| Type | Flat |
|---|---|
| Living area approx. | 80 m² |
| Bedrooms | 2 |
| Rooms | 3 |
|---|---|
| Bathrooms | 1 |
| Purchase price | 279.000 € |
|---|---|
| Price per m² | 3,508.55 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsAttractive investment property in Leonberg-Höfingen – rented condominium with a high rental yield
Apartment No. 3 in a well-maintained apartment building at Pforzheimer Straße 52, 71229 Leonberg-Höfingen, is for sale. The building was constructed in 1993 and comprises a total of five residential units.
The apartment is on the 1st floor and, according to the figures used as the basis for marketing, has a living area of approx. 79.57 m². The apartment also includes a private cellar room. According to the declaration of division, the co-ownership share of Unit 3 is 17.18/100.
The 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 ancillary costs, bringing the total monthly payment to €1,800. The annual net cold rent is therefore €16,200.
At an asking price of €279,000, this corresponds to an attractive gross rental yield of approx. 5.81%.
The apartment has already undergone extensive modernization. Documents are available for the renovation work carried out in 2017/2018. These document, among other things, work on the plumbing and heating, electrical systems, doors, and wall, floor, and ceiling surfaces. The documented contract volume at the time was around €23,181 gross.
The existing tenancy offers a buyer the advantage of taking over the property as an investment that is already generating income. There is no need to find a new tenant or wait for the associated lease-up period.
According to the 2025 budget, the monthly service charge for the apartment is €389. This includes, among other things, heating and hot water costs as well as contributions to the maintenance reserve.
Thanks to its location in Leonberg-Höfingen, good connections towards Stuttgart, and existing rental income, the apartment is particularly suitable for investors who value ongoing returns and an established tenancy.
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