Capital investment with 4.5% in a central location with parking space - newly renovated

This recently extensively renovated 1.5-room apartment is located on the 4th floor of a well-kept apartment building with elevator in a central location in Leonberg-Eltingen, built in 1974.

The highlight of the property is the winter garden, which can be used all year round and from which you can enjoy an impressive view over Eltingen as far as the Engelberg.
The apartment with an area of 46 m² impresses with a good layout that makes optimum use of the available space. Inside you will find a bright room, a modernized bathroom with washing machine connection and shower tray as well as a separate kitchen area. The elevator in the building provides easy access to the apartment.

The building, originally built in 1974 and extensively renovated on an ongoing basis, is in mint condition. In recent years, the owners' association has invested extensively in the building. The roof was insulated and the façade renewed, the gas heating is from 2019. Double-glazed plastic windows were installed in 2005.

The apartment itself was extensively modernized at the end of 2024. Plastered walls, a high-quality oak-look vinyl floor and new sanitary ware in the bathroom ensure a pleasant living environment.

You also benefit from practical communal areas such as a utility room and a drying room as well as a private cellar room, which offers you additional storage space.
A private parking space directly in front of the house rounds off the offer.

This property is suitable both for owner-occupiers looking for a cozy home in a central location and for investors looking for a profitable capital investment. A gross rental yield of 4.5 % can be realized. Corresponding tenant inquiries have already been received.

The address is advertised as a mixed-use area in the land use plan, so a model with short-term rentals could be realized. The property's location and layout make it ideal for this.

Leonberg is a town in the center of Baden-Württemberg, about 13 km west of Stuttgart. Leonberg belongs to the Böblingen district and has around 50,000 inhabitants.
The apartment is centrally located in Leonberg, yet quiet. The Leo-Center with numerous shopping facilities is within walking distance. Daily necessities and green spaces for leisure activities are also within easy walking distance.
Various excursion destinations around Leonberg are just a few minutes away by car or public transport, such as the Mercedes-Benz Museum, Wilhelma and Ludwigsburg Residential Palace. For excursions into the countryside, you can be in the Black Forest in about 30 minutes by car.
The public transport connections are good. A bus stop with several lines is located directly in front of the house. The train station is a 10-minute walk or a 2-minute bus ride away. Stuttgart main station can be reached within 24 minutes by S-Bahn.