Flat for sale 1 bedroom • 34 m² without real estate, North Rhine-Westphalia

This rented 1-room condominium on the 2nd floor impresses with its compact, well-utilized floor plan and a location that couldn’t be more central. An ideal property for capital investors who value lasting quality and consistently high demand.

Over approximately 33 m² of living space, you will find a bright living and dining area with an open kitchen, as well as a bathroom with a shower. The apartment opens onto a loggia, the perfect place for relaxing moments outdoors. The entrance is accessed via a well-kept, tiled staircase with a bright entrance hall.

The apartment also comes with its own underground parking space, which is included in the purchase price and generates additional rental income. The building, constructed in 1992, is part of a well-maintained, spacious residential complex with landscaped outdoor areas.

A special bonus: In 2026, the tenant received a new kitchen, which will be sold along with the property. This enhances the apartment’s value and contributes to a long-term stable tenancy.

The apartment is situated in the Paderborn Riemekeviertel, a central and long-demanded residential area. The district is characterized mainly by residential use with complementary retail and service facilities, and it is also in close proximity to the city center.

Everyday needs are well catered for. Shopping opportunities, doctors, pharmacies, and dining options are all within easy reach. The Paderborn city center—with its cathedral, historic market square, and pedestrian zone—is quickly accessible by both public transport and car. The main train station, with ICE and IC connections, is also just a few minutes away, offering a clear locational advantage for commuters and tenants.

Public transportation connectivity is functional and reliable. Several bus routes in the immediate area ensure easy access to other parts of the city. The road network is well-developed as well, with convenient access to the motorway.

The location particularly appeals to singles, professionals, and students. Paderborn University, with around 20,000 students, as well as numerous employers in the growing university city of approximately 152,000 inhabitants, ensure constant high demand—especially for smaller, functionally designed apartments. Compact units like this are traditionally among the fastest rented on the market.

Overall, the Riemekeviertel offers a proven location with stable tenancy, providing a solid foundation for a long-term capital investment.

• 1 room on approximately 33.14 m² of living space

• Located on the 2nd floor

• Bright living and dining area with open kitchen

• New kitchen from 2026, included with the sale

• Bathroom with shower

• Loggia as a private outdoor area

• Central heating

• Well-maintained, tiled staircase

• Underground parking space, included in the purchase price

• Solid construction, built in 1992

• Well-kept residential complex with landscaped outdoor areas

• No commission for buyers

The apartment is currently rented, making it an excellent, low-maintenance capital investment. The existing lease agreement will be assumed by the buyer, and no broker’s fee is incurred.

Based on current rental income of 450 euros per month for both the apartment and parking space, an attractive gross yield of about 5.45 percent relative to the purchase price is calculated. This is an approximate figure without considering additional acquisition costs and non-recoverable expenses.

All documents, such as the partition declaration, operating cost plan, floor plans, and energy certificate, are fully available and will be provided upon request.

Energy Certificate: Energy requirement certificate, final energy demand 84 kWh/(m²·a), energy efficiency class C, main energy source: electricity mix, built in 1992, valid until 09.08.2028.

Would you like to learn more about the figures and potential of this capital investment? Please feel free to contact us. We look forward to your inquiry.

All information is based on details provided by the owner and is given without guarantee. Mistakes and prior sale reserved.