Flat for sale 3+1 • 62 m² without real estateLeipzig Paunsdorf Sachsen 04328

From our own portfolio, we are selling this 3-room apartment.

Currently rented for a net cold rent of 420.00 EUR

4.8% yield

Non-recoverable maintenance fees including reserve contributions: 65.00 EUR

Amount of maintenance reserve by the end of 2024: 76,080.71 EUR

This is offered at a fixed price.

For new rentals, based on the current rent (6.70 EUR/sqm), there is significant potential for an increase! Newly built apartments of identical design in the street have been proven to rent for 10-12 EUR/sqm.

We have already sold similar apartments—whether empty or well-rented—in the same street for over 150,000 EUR.

The floor plan is that of a neighboring apartment, but it is identical. Pictures of the apartment can be found below and in the other attached documents.

For the sake of expediting the process, buyers who waive a viewing will be given priority.

Karl-Bücher-Straße 18 is located in eastern Leipzig in the Sellerhausen-Stünz district, an up-and-coming residential area with a solid tenant base and good connections to the city center. Shopping opportunities, schools, and public transportation are in close vicinity. Stünzer Park and several green spaces ensure a high quality of living. Thanks to the continuous upgrading of the neighborhood, the location offers attractive prospects for investors with a stable rental income and development potential.