House for sale • 542 m² without real estate, North Rhine-Westphalia

Offered here is a multi-family house located in Schieder-Schwalenberg (Lothe district).

The property currently has 8 rented residential units with a total living area of 541 m².

With an additional development reserve in the attic, the living area could be increased to 652 m².

With the exception of the two residential units on the 1st floor, all other units and common areas have been completely modernized since 2022, including bathrooms, windows, electrical systems, and floor and wall finishes.

The living areas of the residential units are distributed as follows:

Ground Floor Unit 1: 22.71 m² (rented)

Ground Floor Unit 2: 27.51 m² (rented)

Ground Floor Unit 3: 56.19 m² (rented)

Ground Floor Unit 4: 77.97 m² (rented)

1st Floor Unit 1: 90.39 m² (rented)

1st Floor Unit 2: 99.95 m² (rented)

2nd Floor Unit 1: 78.64 m² (rented)

2nd Floor Unit 2: 88.20 m² (rented)

(Attic Unit 1: 55.11 m² – approved for development but not executed)

(Attic Unit 2: 55.66 m² – approved for development but not executed)

Current annual cold rent: €41,664

Following an impending rent increase soon: €43,276

The property is located in the quiet and green Lothe district of Schieder-Schwalenberg. The region is touristically attractive due to its proximity to the Schiedersee and simultaneously benefits from stable demand by regional companies (company housing for technicians). Good connections to the economic centers of Blomberg, Steinheim, and Detmold are ensured via well-developed rural roads.

Energy & Technology: New oil condensing technology (2025), decentralized air-to-air heat pumps, a 23 kWp photovoltaic system for self-consumption plus feed-in.

Condition: 6 out of 8 units have been completely modernized (bathrooms, floors, electrical systems, wall finishes).

Outdoor Area: New balconies (2025), staircase renovation (2022), and generously newly laid parking spaces available for all 10 units.

Digital: Fiber optic connection in all occupied units – ideal for home-office use and commercial tenants.

Windows & Doors: Mostly renewed.

The three fitted kitchens in the ground floor apartments are part of the inventory and are sold with the property.

Development Potential: Approximately 111 m² of additional development reserve in the attic (units 9 & 10) has already been approved. A division into 10 condominiums is prepared, approved, and could be implemented with little effort.

An energy certificate is in preparation.

If you are interested, please get in touch with your complete contact details (name, email address, telephone number).