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Vacant, renovated investment property in Leipzig-Möckern.

Faradaystraße 9, 04159 Leipzig (Möckern) – Sachsen
119.000 €
1
Room
37 m²
Living Area
Private offer
Apartment
Basement apartment

For sale is a completely renovated unit of approximately 37 square meters, located in a listed building in the Möckern district of Leipzig. The property is situated in a charming former factory building dating back to around 1905, which was extensively renovated in the late 1990s and converted into a small complex consisting of only six units. The unit being offered is located in the basement. New flooring, freshly painted walls, and a modern bathroom create a well-maintained and contemporary feel. In addition, a high-quality fitted kitchen has been installed. The unit is currently vacant and therefore immediately available. According to the land registry, a change of use is likely to be possible. A preliminary approval for a change of use to short-term rentals has been obtained from the company Golet. This combination opens up flexible usage possibilities, particularly in the area of furnished rentals or short-term rentals (individual assessment by the buyer is recommended). According to external market data (AirDNA), the average daily rate is approximately €82 for three guests, with a projected occupancy rate of 72% and a potential annual turnover of around €21,000.

Are you interested in this apartment?

Object Number
OM-434812
Object Class
Apartment
Object Type
Basement apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
119.000 €
Purchase additional costs
approx. 8,664 €
Total costs
approx. 127,663 €
HOA fee
301 €

Breakdown of Costs

Purchase price 119.000 €
Real estate transfer tax 6,545 € (5.50%)
Notary costs 1,396 € (1.17%)
Land register entry 723 € (0.61%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 459€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.78%

Details

Condition
First occupancy after renovation
Monument protection object
Yes
Flooring
Vinyl / PVC
Heating
Central heating
Year of construction
1905
Equipment
Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

- Completely renovated unit
- New flooring
- Freshly renovated walls, smoothly plastered
- Modern shower bathroom
- High-quality fitted kitchen
- Gas central heating (including hot water supply)
- Historic building with industrial charm.

Location

The property is located on Faradaystraße in the Möckern district of Leipzig. Its location is attractive due to its excellent public transportation links and easy access to Leipzig's city center.

A tram stop is located right outside the door, making the city center of Leipzig easily accessible within minutes. Shops, restaurants, and other amenities are located in the immediate vicinity.

Thanks to its good transport links and proximity to the city center, the location is suitable for both traditional rentals and concepts such as furnished short-term living or business apartments.

Leipzig has been one of Germany's most dynamically growing cities for years and is a significant economic hub, in part due to companies like BMW, Porsche, DHL, and the Leipzig Trade Fair.

Location Check

Eating Out
100m
Shopping
50m
Sports
50m
Child Friendliness
200m
Health
100m
Public Transport
150m
Culture
550m
Nightlife
100m
Nature
250m

Energy

Energy certificate type
not legally required
Main energy source
Gas

Miscellaneous

This property is particularly suitable for investors looking for a compact investment with flexible usage options.

The monthly service charges currently amount to €302, of which approximately €211 are deductible and approximately €91 are not deductible.

The additional costs are currently based on the accounting from 2023 and have not yet been adjusted. Due to lower energy prices, it is expected that costs will be lower in the future.

We will be happy to provide you with further documents and information about the property upon request.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Arthur Seiferth