Attractive investment in a prime Paderborn location

This well-kept 1-room apartment with approx. 21.93 m² of living space is located in the Riemekeviertel, an established and sought-after core district of Paderborn. The apartment is on the 1st floor of an apartment building built in 1992 and is ideal as a long-term investment with a stable rental income.

The unit has been let continuously since 2019 and currently generates a monthly basic rent of € 420. The unit also includes an underground parking space, which can be rented separately and can be set at a monthly rent of €60. This results in a stable and easily calculable income situation.

The monthly house fee is approximately € 77 and is mainly made up of apportionable operating costs. The non-recoverable portion is around €20 per month. In addition, around € 16.50 per month is added to the maintenance reserve via the house fee. The ongoing burden for the owner is therefore manageable and easy to plan.

The floor plan is functional and efficient. The living and sleeping areas are easy to use, the fitted kitchen is owned by the landlord and has recently been renewed, as has the vinyl flooring. These measures ensure the current rental standard and reduce the need for short-term maintenance. The bathroom is functionally equipped. The apartment also has its own cellar room.

The Riemekeviertel is one of Paderborn's established residential areas. The proximity to the city center, short distances to shopping facilities, doctors and local public transport ensure a permanently stable demand and make the property a reliable addition to any residential property portfolio.

The apartment is located in the Riemekeviertel district of Paderborn, a central residential area that has been in demand for years. The district is characterized by predominantly residential use with complementary retail and service offerings.

Everyday amenities are good. Shopping facilities, doctors, pharmacies and restaurants are all within a short distance. Paderborn city center is easily accessible by public transport as well as by car.

The public transport connections are functional and reliable. There are several bus connections in the immediate vicinity, ensuring good accessibility to other parts of the city. The road network is also well developed.

The location primarily appeals to singles, professionals and students. These target groups ensure consistently high demand, particularly for smaller, functional apartments.

Overall, the Riemekeviertel offers a proven location with stable rentability and thus a solid basis for a long-term investment.