Vacant listed multi-family house in Leipzig-Leutzsch – renovation property with preliminary design planning for 9 residential units

Key facts

Purchase price & costs

About this investment property

On offer is a fully basemented, listed multi-family house in Leipzig-Leutzsch. The building, constructed around 1910, is in need of renovation and is completely vacant.

The house extends over a raised ground floor, three upper floors, an attic floor, and a roof peak space. Beneath the raised ground floor there is a basement level that is at ground level toward the rear, and below that a further deep cellar. The stated areas and units refer to the condition after implementation of the existing draft planning; in its current state, the building currently has eight apartments with approx. 582 m² of living space as well as a small retail unit. Several apartments have loggias. The heritage protection relates to the façade and the stairwell. In addition, the building lies within the scope of a social preservation statute; structural alterations therefore require a separate permit under § 173 BauGB.

The house is currently heated by individual stoves; a new heating system will be required as part of the renovation. Around ten years ago, the bathrooms from the raised ground floor up to the 3rd upper floor were renewed; otherwise, the building is largely in its original condition.

A draft design by a Leipzig architectural firm is available for the renovation. In addition to the renovation of the existing building, this provides for the conversion of the lower attic level into a further apartment of approx. 139 m² and the conversion of the basement level into an office unit of approx. 73 m². This results in a total of nine apartments with approx. 722 m² of living space plus commercial space. A building application has not yet been submitted, and no building permit is in place.

For a conversion of the attic floor, a structural second means of escape is required, as the attic floor cannot be reached from the street side by the fire brigade’s aerial rescue vehicle. Following preliminary consultations with the heritage conservation authority, the fire brigade, and the building advisory service of the City of Leipzig, an external spiral staircase on the courtyard side is being considered for this purpose, for which a deviation from the clearance areas would have to be applied for with the involvement of the neighbors. The roof peak space is not part of the planning to date. We will be happy to provide you with the planning documents and previous consultations.

As an alternative to the acquisition of the property, a share deal is also possible. In this case, the property-holding company, which holds exclusively this property, is acquired. A more favorable purchase price applies to the share deal, which we happy to provide upon request.

Secure one of the last renovation properties with listed-building protection in Leipzig and benefit from this up-and-coming location!

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