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2.5-room apartment, close to the university, renovated, and versatile: ideal for owner-occupiers and investors alike.
Dürerstraße 47, 33615 Bielefeld – Nordrhein-WestfalenModernized 2.5-room apartment near the university with a garage
For sale is an attractive and extensively modernized 2.5-room apartment on the upper ground floor, with approximately 64 square meters of living space, comprising a living room, bedroom, spacious entrance hall, balcony, and storage room in the basement.
The apartment is currently rented out and will be available from January 1, 2027. This makes it suitable for both owner-occupiers and investors.
The spacious entrance hall is the central point of the apartment and offers ample space for a pleasant dining area.
From the living area, you enjoy a pleasant view of the greenery and have direct access to the balcony.
Are you interested in this apartment?
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Object Number
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OM-508777
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Object Class
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Apartment
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Object Type
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Ground floor apartment
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Is occupied
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Occupied
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Handover from
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Jan. 1, 2027
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Purchase price & additional costs
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purchase price
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199.000 €
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Purchase additional costs
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approx. 15,975 €
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Total costs
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approx. 214,974 €
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Purchase price garage/parking space
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10,500 €
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HOA fee
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292 €
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Breakdown of Costs
* 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
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Estimated monthly rate: 838€
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Details
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Condition
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Modernized
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Number of floors
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3
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Level
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Ground floor
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Usable area
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9 m²
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Bathrooms (number)
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1
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Bedrooms (number)
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1
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Number of garages
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1
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Flooring
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Vinyl / PVC
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Heating
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Central heating
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Year of construction
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1976
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Equipment
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Balcony, Basement, Shower bath
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
Extensively modernized – more than just a superficial renovation.
The modernization of the apartment began in 2024 and was completed in 2025. Today, the apartment is in excellent and contemporary condition. Numerous technical and aesthetic areas were renewed during the modernization process, including:
* Electrical panel
* New socket and switch system
* Instant water heater
* Radiators
* Water pipes within the apartment
* Drain pipes within the apartment
* Modern shower room
* Vinyl flooring with a wood-look finish
* Interior doors
* Replacement of the previously outdated windows in the bedroom, as well as the balcony door
* Extensive painting and renovation work
The apartment also features a spacious living area, a balcony, a private storage room in the basement, and a garage. The purchase price for the garage is €10,500 in addition to the purchase price of the apartment. The total renovation costs amounted to €32,703.13. In addition, a significant amount of work was completed by the owner themselves. This means that many of the typical, costly tasks associated with renovating an existing apartment have already been carried out. The apartment is now in excellent and modern condition and offers the significant advantage that a buyer does not have to immediately organize and finance a major renovation.
Location
The apartment is located in a popular area of Bielefeld, with excellent access to the university and college. This makes the location attractive to both owner-occupiers and investors.
Shops for daily necessities, doctors, pharmacies, and other amenities are located nearby. The public transportation links are also good, making many destinations easily accessible.
The proximity to the university campus ensures short commutes and appeals to a wide range of potential tenants. At the same time, the location offers a pleasant living environment with good infrastructure and easy access to Bielefeld's city center.
Location Check
Energy
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Final energy consumption
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143.40 kWh/(m²a)
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Energy efficiency class
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E
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Energy certificate type
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Consumption certificate
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Main energy source
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Gas
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Energieausweis
Miscellaneous
The sale is a private transaction and is commission-free for the buyer. There are no additional buyer fees. The renovation of the apartment was fully completed in 2025. Therefore, the buyer will not be responsible for any outstanding renovation work from this project; there are no further costs related to coordination of tradespeople, site supervision, or potential future price increases. Particularly interesting for owner-occupiers: The existing lease agreement ends on December 21st, 2026. This means the apartment will be available for owner-occupation from January 21st, 2027. Particularly interesting for investors:
The apartment is currently rented under the following terms:
* Net rent (apartment): €768 per month
* Garage rent: €60 per month
* Total net rent: €828 per month
* Annual net rent: €9,936
* Rent per square meter: €12.00/m²
* Gross rental yield: approximately 4.74%, based on the total asking price of €209,500, including the garage.
The monthly service charges (Hausgeld) have been €292 since November 21st, 2026. This includes €39.33 for the maintenance reserve fund. The proportional ground rent (Erbbauzins) is currently approximately €37.14 per month and is already included in the service charges. Previous rental income as an additional benefit. The net cold rent of €768 per month was calculated for the new lease, taking into account the rent control regulations in Bielefeld and the modernization measures that have been carried out. According to § 556e para. 1 of the German Civil Code (BGB), a legally valid previous rent can generally be taken into account in a subsequent new lease, up to its previous level, if it is higher than the otherwise permissible rent. The existing rent of €768, or €12.00 per square meter, therefore represents an additional economic factor for investors.
Leasehold
The leasehold agreement is valid until December 31, 2071. With a leasehold, a corresponding share of the land is not purchased. Depending on the tax classification, this may be of interest to investors; furthermore, the ongoing leasehold payment may be relevant as a deductible expense for tax purposes when renting out the property. Documentation relating to the previous rental, modernization, and the leasehold agreement is available.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
Send a message directly to the seller
Questions about this apartment? Show interest or arrange a viewing appointment?
Click here to send a message to the provider:
Offer from: Marco Lang
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