Flat for sale 2 bedroom • 53 m² without real estateGutsmuthsstr. 5 Leipzig Lindenau Sachsen 04177

**NO BROKER FEE**

This freshly renovated condominium impresses with its modern and well-maintained features. The flooring has been fitted with new vinyl, and the walls have been spackled and freshly painted. New baseboards have been installed and modern doors contribute to a contemporary atmosphere.

The bathroom has been completely renewed: new tiles, a modern toilet, sink, and bathtub provide comfort and style. Additionally, new water lines have been installed in the bathroom, ensuring a reliable supply.

The kitchen has also been entirely redesigned: it comes with a high-quality fitted kitchen including an oven, stove, extractor hood, and refrigerator, all of which are included in the purchase price.

A rental contract has been signed with a financially strong tenant, effective from 01.06.2025. The minimum rental period is 2 years, guaranteeing very stable rents until 31.05.2027.

This is a graduated rental contract. For the first 2 years, the basic rent is €595 per month, which corresponds to an annual net cold rent (JNKM) of €7,140. This results in an initial gross rental yield of 4.2%.

The following graduated rent increases have been agreed upon:

--> 01.06.2027 - 31.05.2028: An increase of €30 per month, resulting in a basic rent of €625 per month and a JNKM of €7,500, yielding a gross rental yield of 4.42%.

--> 01.06.2028 - 31.05.2029: An increase of €30 per month, resulting in a basic rent of €655 per month and a JNKM of €7,860, yielding a gross rental yield of 4.63%.

--> 01.06.2029 - 31.05.2030: An increase of €30 per month, resulting in a basic rent of €685 per month and a JNKM of €8,220, yielding a gross rental yield of 4.84%.

The monthly homeowners’ fee is €390, of which €299 are chargeable and €101 are non-chargeable.

The apartment is located in an excellent area in Altlindenau. Karl-Heine-Straße is only a few minutes’ walk away, and directly opposite is a Netto supermarket. A tram stop is just a one-minute walk away, and several bistros/restaurants are only steps away.

The apartment will be handed over in the renovated condition as described.