2 bedroom block of apartments for sale
€310,000
Saxony, Leipzig
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Full description:
The property includes 1 massive 5-storey building (in ribbon development). The mixed use building, made of brickwork, has 8 residential units and 2 commercial units and is located in the Leipzig district of Kleinzschocher, in a residential area. The property has a basement. Heating supply by central gas heating.
The property is offered and sold without any buyer's commission.
For more information on the property please contact our sales department.
- Over 10% Potential Yield
- Mostly parquet flooring
- Very nice modern apartments
- Landscaped courtyard
- Staircase is being renovated
- No broker's commission!
- Free rental units will let out and renovated if necessary.
- No broker's commission!
- Vacant rental units will let out and renovated if necessary.
purchase price: 310,000.00 EUR = ca. £279,000.00
The property is offered and sold without any broker´s comission.
For more information on the property please contact our sales department.
We can assist you at every stage of making a property investment in Leipzig - from providing market research material, conducting accompanied property inspection visits, to arranging finance (Financing of up to 75% is possible) and our own property management. Please contact us to find our more about our German property investment services.
General:
Residential area
In vicinity of:
Primary school, secondary school / high school, transport links to local public transport, shopping facilities, nursery
Description:
The property is located in the city of Leipzig with approx. 520,000 inhabitants, in the district Kleinzschocher, southwest of the city centre.
Kleinzschocher is a district of Leipzig, located in the south-western part of the trade fair metropolis. The large region to the south west of the city was formerly characterised by a large railway depot
used for cargo out of the former industrial heartland of Germany. There railways are now long closed and the area is beginning to change its appearance and establish itself as an area which offers good value rents in some very attractive classical style property. This area has proven very attractive to yield-driven investors over the past 2 years, and this trend is set to continue. The rent of a typical 2 room, 50 Sqm apartment renting for 200-225 Eur net per month and typical yields for investors tend to range from 9-11% net.
The surrounding area is composed of family houses of similar design and age. Roadside parking is available on the adjacent streets. There are local shops and public facilities in close proximity to the building which are within walking distance or easily accessable by local public transport. The nearest tram stop is 80 m away. The transport links to the intercity railway station, airport and motorway are all very good. The nearest slip road to the motorway A 38 is approximately 10 km away and the international airport Halle-Leipzig about 20 km away.
Leipzig, of all former east German cities, really has a story to tell in terms of renewal and redevelopment, a story that is unfolding in front of our eyes.
Property yields in the city are truly rewarding and cashflow positive and banks are lending to good levels to international investors.
What's Happening Today?
Economically, the city is re-asserting its position in the region and in Europe as a whole.
The city has an abundance of University faculties, some dating back to the 13th Century. The
student population stands at 36,000 currently.
The city is re-finding its past strengths and putting these into the current political and economic
landscape, as the city's major points out:
“Leipzig is the central economic region of Central Germany.
Plus points for maturing investment decisions are the market potential, proximity to important
customers, the presence of local suppliers, flexible human resources, the performance
profile of research in strategic directions and its logistics infrastructure and location.”
• Logistical hub for the markets of Europe
• Gateway to the new EU accession countries
• High level of competence in relation to Eastern Europe
• East Central Europe Centre: a strategic platform for the systematic exchange between
Germany, Western Europe and the accession countries
Leipzig is the central economic region of Central Germany.
Plus points for maturing investment decisions are the market potential, proximity to
important customers, the presence of local suppliers, flexible human resources, the
performance profile of research in strategic directions and its logistics infrastructure and
location.
The property is offered and sold without any buyer's commission.
For more information on the property please contact our sales department.
- Over 10% Potential Yield
- Mostly parquet flooring
- Very nice modern apartments
- Landscaped courtyard
- Staircase is being renovated
- No broker's commission!
- Free rental units will let out and renovated if necessary.
- No broker's commission!
- Vacant rental units will let out and renovated if necessary.
purchase price: 310,000.00 EUR = ca. £279,000.00
The property is offered and sold without any broker´s comission.
For more information on the property please contact our sales department.
We can assist you at every stage of making a property investment in Leipzig - from providing market research material, conducting accompanied property inspection visits, to arranging finance (Financing of up to 75% is possible) and our own property management. Please contact us to find our more about our German property investment services.
General:
Residential area
In vicinity of:
Primary school, secondary school / high school, transport links to local public transport, shopping facilities, nursery
Description:
The property is located in the city of Leipzig with approx. 520,000 inhabitants, in the district Kleinzschocher, southwest of the city centre.
Kleinzschocher is a district of Leipzig, located in the south-western part of the trade fair metropolis. The large region to the south west of the city was formerly characterised by a large railway depot
used for cargo out of the former industrial heartland of Germany. There railways are now long closed and the area is beginning to change its appearance and establish itself as an area which offers good value rents in some very attractive classical style property. This area has proven very attractive to yield-driven investors over the past 2 years, and this trend is set to continue. The rent of a typical 2 room, 50 Sqm apartment renting for 200-225 Eur net per month and typical yields for investors tend to range from 9-11% net.
The surrounding area is composed of family houses of similar design and age. Roadside parking is available on the adjacent streets. There are local shops and public facilities in close proximity to the building which are within walking distance or easily accessable by local public transport. The nearest tram stop is 80 m away. The transport links to the intercity railway station, airport and motorway are all very good. The nearest slip road to the motorway A 38 is approximately 10 km away and the international airport Halle-Leipzig about 20 km away.
Leipzig, of all former east German cities, really has a story to tell in terms of renewal and redevelopment, a story that is unfolding in front of our eyes.
Property yields in the city are truly rewarding and cashflow positive and banks are lending to good levels to international investors.
What's Happening Today?
Economically, the city is re-asserting its position in the region and in Europe as a whole.
The city has an abundance of University faculties, some dating back to the 13th Century. The
student population stands at 36,000 currently.
The city is re-finding its past strengths and putting these into the current political and economic
landscape, as the city's major points out:
“Leipzig is the central economic region of Central Germany.
Plus points for maturing investment decisions are the market potential, proximity to important
customers, the presence of local suppliers, flexible human resources, the performance
profile of research in strategic directions and its logistics infrastructure and location.”
• Logistical hub for the markets of Europe
• Gateway to the new EU accession countries
• High level of competence in relation to Eastern Europe
• East Central Europe Centre: a strategic platform for the systematic exchange between
Germany, Western Europe and the accession countries
Leipzig is the central economic region of Central Germany.
Plus points for maturing investment decisions are the market potential, proximity to
important customers, the presence of local suppliers, flexible human resources, the
performance profile of research in strategic directions and its logistics infrastructure and
location.
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