Property Description A) A building complex that includes both residential and commercial spaces, consisting of seven apartments and a beverage store. The building is one to two stories high, has a basement with a usable area of 367 m², and a flat roof. The apartment sizes vary between 76 and 208 m², totaling a living area of 808 m² and a usable area of 404 m². It was built in 1937 and expanded in 1960. Comprehensive renovation of the apartments with upscale fittings was carried out from 2012 to 2016.

B) This residential building comprises four units and is two stories high with a basement. It features a winter garden and two garages. The building was built in 1890 and was partially renovated between 1965 and 1997.

A) The apartments are rented out and some are accessible without barriers. The beverage store is leased out. Heating is provided by a gas central heating system from Viessmann, model Vitocrossal CM3. The units do not have separate electricity meters, but are supplied with electricity through a transformer in the building. Electricity costs are billed together with the rent. A special agreement regarding rent costs was made for a 146 m² apartment with a garden due to self-contributed works, excluding rent increases until 2042. The plot is listed in the old pollution register as the former location of a gas station, which may result in complications during ground works for independent development.

B) Heating was provided by a gas central heating system from Buderus, model G215 (no longer in operation). The residential building is in need of extensive renovations since 2018 due to long-term vacancy. It has an infestation of dry rot in the roof framework and in the top floor ceiling. Electricity supply is connected through property A), but is not privately or publicly secured.

Price Thoughts: The property is listed for sale at a price of 1,700,000 EUR, but there is an opportunity to potentially secure a 30% discount on the appraisal value, reducing the cost to 1,190,000 EUR. Additionally, notary fees and agency commissions are waived. Considering the diverse range of residential and commercial spaces within the building complex, along with the potential for cost savings, this property offers good investment potential for buyers looking for a unique opportunity in the real estate market.

Objektbeschreibung                          A) Ein Gebäudekomplex, der sowohl Wohn- als auch Gewerbeflächen umfasst, bestehend aus sieben Wohnungen und einem Getränkehandel. Das Gebäude ist ein- bis zweigeschossig, hat einen Keller mit einer Nutzfläche von 367 m² und ein Flachdach. Die Wohnungsgrößen variieren zwischen 76 und 208 m², insgesamt bietet das Gebäude eine Wohnfläche von 808 m² und eine Nutzfläche von 404 m². Es wurde im Jahr 1937 erbaut und 1960 erweitert. Eine umfassende Sanierung der Wohnungen in gehobener Ausstattung wurde von 2012 bis 2016 durchgeführt.B) Dieses Wohnhaus umfasst vier Wohneinheiten und ist zweigeschossig mit Keller. Es verfügt über einen Wintergarten und zwei Garagen. Das Gebäude wurde im Jahr 1890 erbaut und wurde teilweise renoviert zwischen 1965 und 1997.A) Die Wohnungen sind vermietet und teilweise barrierefrei erreichbar. Der Getränkemarkt ist verpachtet. Die Beheizung erfolgt über eine Gas-Zentralheizung der Marke Viessmann, Typ Vitocrossal CM3. Die Einheiten verfügen nicht über separate Stromzähler, sondern werden über einen Transformator im Haus mit Strom versorgt. Die Stromkosten werden zusammen mit der Miete abgerechnet. Für eine 146 m² große Wohnung mit Garten wurde aufgrund selbst eingebrachter Arbeiten eine Sonderregelung hinsichtlich der Mietkosten getroffen, die Mieterhöhungen bis 2042 ausschließt. Das Flurstück ist im Altlastenkataster als ehemaliger Standort einer Tankstelle gelistet, daher kann es bei Bodenarbeiten zur eigenständigen Erschließung möglicherweise zu Komplikationen kommen. B) Die Beheizung erfolgte über eine Gas-Zentralheizung der Marke Buderus, Typ G215 (nicht mehr in Betrieb). Das Wohnhaus ist aufgrund langjähriger Unbewohntheit seit 2018 stark sanierungsbedürftig. Es weist einen Befall von Hausschwamm im Dachstuhl und in der obersten Geschossdecke auf. Die Stromversorgung erfolgt über das Grundstück A), ist jedoch weder privat noch öffentlich-rechtlich abgesichert.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 1.700.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 1.190.000,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

