Flat for sale 2 bedroom • 42 m² without real estate, Baden-Württemberg

This well-maintained 2-room apartment in a quiet four-family house in Leonberg is currently vacant and therefore available immediately – ideal for investors who want to get started without delay. The apartment is being sold furnished as shown. This means it can be rented out furnished directly or occupied by the owner.

The apartment was last rented for €990 including utilities (approximately €690 excluding utilities) and offers excellent rental potential due to its location, its well-kept condition, and the available parking space. For investors, we can, upon request, take over the initial rental service free of charge at a cold rent of approximately €690. With a cold rent at this level, based on the purchase price including the parking space, the gross rental yield is around 5%.

With a 100% financing of the purchase price including the parking space, calculated with an interest rate of about 3.8% and a repayment rate of 1.0%, the monthly loan installment comes to roughly €616. This level can be well covered in this residential area by a market-standard cold rent, making the property particularly attractive for risk-averse investors and newcomers to real estate investment.

The multi-family house was comprehensively renovated in 2015 (electrical systems, windows, sanitary installations, facade) and modernized again in 2025, including a new burner for the oil central heating system and a new hot water preparation system. The apartment itself was also renovated and is in a contemporary, well-maintained condition, meaning no additional investment is required and no major measures or special assessments are expected in the coming years.

The monthly service charge is €198, of which €122 can be passed on to the tenant. The remaining €76 consists of €28 for reserve contributions and €48 for non-recoverable costs. The property is located in a quiet yet central area, with a stable tenant base and consistently good rental prospects. The parking space directly in front of the house further increases its overall attractiveness – both for initial leasing and long-term value development.

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

Everything needed for daily life is in the immediate vicinity: Rewe, Lidl, and other shopping opportunities are quickly accessible within a radius of approximately 300–700 meters. Cafés, bakeries, and small shops ensure short distances, while schools, kindergartens, and doctors are also in close proximity. For leisure and nature, Leonberg’s city park as well as the recreational area around Engelberg are easily accessible – ideal for walks or a short break in the greenery.

General

- Apartment currently not rented, available immediately

- Initial rental service available free of charge upon request

- Sale includes complete furnishing (furnished rental possible)

- Fitted kitchen including stove, dishwasher, and extractor hood

- Bathroom with shower and washbasin (renovated in 2015)

- Separate WC

- High-quality and well-maintained vinyl flooring

- Communal laundry room with a separate washing area in the basement

- Large cellar room

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

- Internet connection with speeds of up to 500 Mbit/s

Technology & House

- Electrical system in the apartment completely renewed (2015)

- House electrical systems, including in the apartments, completely renewed (2015)

- Windows replaced in 2015

- Hot water system in the basement renewed in 2025

- Burner for the oil central heating system renewed in 2025

- Replacement of various water pipes (2015)

- Exterior facade painted in 2015

- No special assessments planned at the moment