4.5% yield in Leipzig's Südvorstadt - Rented 60 sqm apartment with balcony and new fitted kitchen

The bright and inviting apartment is located in an old building, which was professionally renovated in 1997/98. As a result, the property is now modern and functional. One of the highlights is the balcony, which is accessible via the kitchen and faces the quiet inner courtyard. A new Nolte brand kitchen with electrical appliances has also been installed. This is the property of the landlord.

Another plus point is the existing elevator, which makes it easy to reach the upper floors. The five-storey apartment building with a converted attic offers residents attractive apartments with floor plans to suit their needs. In addition, there are storage facilities in the cellar area as well as in the stairwell chamber belonging to the apartment. In addition to the front building described above, there is a rear building on the property that is also used for residential purposes. There is a lovingly landscaped garden area between the two buildings, which can be used by the residents of both houses.

The apartment is rented out as a shared flat for 2 people.
The JNKM is 10,344 euros.

The apartment is located in the popular "Südvorstadt" district, which borders Leipzig's city center to the south. The architectural environment is characterized by lovingly renovated Wilhelminian-style houses, stylish new buildings and modern townhouses for owner-occupiers. Alfred-Kästner-Strasse stands out thanks to its proximity to the adjacent park and forest areas. The Clara-Zetkin-Park and the immediately adjacent woodland area "Die Nonne" are particularly worthy of mention here. These are just as inviting for walks and relaxation as the nearby Fockeberg, which offers a unique view of Leipzig's city center.
Despite its "green" residential location, Südvorstadt is characterized by its proximity to the city center. It can be reached in just a few minutes via the connecting roads August- Bebel-Straße, Karl-Liebknecht-Straße and the B2. Public transport and shopping facilities are within walking distance. The unique lake district in the south of Leipzig / Markkleeberg can be reached in just a few minutes by car. The Südvorstadt is impressive due to these positive features and has gained enormous popularity in recent years as a result.