House for sale in Essen, Germany

This property is a semi-detached house, built over two floors and a basement, with a living area of 99 square meters. It was built in 1921 and has been divided into two levels and a basement. It has a kitchen, living room, bathroom, and two bedrooms. Additionally, there is an annex, a sheltered terrace, a shed, and a former dovecote in the garden. The heating is provided by a gas central heating system installed in the 1980s. The basement has a low ceiling height (1.60-1.80 m), and there is a heated floor in the bathroom. There are defects and damages that need to be addressed, including the absence of insulation at the side of the annex, stained windows, damaged waterproofing in the basement and impaired roller blinds. Considering these factors, the property has good potential for real estate investment due to its affordable price and room for improvement. It can be purchased for 224,000 euros, which is a 30% discount on its market value of 320,000 euros. This price includes a representative with a notary and an estate agent. The buyer can get this information for their dream property and buy it at a reasonable price by subscribing to the newsletter. As a lifestyle purchase, the property's benefits include its location in Essen, its well-maintained structure, and the potential for customizing and improving the property according to individual needs. Additionally, the presence of an annex, a sheltered terrace, and a shed offers extra space and the ability to create a home office or a guestroom. The property has some issues that might need to be addressed, such as the lack of insulation and damp in the basement. Additionally, improvements to the heating system, the windows, and the exterior might need to be considered. Buyers should thoroughly inspect the property before making a decision.