Flat for sale 3+kk • 92 m² without real estate, Baden-Württemberg

This rented 3.5-room apartment in a quiet four-family house in Leonberg is a solid and immediately profitable investment. The apartment is rented long-term for a cold rent of €1,050, including a garage – which means stable income from day one without new tenancy, without management effort, and without the need for renovations.

The apartment is perfectly suited as an investment and offers a yield of 5.0%. It has been rented long-term since December 1, 2015, to a very reliable and creditworthy tenant. The rent was last increased on November 1, 2025, to a cold rent of €1,050.

If the apartment is financed by a bank, the loan installment can be covered by the rent. With 100% financing of the purchase price (approximately 3.8% interest and 1.0% principal repayment), a monthly installment of about €996 is debited.

The multi-family house was comprehensively renovated in 2015 (electrical systems, windows, plumbing, facade) and modernized again in 2025 (new burner for the oil central heating system plus hot water preparation). This means that no major measures or special assessments are expected in the coming years. The apartment itself has also been renovated and is in a contemporary, well-maintained condition; for investors, this means no additional investments are necessary.

The maintenance fee amounts to €255 – of which €148 can be passed on to the tenant. Of the remaining €107, €59 goes towards reserve contributions and €48 covers non-allocable costs.

The location also speaks for long-term value retention: centrally located in Leonberg in a quiet and good residential area with a reliable tenant structure and excellent rentability. The garage further enhances the appeal – it is already included in the rent and boosts the yield.

The apartment is located in the heart of Leonberg yet remains pleasantly quiet. Transport connections are very good: the bus stops around Leonberg station can be reached on foot in just a few minutes, and the station itself is nearby – ideal for quick trips to Stuttgart, Böblingen, or Sindelfingen. By car, you are on the A8 or A81 within minutes.

Everything for daily needs is virtually around the corner: Rewe, Lidl, and other shops are quickly accessible within a radius of 300–700 meters. Cafés, bakeries, and small stores ensure short distances. Schools, kindergartens, and doctors are also in the immediate vicinity. For leisure and nature, Leonberg’s city park and the recreational area around Engelberg are quickly within reach – perfect for walks or a little break in nature.

General

- Long-term rented for €1,050 cold to a solvent tenant

- Lovely, sunny balcony with a southern orientation

- Private garden area on the ground floor (exclusive use for this apartment)

- Fitted kitchen including stove, dishwasher, and extractor hood

- Bathroom with bathtub, sink, WC, and fixtures (2015)

- High-quality and well-maintained hardwood floors/partly vinyl

- Shared laundry room in the basement

- Large storage room in the basement

- Optional spacious single garage (€12,500)

- Separate laundry room in the basement

- Internet connection up to 500 Mbit/s

Technical & Building

- New electrical wiring in the entire apartment (2015)

- Complete renewal of the building’s electrical system including all apartments (2015)

- Windows replaced in 2015

- Hot water preparation in the basement renewed in 2025

- Heating oil burner replaced in 2025

- Replacement of various water pipes in 2015

- Exterior facade painted in 2015

- No special assessments planned