Attractive investment opportunity with 6 units, balconies, and development potential

Key facts

Purchase price & costs

About this investment property

For sale is an attractive apartment building with a total of 6 residential units in Bielefeld, offering an interesting combination of existing rental income, modernizations already completed and further development potential. The property is particularly suitable for investors and buy-and-hold owners seeking a property with additional potential for appreciation.

The apartment building has a total of 6 residential units, which are in varying states of modernization. Many parts of the building, as well as one apartment, have already been extensively upgraded and present themselves in a contemporary and appealing condition.
The modernized and very well-maintained staircase, with bright wall surfaces, modern accents and wood-look stair treads, was newly completed this year.

In recent years, and especially in 2026, extensive investments have already been made in the building and the communal areas.

The façade was insulated in 2026 and subsequently completely repainted in a new and modern style on all sides of the building. This not only significantly enhanced the external appearance of the apartment building, but also represented an energy-efficiency investment in the building envelope.

In addition, the basement area was completely renovated. The basement floor was newly sealed, and the wall surfaces were refurbished and repainted.

The staircase and the communal areas were also modernized. All windows here were replaced. Bright wall surfaces, modern accents and wood-look stair treads create a well-maintained and contemporary overall impression. As a result, the entire communal area of the building now presents itself as modern, bright and appealing.

5 of the 6 apartments are still in need of renovation or modernization. This gives the future owner the opportunity to further develop the building gradually and realize additional potential for appreciation when tenants change.

Another advantage is the spacious balconies at the rear of the building, as well as the existing green and open spaces. The balconies provide residents with attractive additional living value and support good long-term rental potential.

The property currently generates a monthly net cold rent of approx. €2,580, corresponding to a current annual net cold rent of around €30,960.

At the same time, there is interesting Potential for rent increases. For four of the six apartments in total, there is potential—subject to the respective statutory requirements and the rent index—for an adjustment of the existing rents by up to 15%.

In addition, the apartments currently vacant can be re-let. Following the possible rent adjustments and the re-letting of the vacant units, a monthly net cold rent of approximately €3,800 is targeted in the short term.

This corresponds to a potential annual net cold rent of approximately €45,600 and thus additional income potential of around €14,640 per year compared with the current rent level.

Location

Location details

The apartment building is located in 33605 Bielefeld-Stieghorst and is particularly impressive due to its very good transport connections and the well-developed infrastructure in the immediate surroundings.

Detmolder Straße is one of Bielefeld’s important traffic arteries and, as part of the B66, provides a direct connection towards Bielefeld city centre and the A2 motorway. The Bielefeld-Ost junction can therefore be reached in a short driving time. This offers a significant location advantage, particularly for commuters and tenants who need to be mobile within the East Westphalia-Lippe region. (Wikipedia)

The connection to local public transport is also very good. Stops are located in the immediate vicinity and provide convenient connections towards the city centre and other districts of Bielefeld. Location data also indicates very good public transport accessibility for the area. (Straßenkatalog)

The supply of everyday necessities is also excellent. Various supermarkets and shopping facilities are located within a short distance, including, for example, Lidl on Detmolder Straße and Kaufland Bielefeld-Sieker. Schools, doctors, pharmacies and other everyday amenities are also available in the surrounding area. (Straßenkatalog)

In addition to the good infrastructure, the location also provides quick access to the surrounding green spaces and local recreational areas. The location therefore combines an urban setting with good transport connections and short distances to leisure and recreational opportunities.

For investors, the combination of good accessibility, well-developed infrastructure, public transport connections and proximity to important traffic arteries is particularly interesting. The location therefore offers good conditions for the sustainable letting of the six residential units.