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Investment property: Refurbished in 2025, currently rented – generates €1,000 per month in rental income + operating costs.

Enzianweg 3, 33098 Paderborn – Nordrhein-Westfalen
164.500 €
2
Room
46 m²
Living Area
Apartment

For sale is a 2-room apartment in Paderborn, completely renovated in 2025, fully furnished, and already rented out. The apartment, approximately 46 m² in size, was specifically designed as a high-quality student shared accommodation. It features two rooms of roughly equal size, each rented separately. Both rooms have direct access to the spacious southeast-facing balcony. As part of the renovation, new windows were installed, the electrical system was updated, and all interior doors, including frames and handles, were replaced. In addition, the kitchen was newly fitted in 2025 to meet the needs of students, and the bathroom was renovated. This property is particularly interesting for investors because:
The apartment is currently rented to two female students, one German-Canadian and one French. The rental concept is specifically aimed at students with a temporary stay in Paderborn and is based on a comfortable all-inclusive offer with complete furnishings, equipment, and Wi-Fi. The current tenants have each consciously chosen a maximum stay of one year. The two rooms are rented out under separate lease agreements, allowing for tenant changes to occur independently. The versatile layout offers additional flexibility: in addition to the currently successful shared living arrangement, the apartment is also suitable for traditional long-term rentals, as well as for various specialized rental concepts. This gives the buyer flexibility in how they choose to use and position the apartment in the future. The current monthly income is €1,000, or €12,000 annually, including utilities, furniture, equipment, and Wi-Fi. The demand for this type of investment property has proven to be unexpectedly high, offering potential for further increases in income. The underground parking space (suitable for two cars) that belongs to the apartment has recently been renovated and is currently not rented out. This represents additional potential income of approximately €600+ per year. The apartment is being sold with the furniture and equipment purchased in 2025. The buyer will acquire a fully furnished and currently rented investment property, without the need to initially renovate, furnish, or find new tenants. The apartment is located on the 3rd floor. Top floor apartment in a well-maintained residential complex built in 1994, comprising a total of 52 apartments. The complex is professionally managed by a property management company and offers a quiet and well-maintained living environment. Shared amenities include a secure bicycle storage room and a coin-operated laundry area in the basement.
Purchase price: €164,500. No buyer's commission.
Monthly income: €1,000.
Potential additional income: Underground parking space – realistically approximately €600 per year.
Gross rental yield: approximately 6%*.
* Based on full occupancy, including the underground parking space, and using the current rental structure and adjusted operating costs. We will gladly provide further documentation regarding the apartment, the property association (WEG), and the existing rental agreements to serious buyers after a viewing.

Are you interested in this apartment?

Object Number
OM-501703
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
164.500 €
Purchase additional costs
approx. 13,340 €
Total costs
approx. 177,840 €
HOA fee
150 €

Breakdown of Costs

Purchase price 164.500 €
Real estate transfer tax 10,693 € (6.50%)
Notary costs 1,749 € (1.06%)
Land register entry 899 € (0.55%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 718€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.55%

Details

Condition
Rehabilitated
Number of floors
3
Level
3rd floor
Bathrooms (number)
1
Bedrooms (number)
2
Flooring
Tiles
Year of construction
1994
Equipment
Balcony, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

The apartment was completely renovated and furnished in a modern style in 2025. Particular attention was paid to creating a modern, practical, and student-friendly environment. The goal was to offer a ready-to-move-in, all-inclusive living concept ("walk-in"), specifically designed for female students. The furnishings include:
* Queen-size beds with built-in storage and bedding
* Wardrobes and shelves
* Desks and chairs
* Tables and other small pieces of furniture
* Modern lighting
* New kitchenette including kitchen utensils, dishes, cutlery, pots, etc.
* Weather-resistant balcony furniture
* High-speed DSL Wi-Fi
The bathroom was renovated in 2025 and features a new shower tray with shower enclosure, a new sink, new fixtures, and a new toilet. As part of the renovation, the old wooden windows were replaced with new plastic windows with blackout options. All interior doors, frames, and door handles were also replaced. The electrical system was also updated. The apartment features underfloor heating that can be controlled separately in all areas, as well as a bright and easy-to-maintain tiled floor throughout. This makes the apartment fully furnished and ready for immediate, furnished rental. The existing furniture and fixtures are included in the purchase price.

Location

The apartment is located on Enzianweg in Paderborn and combines a particularly attractive micro-location for rentals with the long-term positive prospects of Paderborn as a business and university town. The micro-location is particularly well-suited for renting to students: Paderborn University is approximately 10 minutes away by bike or bus, as is the city center. Several bus lines are just a few minutes' walk away. Shopping facilities and numerous amenities for daily needs are located in the immediate vicinity. The residential area itself is modern, well-maintained, green, and thriving – and is currently undergoing further development. The location offers an attractive combination of short distances, good transport links, and a peaceful living environment. This combination is particularly appealing to students, young professionals, and employees of the many companies in Paderborn. The micro-location is further enhanced by the ongoing development of the surrounding area, with several new residential areas being built. It is particularly noteworthy that the former British military base on Driburger Straße is being transformed into the "Zukunftsquartier Paderborn" (Future Quarter Paderborn). On this approximately 54-hectare site, a new urban district is currently being developed, featuring a mix of residential, commercial, educational, and retail spaces, as well as ample green areas and recreational facilities. This development significantly enhances the importance and attractiveness of the entire eastern part of the city. Furthermore, Paderborn's overall location offers very promising long-term prospects. In the Prognos Future Atlas 2025, the Paderborn district ranks 39th out of 400 cities and districts, and is classified as having "high potential." This places the region among the most promising locations in Germany. A key factor in this success is the modern University of Paderborn, with its close ties to business, research, and technology. Numerous spin-off companies and the specifically developed technology and start-up infrastructure underscore this development. With the "Start-up Campus OWL," an important part of this infrastructure is now located directly within the new Future Quarter. In addition, there is a diverse business landscape with a strong presence of small and medium-sized enterprises, as well as numerous technology-oriented and internationally active companies. Paderborn thus combines economic strength and innovation with a relatively down-to-earth and stable urban structure. At the same time, Paderborn is a large city surrounded by green spaces, without many of the typical drawbacks associated with similarly sized locations. Short distances, plenty of green areas, a high quality of life, an attractive surrounding area, and a strong university are complemented by skilled jobs and an internationally-oriented economy. This combination makes the city attractive to students, young professionals, skilled workers, families, and older people alike. From the perspective of an investor, two strong factors converge: a highly rentable micro-location with proximity to the university and good infrastructure, as well as a economically healthy and перспективно growing macro-location. The dynamic development of the immediate surroundings, and in particular the currently being developed future district, further enhance the attractiveness of this location.

Location Check

Child Friendliness
100m
Shopping
100m
Sports
150m
Health
100m
Culture
850m
Nature
50m
Eating Out
150m
Nightlife
650m
Public Transport
150m

Energy

Main energy source
Gas

PDF

Miscellaneous

The apartment is being sold directly by the owner, without any commission fees.

The existing furniture and fixtures are included in the purchase price. The current rental agreements will be assumed by the buyer.

We are happy to provide further documentation regarding the apartment, the homeowners' association, and the existing rental agreements to serious potential buyers.

As the apartment is currently occupied, and we wish to respect the privacy of the tenants, viewings are strictly by appointment only and after providing proof of suitable financing or available capital.

We kindly ask for your understanding that we will only schedule viewings with qualified potential buyers.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: ULC Frank GmbH