Flat for sale 4+1 • 80 m² without real estate, Baden-Württemberg

Attractive capital investment in Leonberg-Höfingen – rented condominium with high rental yield

For sale is apartment No. 3 in a well-maintained multi-family house at Pforzheimer Straße 52, 71229 Leonberg-Höfingen. The building was constructed in 1993 and comprises a total of five residential units.

The apartment is located on the 1st floor and, according to the information provided for marketing purposes, has a living area of approximately 79.57 m². The apartment also includes its own basement storage room. According to the declaration of division, the co-ownership share of apartment 3 amounts to 17.18/100.

Particularly interesting for investors is the property: The apartment currently yields a net cold rent of €1,350 per month. In addition, there are €450 in ancillary costs, resulting in a total monthly payment of €1,800. This corresponds to an annual net cold rent of €16,200.

At an asking price of €279,000, this results in an attractive gross rental yield of approximately 5.81%.

The apartment has already been comprehensively modernized. Documentation is available for the renovation measures carried out in 2017/2018. Documented works include, among other things, plumbing and heating, electrical installations, doors as well as wall, floor, and ceiling finishes. The documented contract value at that time was approximately €23,181 gross.

The existing tenancy offers a buyer the advantage of acquiring the property as an already ongoing investment. Re-letting and the associated lead times are therefore eliminated.

According to the 2025 operating plan, the monthly homeowners’ fee for the apartment amounts to €389. This includes, among other things, heating and hot water costs as well as contributions to the maintenance reserve.

Due to its location in Leonberg-Höfingen, its good connection towards Stuttgart, and the existing rental income, the apartment is particularly suitable for investors who value ongoing returns and an established tenancy.

Conveniently located in Leonberg-Höfingen with S-Bahn access and easy reach of the Stuttgart economic region, the proximity to the A8 and A81 highways provides short commutes to surrounding work and economic centers. Shopping opportunities and everyday amenities are available in the nearby area. The location is particularly suitable for professionals and commuters, offering favorable conditions for sustainable rental demand.

The apartment is a shared flat (WG); the price includes all furniture including the kitchen.

Information pursuant to § 5 TMG

futurplus! GmbH

Am Schafhof 18

71334 Waiblingen

Germany

Represented by

Managing Director: Bülent Güner

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Register Court: Amtsgericht Stuttgart

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