Flat to rent 3+1 • 83 m² without real estateLeipziger Straße 138 Dresden Pieschen Sachsen 01127

Spanning two levels, this maisonette apartment on the upper floors of a late Wilhelminian-era double tenement building at Leipziger Strasse 138 has a distinctive appeal. Its 83.22 m² comprise three rooms, a separate eat-in kitchen with a window, a bathroom with natural light, and an entrance hall. The second level offers sweeping views across the rooftops of Pieschen to the River Elbe, while the sleeping area faces the quiet, leafy rear courtyard.

Built in 1900, the listed building underwent extensive heritage-sensitive refurbishment in 1994. Its restored brick façade with sandstone elements, well-maintained staircase featuring historic wall tiling, and park-like courtyard with mature trees define the character of the property. The owners’ association comprises a total of 16 units.

The privately owned unit was comprehensively modernised in 2025 and 2026. The bathroom and kitchen were fitted with new tiles, updated sanitary fixtures and modern taps, as well as a bathtub with a shower screen and heated towel rail. Further features include a custom-made fitted kitchen with dishwasher, ceramic hob, oven, fridge-freezer and extractor hood, white internal doors, high-quality flooring, neatly finished skirting boards, and freshly painted ceilings and walls. All furnishings, including the television and washer-dryer, are included in the sale.

Since 1 June 2026, the property has been leased to a commercial housing provider that is expressly authorised to sublet it. The monthly net rent excluding utilities is €1,045.00, plus an advance payment of €455.00 for operating and heating costs, resulting in a total monthly payment of €1,500.00. A security deposit of €3,135.00 is held. Both parties have waived their right to ordinary termination for two years from the date the agreement was signed, providing a predictable initial period without a change of occupants.

At a purchase price of €297,200, equivalent to €3,571 per square metre, the property generates a gross annual yield of approximately 4.2%. According to the 2026 budget, the monthly service charge amounts to €388.80. Of this, €283.65 relates to recoverable costs, €63.47 to non-recoverable costs, and €41.69 to contributions to the maintenance reserve. The amount permanently borne by the owner therefore totals €105.16 per month.

Leipziger Strasse 138 is located in Dresden-Pieschen, an established period-building district in the north-west of the city that is in high demand among young professionals and students.

The tram stop is directly outside the building, just a one-minute walk away. From there, Dresden’s Neustadt district can be reached in approximately seven minutes, while the historic city centre, including the Frauenkirche and Semperoper, is around 15 minutes away, calculated from the front door and including walking time.

The Elbe meadows and the Elbe Cycle Route, offering nearby recreational opportunities, are approximately a five-minute walk away. Shops for everyday needs, doctors, nurseries, schools and restaurants are all within walking distance along Bürgerstrasse and Oschatzer Strasse.

By car, the Elbepark shopping centre can be reached in approximately ten minutes, as can the Dresden-Neustadt junction of the A4 motorway. The semiconductor facilities in northern Dresden operated by companies such as Infineon, Bosch and GlobalFoundries are around 15 minutes away. This microelectronics cluster is regarded as the largest of its kind in Europe, helping to secure the area’s long-term purchasing power.

All travel times are approximate and may vary depending on traffic conditions and departure time.

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