4.8% yield with development potential

We are selling this 3-room apartment from our own portfolio.

currently rented for EUR 420.00 basic rent
4.8% yield
Non-apportionable house allowance incl. allocation to reserves: EUR 65.00
Amount of the maintenance reserve at the end of 2024: EUR 76,080.71

This is a fixed price.

For new tenants, there is still very significant potential for an increase from the current rent (EUR 6.70/sqm)! Identical apartments in the street can demonstrably be rented for EUR 10-12/sqm.

We have already sold vacant or well-let apartments of the same type in the street for over EUR 150,000.

The floor plan is that of a neighboring apartment, but is identical. You will find pictures of the apartment in the other documents below.

We give priority to buyers who do not wish to view the property in order to speed up the process.

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