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Property Spotlight
More than 200 vacant or rented
apartments in Berlin
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Morgages
for UK and Ireland residents for Property in Germany
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Leipzig, Zentrum Süd
Mixed Commercial and Residential Building
Property details:
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Size of Plot: |
approx. 520 m² |
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Year of construction: |
approx. 19oo,
fully renovated 1993/94 |
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Total No. of units: |
14 flats approx. 853 m², 6
commercial units approx. 545 m² |
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Location |
The property is located in a sought area of the "Zentrum
Süd" (Centre South) of Leipzig within walking distance of the city
centre. Public transport, shopping, schools and kindergartens are in the
immediate vicinity. Many tenants work at the nearby University Clinic. |
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Property features: |
The building was built around 1900 and extensively
renovated in the middle of the 1990's. Granite floor on the stairs, lift
and new district heating, as well as modern bathrooms. |
Net rental income (approx.)
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74,029.68 with 1 apartment 84 m² vacant
€ 78,696 p.a. (fully let) |
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Yield (approx.): |
expected
6.85 % |
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Purchase price: |
€ 1,150,000 plus real
estate transfer tax, notary and land register costs; plus brokerage |
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