House for sale in Burscheid, Germany

Property Description:
A) A building complex that includes both residential and commercial spaces, consisting of seven apartments and a beverage store. The building is one to two stories high, has a basement with a usable area of 367 m², and a flat roof. The apartment sizes range from 76 to 208 m², with a total living area of 808 m² and a usable area of 404 m². It was built in 1937 and expanded in 1960. A comprehensive renovation of the apartments with upscale finishes was carried out from 2012 to 2016.
B) This residential building consists of four units and is two stories high with a basement. It features a winter garden and two garages. The building was constructed in 1890 and partially renovated between 1965 and 1997.
A) The apartments are rented out and partially accessible without barriers. The beverage store is leased. Heating is provided by a gas central heating system from Viessmann, type Vitocrossal CM3. The units do not have separate electricity meters, but are supplied with electricity through a transformer in the building. Electricity costs are billed along with the rent. For a 146 m² apartment with a garden, a special agreement regarding rent costs was made due to self-contributed work, excluding rent increases until 2042. The plot is listed in the contaminated site register as the former location of a gas station, which may lead to complications during ground work for independent development.
B) Heating was previously provided by a Gas central heating system from Buderus, type G215 (no longer in operation). The residential building is in need of significant renovation since it has been uninhabited for years since 2018. There is an infestation of dry rot in the roof structure and the top floor ceiling. The electricity supply is connected to property A), but is not privately or legally secured.
Please contact us for further inquiries by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 – 18:00 at the phone number mentioned in this listing.
This property is being auctioned at the local district court.
Appraised value: 1,700,000.00 EUR.
Potentially secure up to 30% discount on the appraised value and pay only 1,190,000.00 EUR for the above-mentioned property. Notary fees and agency commission are also waived.
This is just one of the many interesting properties we showcase in our affordable monthly REAL ESTATE AUCTION CATALOG. Secure these details now to acquire your desired property at a reasonable price. 
Catalog information: Phone number provided in the listing.

 This property is described from a buyer's perspective, highlighting its features and potential benefits for both real estate investment and lifestyle purchase. The property is located in Burscheid, Germany, and priced at 590,000€. It has 3 bedrooms, a large living room, kitchen, bathroom, and a basement with a laundry room, which are all included in the purchase price. Additionally, it features a gorgeous garden with a terrace, a carport, and a heated outdoor aquarium. The house was built in 1984 with a mix of materials, including massively constructed walls with oak beams, frame with brick hearding, and exterior cladding with brick and concrete. The house's interior is beautifully designed, providing a cozy and welcoming atmosphere, and it is well-maintained over the years.

From an investment perspective, this property offers a good return due to its prime location and well-maintained condition, which can help attract potential renters or buyers in the future. Additionally, the property offers some customization potential, like adding an additional cozy space on the Eichenbalken. As an added bonus, the house features a sauna, which can be a significant amenity for those considering it as a vacation rental or extra living space.

For lifestyle purchasing, the house offers a fantastic outdoor living space with a comfortable garden, terrace, and sauna, creating a perfect setting for relaxation and entertainment. Furthermore, the house's location in a sought-after neighborhood and the availability of 3 extra parking spaces in the carport and garage make it an attractive option for those looking to settle in.

In summary, this property is a great investment opportunity, providing a solid return on investment and the potential for personalized customization. Additionally, it offers a fantastic lifestyle for those looking for a comfortable and well-maintained house with plenty of outdoor space for relaxation and entertainment.

