Flat for sale 4+kk • 83 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 leased long-term for €1,000 cold rent, including a parking space – meaning stable income from day one, without the need for re-letting, with no management effort and no need for renovations.

The apartment is perfectly suited as an investment and offers a yield of 5.0%. It has been leased long-term since September 1, 2019, to a very reliable and creditworthy tenant. The rent was last increased to €1,000 cold.

When financing the apartment through a bank, the loan installment can be covered by the rent. With a 100% financing of the purchase price (approximately 3.8% interest and 1.0% repayment), about €960 is deducted as the monthly installment.

The four-family house was comprehensively renovated in 2015 (electrical system, windows, sanitary installations, facade) and modernized again in 2025 (new burner for the oil central heating system + water heating). 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 well-maintained, contemporary condition. For investors, this means no additional investments are needed.

The condominium fee is €248 – of which €146 can be passed on to the tenant. Of the remaining €102, €54 goes towards reserve contributions and €48 covers non-allocable costs.

The location also favors long-term value retention: centrally located in Leonberg, quiet, in a good residential area with a reliable tenant structure and excellent rental appeal. The parking space further increases its attractiveness – it is already included in the rent and improves the yield.

The apartment is located in the center of Leonberg’s heart while remaining pleasantly quiet. The transportation connections are very good: the bus stops around Leonberg station are reachable on foot within a few minutes, and the station itself is also nearby – ideal for quick trips to Stuttgart, Böblingen, or Sindelfingen. By car, you are just minutes away from the A8 or A81.

Everything you might need daily is virtually around the corner: Rewe, Lidl, and other shopping opportunities can be reached quickly within a radius of 300–700 meters. Cafés, bakeries, and smaller shops are all within short walking distance. Schools, kindergartens, and doctors are also in the immediate vicinity. For leisure and nature, Leonberg’s city park as well as the recreational area around Engelberg are just a short journey away – perfect for walks or a small break in nature.

General

- Leased long-term for €1,000 cold to a very reliable tenant

- Fitted kitchen including stove, dishwasher, and extractor hood (provided by the tenant)

- Bathroom with bathtub, sink, toilet, and plumbing (2015)

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

- Shared laundry room in the basement

- Large basement storage room

- Parking space in front of the house (€5,000)

- Separate laundry room in the basement

- Internet up to 500 Mbit/s

Technology & Building

- New electrical system throughout the apartment (2015)

- Entire building’s electrical system including apartments completely renewed (2015)

- Windows replaced in 2015

- Water heating system in the basement renewed in 2025

- Burner for the oil heating system renewed in 2025

- Replacement of various water pipes in 2015

- Exterior facade painted in 2015

- No special assessments planned