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Ref: PV220 - Plagwitz, 10 Apartments

Price: 380,000€
Type: Residential
City: Leipzig
Potential Yield: 8.15%
Approx. Size: 527 sqm


PV220 This 10 unit property is located on the borders of Leipzig Centre (West) and Plagwitz, around 3km from the City Centre. The area enjoys very high tenant demand from the range of tenant sectors. Transport into the centre is by tram lines which stops 100m from the building. The property is in one of the best city centre locations, bordering the river Weisse Elster and the popular Clara Zetkin Parkland.

Currently 9 of the 10 apartments are currently let at between 3.6 and 6.6 Euro per sqm. The sizes of the apartments range between 25 to 64 sqm, sizes which lend themselves well to single occupancy or professional sharers and typically attract higher than average rentals. The condition of the property is superb having undergone recent and extensive renovation in 2008 with details such as hi-spec fitted kitchens.

10 Apartments ranging from 25 to 64 Sqm. Superb condition in very desirable area.
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