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House for sale in Frechen, Germany

205 000€

50226 Frechen

Property description

From a buyer's perspective, this property is situated in Frechen, Cologne. The two-story detached house features a basement and attic, with a total living space of 123.86 m². The property includes a terrace, garden, and a wooden garden house. The room layout consists of a basement with a hallway, laundry room, storage room, and heating room; on the ground floor, there is a hall, bathroom, bedroom, kitchen, and living room; the first floor offers a hallway, bathroom, kitchen, and two bedrooms. The property is heated by an oil-fired central heating system installed in 1995, which also supplies hot water. An electrical water heater supplements the hot water supply. The property's condition is subpar, with leaky rain gutters, structural issues, and exterior wall damage. Furthermore, the property needs extensive repairs, with dampness in the basement, missing glass in the front door, and displays low ceiling heights in some areas. An investment perspective shows that the estimated market value is 205,000€, with a 30% discount, the final purchase price would be 143,500€. This price includes a warranty, notary fees, and commission. If you are interested in the property, contact the provided phone number for more information. The auction results and property details are also published in the "IMMOBILIENVERSTEIGERUNGS KATALOG," which can be found in the current, monthly magazine.

Location

50226 Frechen

Date added: 24.07.2024

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