Investment property in Leonberg-Höfingen | €1,350 cold rent | Approximately 6% return.

Attractive investment property in Leonberg-Höfingen – rented apartment with a high rental yield.

For sale is apartment number 3 in a well-maintained apartment building located at Pforzheimer Straße 52, 71229 Leonberg-Höfingen. The building was constructed in 1993 and comprises a total of five residential units. The apartment is located on the 1st floor and, according to the information provided for marketing purposes, has a living area of approximately 79.57 m². The apartment also includes a private storage room in the basement. According to the declaration of ownership, the share of ownership for apartment 3 is 17.18/100. This property is particularly interesting for investors: the apartment currently generates a net cold rent of €1,350 per month. In addition, there are €450 in operating costs, resulting in a total monthly payment of €1,800. This equates to an annual net cold rent of €16,200. With an asking price of €279,000, this represents an attractive gross rental yield of approximately 5.81%. The apartment has already been extensively renovated. Documentation for the renovation work carried out in 2017/2018 is available. The documentation includes work performed on plumbing and heating, electrical systems, doors, as well as wall, floor, and ceiling surfaces. The documented order volume at the time was approximately €23,181 gross. The existing rental agreement offers a buyer the advantage of acquiring the property as an already established investment. The need for re-renting and the associated start-up costs are eliminated. According to the 2025 financial plan, the monthly service charges for the apartment amount to €389. This includes, among other things, heating and hot water costs, as well as contributions to the maintenance reserve. Due to its location in Leonberg-Höfingen, its good connection to Stuttgart, and the existing rental income, the apartment is particularly suitable for investors who value ongoing returns and an established rental situation.

Conveniently located in Leonberg-Höfingen, with excellent access to the S-Bahn (suburban railway) and easy reach of the Stuttgart economic region. Its proximity to the A8 and A81 motorways allows for quick access to surrounding business and industrial areas. Shopping facilities and everyday amenities are located nearby. The location is particularly suitable for commuters and professionals, offering attractive conditions for long-term rental potential.