Selling Price | 159.000 € |
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Courtage | no courtage for buyers |
A very special condominium awaits you in Iserlohn-Letmathe.
Thanks to the existing passenger elevator and barrier-free access to the apartment, it is also suitable for the older generation.
The residential property for sale is located high up on the 7th floor. You have no direct floor neighbors, as all of the residential units in this property were built offset.
The view is simply magnificent. You live here unobserved and somehow all to yourself. The two balconies facing south/east and north/west invite you to linger and offer a unique panoramic view of the Letmathe district in every direction.
In addition, this residential property impresses above all with its unusual floor plan. But come in first. The following layout awaits you:
- Living/dining area
- Master bedroom
- Children's room (alternatively: home office or guest room)
- kitchen
- Entrance hall
- Intermediate hallway
- Guest WC with window
- Daylight bathroom with shower/washbasin/WC
- Utility/storage room with two windows
Inventory:
The existing fitted kitchen is also being sold and is already included in the stated purchase price.
Windows:
The windows are made of plastic and are double-glazed. They are darkened by roller shutters. The shutters in both bedrooms and in the living/dining area are electrically operated.
Current flooring:
Parquet flooring is laid in the living/dining area and in the children's room. The master bedroom is carpeted. The kitchen, the entrance hall, the intermediate hallway, the guest WC, the bathroom and the utility/storage room are tiled.
What else you should know:
The community of owners consists of a total of 16 units.
Co-ownership share of the apartment according to the declaration of division: 625 / 10,000.
TV reception is via a cable connection. Each owner/occupant is responsible for registering this themselves.
The billing documents available to us show that garden and grounds maintenance, house cleaning and winter maintenance are outsourced and are therefore billed via the house fee.
The responsible property management company is from Iserlohn, so it is active locally and has also been working for the owners' association for several years.
According to the declaration of division, the apartment has its own cellar storage room and an allocated outdoor parking space in the immediate vicinity of the building entrance.
Additional garage option:
The stated purchase price includes a separate garage with electricity in the nearby garage yard. This is independent from a land registry point of view, but is also to be sold by the same owner. The intrinsic value of the garage is EUR 4,000.00.
House fees:
According to the current economic plan, the monthly house fee payable since 01.01.2024 amounts to a rounded EUR 517.00. Of this, EUR 4,701.35 (monthly: EUR 391.78) is attributable to the pure house fee and EUR 1,497.24 (monthly: EUR 124.77) as an allocation to the maintenance reserve.
The high house fee can be explained, among other things, by the owner's extremely expensive heating consumption costs of around EUR 1,900.00 in 2023, which have been further increased in the current economic plan.
Reserves:
The maintenance reserve was filled with EUR 17,600 in 2023 according to the property management statement. The annual share of this apartment for 2023 amounted to EUR 1,100.00.
Status:
The apartment was last used by the owner himself, but is now no longer occupied due to changed living circumstances, so that a foreseeable takeover is possible.
Location:
The current Letmathe district is located in the southwest of Iserlohn, on the north bank of the Lenne. Around 26,000 inhabitants live in the entire district.
Formerly an independent town, Letmathe has a spacious town center that is ideal for shopping and strolling. There is also a wide range of cultural and historical facilities and recreational areas.
Ideally suited for:
- Singles with large space requirements
- Childless couples with the option of working from home
- Single parents with one child
- Families of three
- Investors for letting to third parties, as there is a promising rental potential
In our opinion:
Whether for own use or as an investment: a worthwhile purchase without great risk.
Investments for a standard apartment renovation should be planned for. Overall, however, the apartment looks remarkably well maintained, which is certainly reflected in the pictures we have provided.
Curious? We would be happy to show you this property during a joint viewing. We look forward to hearing from you.
Would you also like to sell your condominium? You can offer us your property online here.
Further interesting links for you:
Real estate agent Fröndenberg
Real estate agent Fröndenberg
Manuel Korte Real Estate Fröndenberg
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House for sale Fröndenberg
Real estate offers Fröndenberg and surroundings
Real estate Fröndenberg
House sale Fröndenberg
Real estate sales Fröndenberg
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