Flat for sale 2 bedroom • 46 m² without real estateEnzianweg 3, , North Rhine-Westphalia

For sale is a 2-room apartment in Paderborn that was comprehensively renovated in 2025, is fully furnished, and is already rented in a very well-maintained residential complex.

The approximately 46 m² apartment was specifically designed as a high-quality, two-person student shared apartment. It features two roughly equal-sized rooms that are rented individually. Both rooms have direct access to the spacious southeast-facing balcony.

During the renovation, new windows were installed, the electrical system was renewed, and all internal doors—including frames and door handles—were replaced. In addition, a new kitchen tailored to student needs was set up in 2025 along with a renewed bathroom.

Especially interesting for investors:

The apartment is currently rented to two female students—one German-Canadian and one French. The rental concept is geared particularly toward students with a temporary stay in Paderborn and is based on a comfortable, all-inclusive offer that includes full furniture, equipment, and WLAN.

The current tenants have each deliberately opted for a maximum stay of one year. The two rooms are leased under separate rental contracts, allowing for independent tenant turnover.

Additional flexibility is provided by the versatile layout: in addition to the currently successful shared apartment concept, the apartment is equally suitable for traditional long-term rentals or for various special rental concepts. This flexibility allows the buyer freedom in future usage and positioning of the apartment.

The current cash inflow amounts to €1,000 per month, or €12,000 per year, including utilities, furniture, equipment, and WLAN. Demand for this offering is unexpectedly high, offering room for further increases.

The underground parking space (designed for two cars) that belongs to the apartment has been recently renovated and is not yet rented. This provides an additional revenue potential of realistically around €600+ per year.

The apartment is sold including the furniture and equipment acquired in 2025. The buyer thus takes over a completely furnished and continuously rented investment property, without having to renovate, furnish, or find new tenants initially.

The apartment is located on the 3rd floor of a well-kept residential complex built in 1994, comprising a total of 52 residential units. The complex is professionally managed by Haus und Grund and is characterized by a quiet, well-maintained living environment.

Additionally, a secured bicycle cellar and a coin-operated laundry area in the basement are available for communal use.

Purchase price: €164,500, no buyer commission

Cash inflow: €1,000 per month

Upside: Underground parking space – realistically about €600 per year

Gross rental yield: approximately 6%*

* Based on full occupancy including the parking space, according to the current rental structure and adjusted utilities.

Further documentation regarding the apartment, the condominium owners’ association, and the existing rental agreements will be provided to serious prospective buyers following a viewing.

The apartment is located on Enzianweg in Paderborn and combines an especially attractive micro-location for renting with the long-term positive prospects of Paderborn as an economic and university location.

The micro-location is particularly well suited for student rentals: the University of Paderborn is reachable by bicycle or bus in about 10 minutes, as is the city center. Several bus lines are just a few minutes away on foot. Shopping opportunities and many everyday amenities are located in the immediate or nearby surroundings.

The residential area itself is young, well maintained, green, and mature – and it is currently undergoing further development. This location thus offers an attractive combination of short distances, good transport connections, and a quiet living environment. This blend is particularly appealing to students, young professionals, and employees of the many companies in Paderborn.

Additional dynamism is provided by further developments in the immediate surroundings. Several new residential areas are emerging nearby. Notably, the former British barracks area on Driburger Straße is being transformed into Paderborn’s future quarter. Currently, on an approximately 54-hectare area, a new urban district with a mix of residential, work, education, retail, leisure facilities, as well as generous green and open spaces, is being developed. This significantly enhances the importance and attractiveness of the entire eastern part of the city.

Paderborn’s macro-location also offers very good long-term prospects. In the Prognos Zukunftsatlas 2025, the district of Paderborn ranks 39th out of 400 cities and districts examined and is categorized as having “high prospects.” Thus, the region is among the most future-oriented locations nationwide.

A key factor is the modern University of Paderborn with its strong connections to business, research, and technology. Numerous spin-offs and a deliberately created technology and start-up infrastructure underline this development. With the Start-up Campus OWL, an important piece of this infrastructure is now located directly in the new future quarter.

In addition, there is a broad business landscape featuring a strong medium-sized sector as well as many technology-oriented and internationally active companies. Paderborn thus combines economic strength and innovative potential with a comparatively down-to-earth and stable city structure.

At the same time, Paderborn is a large city set in greenery, without many of the typical disadvantages of similarly sized locations. Short distances, plenty of green space and high recreational value, an attractive surrounding area, and a high quality of life coexist with the university, qualified jobs, and an internationally oriented economy. This combination makes the city attractive to students and entry-level professionals, as well as to skilled workers, families, and older residents.

From an investor’s perspective, two strong factors come together: an immediately rental-strong micro-location close to the university with excellent infrastructure, and a robust, economically healthy, and prospectively growing macro-location. The dynamic development of the immediate surroundings—especially the emerging future quarter—further enhances the location’s quality.

The apartment was completely new and tastefully furnished in 2025. Special attention was paid to creating a modern, practical interior that meets the needs of students. The goal was an immediately move-in-ready, all-inclusive living concept ("walk-in") designed specifically for female students.

The furnishings include, among other things:

• Queen-size beds with storage and bedding

• Wardrobes and shelves

• Desks and chairs

• Tables and additional small furniture

• Modern lighting

• A new pantry kitchen including kitchen utensils, dishware, cutlery, pots, etc.

• Weatherproof balcony furniture

• High-speed DSL WLAN

The bathroom was renewed in 2025 and features a new shower tray with a shower cabin, a new sink unit, new fixtures, and a new toilet.

As part of the renovation, the old wooden windows were replaced with new PVC windows with blackout options. All interior doors, frames, and door handles were replaced, and the electrical system was updated.

The apartment features individually adjustable underfloor heating in all areas as well as a uniformly bright and easy-to-maintain tiled floor.

Thus, the apartment is fully furnished and immediately equipped for further furnished rental. The existing furniture and equipment are included in the purchase price.

The apartment is sold commission-free directly by the owner.

The existing furnishings and equipment are part of the purchase price, and the existing rental agreements will be assumed by the buyer.

Further documents regarding the apartment, the condominium owners’ association, and the existing rental agreements will be provided to serious prospective buyers.

Since the apartment is currently occupied—and in order to respect the tenants’ privacy—viewings are arranged strictly by prior appointment and after presentation of suitable financing or proof of funds.

We kindly ask for your understanding that viewing appointments are only arranged with sufficiently qualified prospective buyers.