Ref: PV195

Antoinestr310,00 Euro Investment Opportunity

600 sqm – Potential 11% Yield

Property Description:This is a purely residential apartment block located on the popular southwest regions of Kleinzschocher and Schleussig. Located on a primary southern road, the property enjoys good access to the AutoBahn and destinations southwards. The property is well-served for public transportation with 4 tram lines and a bus route serving all regions of the city, all within around 200m of the property.In the locality are various parklands and recreational facilities, including the Elster river (300m) and the popular Clara Zetkin Park which lies some 500m distant.The property is of the classic style of the city and was originally built in 1897. Between 1996 and 2008 the property has been constantly inproved and renovated by the owner and is very well presented. No works should be expected in the medium to longer term of ownership.

PV 195 – Antoinestr

Investment Overview:

Of attraction to current and potential tenants are the balconies to the rear of the property which serve each property, overlooking the rear garden. To the front of the property are 5 parking spaces which depend to the property.There are 4 levels to the property with 2 apartments on each level of size between 65 to 75 sqm. Internally the apartments have been upgraded and have laminate flooring, and some have fitted kitchens.The property is fully let with the median tenant resident time of 7 years. With the property offered at just over 500 Eur per sqm, this property represents good value in the current market.

Property Potential:

The property lies in an area which is well-supported for tenancies and has a stable current tenancy list. With the property fully renovated with balconies etc to a good standard, the potential lies in a gradual increase in the rental level over the medium term to move rents nearer to the current market level.

Current new tenancy agreements in this type of property would lie in the region of 4.5 to 4.8 Eur psm, which is around 20% below current rental levels. A programme of rental reviews should be considered as part of the management plan and any new tenancies made should be considered at this higher level.

In terms of the location, the property's proximity to Schleussig and its associated higher rents (between 5.5 to 7 Eur psm) auger well for future development as price-sensitive tenants seek new locations.

Investor Profile:

With a strong tenant structure in place and in an area of increasing tenant demand, this property will appeal to an investor who seeks a lower-risk and stable investment.

In terms of finance, the property offers little risk and should present well to banks. Finance of a level between 70-80% should be expected, depending on client status and bank chosen.

Cash Flow:1

Assuming finance is taken to a level of 70%, current monthly cashflow after all management costs of 732,37 EUR should be expected. With potential to move to 1207,37 EUR.

Financial Information:

Guide Price [subject to negotiation] 310.000 Euro Current Rental (annual) 27.300 Euro Current Yield (%) 9,1%Potential Yield (%) 11% Agent Fees (2.5%) + vat 7.750 Euro Year of Construction 1897Total Living Area m2 600 sqmPrice m2 516 Euro Cash Flow Current/Predicted Per Month 732,37 / 1207,37 Euro

1 Based on a 10yr fixed rate of 4.65%, repayment over 20yrs with mgt fee of 16Euro per apartment +VAT

Rent List:

Antonienstr. 7 in 04229 Leipzig

Apartment Size (Sqm) Rooms Rental Status Rental Date €/m² Net Rent Ancillary Costs Total Rentin € in € in €

GFL 65.0 3 Rented 1996 3.65 237.30 138.70 376.00GFR 65.0 3 Rented 2002 3.65 237.30 94.70 332.001FL 75.0 3 Rented 1997 4.00 300.00 141.00 441.001FR 75.0 3 Rented 1935 4.00 300.00 134.00 434.002FL 75.0 3 Rented 2007 4.00 300.00 165.00 465.002FR 75.0 3 Rented 2004 4.00 300.00 150.00 450.003FL 75.0 3 Rented 2001 4.00 300.00 150.00 450.003FR 75.0 3 Rented 2008 4.00 300.00 165.00 465.00

Total 580.0 Average 3.91 2274.60 1138.40 3413.00Annual 27295.2 13660.80 40956.00

Additional Pictures:

Front of Building Balconies

MAP

About Proventure

We are a company working with a range of the very best German agents. We have offices in Grantham in the UK and in Germany.

As professional property investors ourselves, our strategy for investing is simple and is based on solid fundamentals delivering cashflow positive property.

With over 15 years' experience of investing in the European market: We began to focus on Germany 5 years ago; Berlin being the first city that we invested in. Once established there, we began to look further afield and discovered more hotspots in Germany that met our exacting criteria.

So why are we doing this? We now have invested in a significant portfolio of German property and have been through the long (and occasionally painful!) process of due diligence to ensure that we have the right locations, the right properties for the right price, the right people to trust and the right finance available. Through our contacts we now have access to many properties not yet on the the open market.

We want to meet, and work, with people like you (well you have read this far - so you might be interested in property investment!) and assist you to make some solid investments in the German market.

We promise to deliver unbeatable property in an unbeatable way. To ensure we do this, we offer our guarantee below:

Our 10-point Guarantee To You:

1. We will offer you the very best deals currently in the market place.

2. We will attend to every aspect concerning research and subsequent purchase, according to your needs.

3. We will assist you in finding the most competitive finance deals available, subject to status.

4. We will communicate with you regularly as progress towards purchase is made, every step of the way.

5. We will deal with your case in a confidential manner, as you would expect.

6. We will produce property management plans to maximise your return.

7. Our fees made to you will be fully open and very competitive, up to half of the charges made by our competition.

8. We will be with you after purchase, to attend to any matters as long as you require.

9. We will offer full management of your investment at very competitive rates, as you require.

10.We ask each customer for feedback and share this feedback – our reputation is the key of our business.

Please get in touch if you require any further information