindergarten and a crèche. The many resident associations provide sufficient variety in everyday life and strengthen the bond within the community members. The community has good transport connections to Bad Oldesloe, Bargteheide and Trittau. The city centre of Hamburg is about 40 kilometres away.

The property is centrally located in Mollhagen. A bus stop is within walking distance.

The information contained in the property summary is based solely on information provided by the vendor. realbest Germany GmbH therefore accepts no liability for the accuracy or completeness of the information contained in the property summary. We would like to explicitly state that we have not verified this information either in law or in fact and therefore recommend that you seek legal counsel or advice from appropriate experts. All floor space measurements are approximate. Our general terms and conditions apply.


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