Objektbeschreibung                          KINTSCHER Immobilien präsentiert Ihnen dieses ruhig gelegene und stetig gepflegte Einfamilienhaus im bevorzugten Wohngebiet Burscheid Ösinghausen.  Das Haus wurde im Jahr 1984 in massiver Bauweise teilweise mit Echtschiefer als auch mit einer Verklinkerung errichtet und besticht durch seine hochwertige Ausstattung und gemütliche Atmosphäre, die speziell durch die massiven Eichenbalken entsteht. Je nach Geschmack können diese durch Maler auf modern gekälkt werden. Ein mit Bruchsteinen verkleideter Kamin trägt zu dieser wohligen Atmosphäre bei und sorgt nicht nur für angenehme Wärme, sondern lädt mit der seitlich integrierten Sitzbank zum geselligen Beisammensein ein. Diese Art des Kamins bietet den Vorteil, dass er als offener und auch als geschlossener Kamin befeuert werden kann.Auf einer Wohnfläche von ca. 140 m² erstrecken sich 3 Schlafzimmer, ein großzügiges Wohnzimmer mit hohen Decken, ein Esszimmer sowie eine voll ausgestattete, hochwertige Küche, die im Kaufpreis enthalten ist. Des Weiteren verfügt das Haus über ein Gäste-WC sowie ein Tageslichtbad mit Dusche, Eckbadewanne und Urinal.Alle Etagen incl. Kellergeschoss verfügen über eine Fußbodenheizung.  Zusätzliches Potential für individuelle Gestaltungsmöglichkeiten bietet sich im Wohnzimmer:  Auf die Konstruktion der massiven Eichenbalken könnte ein weiterer gemütlicher Bereich geschaffen werden, wie z.B. eine Leseecke. Strom wurde bereits weitsichtig gelegt.Weitere Entfaltungsmöglichkeiten könnten sich aus dem ausbaufähigen Dachboden ergeben. KELLERGESCHOSS (ca. 50 m²):Die Bezeichnung Keller trifft die dortige Atmosphäre nicht wirklich. Denn hier sind die Räume eher hell und wohnlich eingerichtet. Selbst in der Waschküche fühlt es sich angenehm an. Es ist alles bis in die letzte Rille sauber. Der ausgestattete Werkraum lässt die Herzen aller handwerklich Begabten höherschlagen.  Ein besonderes Highlight ist die vorhandene Sauna im Wellnessbereich. Eine Dusche und gemütliche Liegen sowie die Möglichkeit, von dort aus in den Garten gehen zu können, vermitteln das Gefühl eines echten Saunaerlebnisses. Das Grundstück umfasst ca. 370 m² und ist mit besonderen Ideen optimal genutzt. Im Haus als auch rund ums Haus bleiben keine Wünsche offen. Es gibt Außensteckdosen, Wasserzapfstellen, das abschließbare Sicherheitstor, ein Durchgang vom Garten zum dahinterliegenden Anlagenbereich und somit zum nahe gelegene Kinderspielplatz.Die Terrasse ist teilweise überdacht und lädt auch bei aprilmäßigen Wetterverhältnissen zum Verweilen ein. Der Garten ist pflegeleicht. Die 2 Gartenhäuschen bieten viel Stauraum, so dass es nicht nur aufgeräumt aussieht, sondern auch tatsächlich ist. Großartig ist die Fahrradgarage mit elektrisch betriebenem Rolltor. Diese gibt es so nicht zu kaufen und ist vom Eigentümer selbst gebaut worden. Die Fahrräder können bequem über den seitlichen Weg am Haus vorbei in die Fahrradgarage gestellt werden und sind somit geschützt. Ein weiteres Highlight, welches nicht nur Kinderaugen glänzen lässt, findet sich im Garten in Form eines beheizbaren Außenaquariums wieder. 2 Carports und eine geflieste Garage mit Waschbecken und WC bieten genügend Stellplätze für Fahrzeuge.Aus aktuellem Anlass: Ob Sie unter einem der Carports oder in der Garage parken: Hier kommen Sie immer trockenen Fußes ins Haus.Vieles mehr gibt es zu diesem Anwesen zu zeigen. Nur leider lässt der Platz es nicht zu. Daher überzeugen wir Sie gerne vor Ort von diesem großartigen Haus.

 Property Description:

Property Overview:

* Price: 1,700,000€
* Location: 51399 Burscheid

A) A mixed-use complex consisting of both residential and commercial spaces, featuring seven apartments and a grocery store. The building is constructed on a single-to-two-story structure, with a basement (367m²) and a flat roof. The apartment sizes range from 76m² to 208m², providing a total living space of 808m² and a usable area of 404m². The building was constructed in 1937 and expanded in 1960. A comprehensive renovation of the apartments was completed between 2012 and 2016.

B) A 4-unit residential building with a two-story construction and a basement. It offers a winter garden and two garages. The building was constructed in 1890 and underwent renovations between 1965 and 1997.

Property Highlights:

* Mixed-use complex with residential and commercial spaces
* Four residential units and a grocery store
* Gas-based central heating system (Viessmann Vitocrossal CM3)
* Electricity supply through transformers and a shared meter, with energy costs included in the rent
* Rent-controlled apartments with a 146m² unit with a garden, and an agreement in place for no rent increases until 2042
* Catalogued as previous fuel storage site in the Soil Pollution Register, which may result in potential complications during groundwork

Former owners' legal disputes and abrupt abandonment for EUR 1,190,000,00, which includes 30% discount on the appraised value and eliminates notary fees and commission. Aside from the ground floor apartment rentals, the building also holds an existing grocery store lease. Secure your property at a discounted rate and enjoy timeless convenience.

Property investment potential:

With its Finders brokered discounted price and ideal location, you can now make a smart, subtle investment to reap long-term returns. Despite some minor cosmetic structural issues, renovation costs are expected to be manageable, which justifies the risk-to-reward ratio. Additionally, the rental income coupled with the promising appreciation potential for this property in a desirable urban locality speaks for itself.

Property rental potential:

With a multifaceted configuration of residential and commercial units, the property can attract a range of tenants, making it an appealing and lucrative rental investment. Constant demand, a prime location, existing tenants, and managed renovation and rebranding prospects increase its likelihood of sustained income. The property's resilience to market volatility, cornerstone-like stability in the real estate market, and continuous consumer confidence feed into its promising rental potential.

Understanding the property's potential from a lifestyle perspective:

One could approach this property investment from a lifestyle aspect, preferably when seeking to reside in a low-maintenance environment with a significant discount, relative to the market standard, and with a built-in community benefit from the existing shops. With unit sizes ranging from compact to expansive, this property could cater to diverse needs, be it a home for a young professional or an extended family. Boutique leisure options and local amenities, like schools, parks, shopping, and recreational spots, make this property an enviable lifestyle purchase. Add to that the historical charm of the buildings, and the property's landscaping offers a perfect setting for all residents to enjoy.

