|
|
|
| « Save this property to your shortlist |
Contact the owner/agent » |
|
|
|
|
|
| |
Apartment
for sale in Leipzig Saxony Germany |
|
| For Sale |
Euro € 350,000 |
| GBP £ 282,835 | USD $ 447,405 |
| City/Town: |
Leipzig
map
|
| Region: |
Saxony |
| Country: |
Germany |
| Reference: |
5321314 |
| Property Type: |
Apartment |
| Sale Type: |
Resale
|
| Rooms: |
Studio |
| Size: |
|
|
|
|
|
|
| Contact: |
Sales Agent |
| Company: |
International Property Sales |
| Language(s): |
English |
| Location: |
England |
| Email: |
|
|
|
| |
This property was listed on
Sunday, February 05, 2012 |
| |
Last updated:
Friday, May 04, 2012 |
| |
Ad viewed:
118
times |
| |
Other Property Features: |
| |
Kitchen:
|
| |
Other:
|
| |
Local Amenities:
|
| |
Local Activities:
|
|
|
The property is very under-rented, therefore there is signifcant potential to develop the rental profile. For example, the vast majority of the rental levels are at below 4.0 EUR psm which is clearly low for a property of this calibre. Additionally, with the increase of 'social' rent from 3.85 EUR psm to 4.22 EUR psm, the city's rent levels will continue to rise, providing a good boost for the yield, to a level approaching 10%.
This property would suit an investor that is looking for a robust, well-presented property with immense potential, both in terms of its area, and its rental profie. Depending on client status, this property would attract a loan-to-value of in the region of 60%.
This investment opportunity consists of a front and rear building, and is located in Schönefeld, just a few kilometres from the city centre. It is attractively presented with the front building sporting an appealing red- brick facade, with a freshly painted base. In terms of rental profile, there are six residential units and one commercial in the front building, and 3 commercial in the rear building, two of which are let by the same tenant. All residential units have laminate flooring, and the bathrooms are in excellent condition, meaning very little maintenance required in the short-to-intermediate future. The microlocation provides excellent access to supermarkets, medical facilities and tramlines which runs regular services into town.
Key Contacts
------
Mat Littlecott
------
Paul Tester
------
James Kirkman
------
Share Property Details
Request More Information
Telephone:
+44 115
Skype:
Telephone:
+49 341
Skype:
Telephone:
+44 115
Skype:
Back to Search Results
------
Leipzig Property Market
Our German office is in Leipzig and all the ProVenture team are active investors in the city - this is a property market that we are very close to and know well. We have excellent links in the city and source some of the very best property investments in Germany here. If you are looking for a single German apartment or to purchase a large commercial investment in Leipzig. We are well placed to work with you.
can assist you at every stage of making a property investment in Berlin - from providing market research material, conducting accompanied property inspection visits, to arranging finance and property management. Please contact us to find our more about our German property investment services.
------
Some Further information on Leipzig
Lowdown on Leipzig
PDF download
View investment information on Leipzig's Disticts
Where are Investors in German Property investing
Developing Rents in Leipzig - Social Rate up
Historical Property Prices in Leipzig
A longer look at Leipzig - thank you Eyjafjallajökull
For more information and to contact us use the email link.
|
|
| Notes from the Owner/Agent : |
|
|
|
|
|
The property information is provided
by the owner/agent Click
here to read our disclaimer. |
|
|
| |
){kind=link}