5.4% yield & commission-free - Furnished 2-room apartment in Leonberg - Incl. parking space & kitchen

This well-kept 2-room apartment in a quiet 4-family house in Leonberg is currently vacant and therefore available immediately - ideal for investors who want to start without delay. The apartment is being sold as shown, including furnishings. It can be rented furnished directly or you can move into the apartment yourself.

The apartment was last rented for €990 warm (approx. €690 cold) and offers very good rental potential due to its location, well-kept condition and existing parking space. For investors, we can provide the initial letting service free of charge on request at a cold rent of approx. 690 €. A basic rent of this amount results in a gross rental yield of around 5 % based on the purchase price including parking space.

With 100% financing of the purchase price incl. parking space, calculated at around 3.8% interest and 1.0% repayment, the monthly loan installment is around €616. This level can be easily covered by a standard market rent in this residential area, which makes the property particularly interesting for security-oriented investors and newcomers to capital investment.

The apartment building was extensively renovated in 2015 (electrics, windows, plumbing, façade) and modernized again in 2025, including with a new burner for the oil-fired central heating and a new hot water system. The apartment itself was also renovated and is in a contemporary, well-kept condition, so there is no need for additional investment and no major measures or special levies are expected in the coming years.

The house rent is € 198 per month, of which € 122 is apportionable to the tenant. The remaining € 76 is made up of a € 28 contribution to reserves and € 48 in non-recoverable costs. The location of the property is quiet yet central, with a stable tenant structure and good long-term rentability. The parking space belonging to the property directly in front of the building additionally increases the overall attractiveness - both for the initial letting and for long-term value development.

The apartment is centrally located in the heart of Leonberg and yet pleasantly quiet. The bus stops around the Leonberg train station are just a few minutes' walk away, and the train station itself is also close by - ideal for quick connections to Stuttgart, Böblingen or Sindelfingen. By car, you can be on the A8 or A81 in just a few minutes.

Everything you need for your daily needs is in the immediate vicinity: Rewe, Lidl and other shops can be reached quickly within a radius of approx. 300-700 meters. Cafés, bakeries and smaller stores ensure short distances. Schools, kindergartens and doctors are also in the immediate vicinity. For leisure and nature, the Leonberg city park and the local recreation area around the Engelberg are within easy reach - ideal for walks or a short break in the countryside.