In conclusion: with its intriguing architecture, proximity to amenities, sought-after ambiance, ongoing tenant relationships, and low-risk, high-reward potential, this property would be a sensible long-term investment and a bespoke lifestyle acquisition, all at once. Secure the opportunity and transform your living experience, whether as an owner or an occupant, while t 'roductively renting.

Property Description:
This property in Burscheid, located at 51399, consists of a building complex that includes both residential and commercial spaces. The complex comprises seven apartments and a beverage store. The building is one to two stories high, with a basement spanning 367 m² and a flat roof. The sizes of the apartments range from 76 to 208 m², totaling a living area of 808 m² and a usable area of 404 m². It was built in 1937 and expanded in 1960. A comprehensive renovation of the apartments with high-quality finishes was carried out from 2012 to 2016.

Additionally, there is another residential building with four units, two stories high with a basement, featuring a winter garden and two garages. This building was constructed in 1890 and partially renovated between 1965 and 1997.

The apartments are currently rented out, some of which are wheelchair accessible. The beverage store is leased. The heating is provided by a gas central heating system from Viessmann, model Vitocrossal CM3. The units do not have individual electricity meters and are supplied with electricity through a transformer in the building. The electricity costs are billed along with the rent. There is a special arrangement regarding the rent for a 146 m² apartment with a garden due to self-improvement works, preventing rent increases until 2042. The property is listed in the historical contamination register as a former gas station site, potentially causing complications during groundworks.

The second residential building is in need of significant renovations since it has been uninhabited for years. It has a wood-destroying fungus infestation in the roof truss and the top floor ceiling. The electricity supply is connected to the first property but is not legally secured.

Price Thoughts:
The current asking price for the property is €1,700,000. Considering the potential issues with contamination and the extensive renovations needed for one of the buildings, the price may seem high at first glance. However, there is a possibility of securing a 30% discount on the property's market value, bringing the cost down to €1,190,000. This discounted price, along with the waived notary and agency fees, could make this property a more attractive investment opportunity for buyers looking to take on the necessary repairs and renovations. The property's location in Burscheid and the combination of residential and commercial spaces could provide versatility and potential for a successful return on investment in the long run.

 This property, located in Burscheid, is a unique combination of residential and commercial spaces with a total living area of 808 m² and a net area of 404 m². The complex consists of seven apartments and a convenience store, spread across a two-story building with a basement and a flat roof. Construction was completed in 1937 and later expanded in 1960, with a comprehensive renovation of the apartments carried out between 2012 and 2016.

One fourth of the property consists of four apartments, two-story with a basement, featuring a winter garden and two garages. These apartments were built in 1890 and partially renovated between 1965 and 1997.

Both properties are currently rented out, and this description seems to mention market conditions for renting as well, indicating that some of the apartments might be leased below market rate. The flats have access to a modern gas-fired central heating system (Viessmann Vitocrossal CM3) and are connected to the electricity grid via a shared transformer, reducing the overall energy costs. The monthly rent payments include heating costs as well.

However, some aspects of the property present challenges. 

One concern is related to the former use of the site as a tank farm, which is listed in the Altlastenkataster (German term for a catalogue of formerly polluted soil). This could potentially tend to complicate groundwork or any future construction initiatives.

Additionally, the long-time uninhabited house has been found to contain wood rot due to dampness, attracting wood beetles and causing damage to the property. Furthermore, fumigation measures have been deemed insufficient to address the issue.

Furthermore, the electricity supply seems to be a private and unsecured public-law arrangement, which should ideally be resolved.

The estimated sale price for this property is 1.7 million euros, but a final offer with a 30% deduction will result in a purchase price of 1,190 tom €.

 Looking at it from an investment perspective, this property seems strongly targeted towards th
e rental market. On one hand, the combined rental income could be significant given the size and number of apartments. On the other hand, the "as-is" condition, the wood beetle infestation, and the property's status in the Altlastenkataster might deter potential buyers. The buyer would need to invest in renovations to bring the property up to standard and might also need to deal with additional costs. Therefore, this property might not represent a great investment opportunity, and the proposed deduction might merely reflect the buyer's negotiation strategy, rather than a realistic discount market-value-wise.

As for a lifestyle purchase, the property presents a unique opportunity to own and manage a small complex of apartments and a convenience store. Located in 51399 Burscheid, potential buyers can enjoy the tranquil and picturesque surroundings. However, they would also need to be ready to address the property's shortcomings and intensive need for renovation.

Interested buyers are advised to contact the company for further information via phone, and a request has been made to publish this information in their monthly publication.

House for sale in Burscheid, Germany

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