Commission-free: Fully renovated, 41 sqm investment property in the popular "Musicians' Quarter," currently rented.

This sale concerns a renovated 1-room apartment located on the 1st floor of a well-maintained multi-family building (built in 1966) in a desirable location in the eastern city center of Bielefeld. The apartment, approximately 41 m² in size, features a well-designed layout: it comprises a spacious living/sleeping area with direct access to a sunny balcony, a hallway, a separate kitchen including high-quality built-in appliances, and a modern, tiled bathroom with a shower and window. The apartment was completely and extensively renovated in March 2024. As part of the renovation, completely new radiators were installed, the radiator niches were properly insulated, and all light switches and electrical outlets were replaced. The communal areas are also in excellent condition and have been energetically upgraded: in addition to the new gas central heating system installed last year and the double-glazed windows (2010), the entire facade insulation and the balcony, including the balcony railing, were completely renewed just last year. The apartment also includes a private storage room in the basement. There is ample parking available in front of the building. Features & Renovations:
Complete renovation (March 2024): Brand new condition after renovation (new shower bathroom, modern flooring with tiles and laminate). Detailed upgrades: All electrical outlets and light switches have been replaced, new radiators have been installed, and radiator niches have been energetically insulated. The high-quality built-in kitchen, installed lighting fixtures, and washer-dryer are the property of the seller, included in the purchase price, and will be sold together with the apartment. This offers the tenant an extra level of comfort right in the apartment. Excellent communal property: New gas central heating system (last year), renewed facade insulation, renovated balcony railing/balcony (last year), and double-glazed windows (2010). Balcony & Extras: Bright outdoor area with a view of greenery, and a private storage room in the basement. The apartment has been sustainably and reliably rented since 2024. Net cold rent: €697.00 / month (€8,364.00 / year).
Maintenance fees: €330.00 / month (of which approximately €147.83 is for the maintenance reserve).
Note on energy efficiency: The energy certificate presented was created before the installation of the new gas central heating system and before the complete facade insulation. Due to the major renovations carried out, the actual energy performance values and consumption are significantly lower today. The sale is commission-free and directly from the owner.

The property is located at Detmolder Straße 160, just below the popular Musicians' Quarter.

Public transportation: The Prießallee tram stop is only about 50 meters (a few steps) away – providing excellent connections to the city center and the university.

Leisure and nature: The promenade in the Teutoburg Forest, as well as extensive green spaces and dog parks, are within walking distance in just a few minutes.

Local amenities: Shops for daily necessities, doctors, pharmacies, and schools are located in the immediate vicinity.