House for sale in Grevenbroich, Germany

From a buyer's perspective, this property is a semi-detached house with a total living area of 110.01 m², located in Grevenbroich, Germany. It has a 2-car garage and a garden area of 57.84 m². The property was likely built in 1930 and has a Keller (storage room) with three storage rooms, an entrance, and a terrace. The ground floor features a kitchen, living room, and a yard, while the upper floor has a bedroom, bathroom, two children's rooms, and a hallway. There is disrepair and damage with mold growth in the basement and possible leaks, so the property may need substantial renovation. It appears no central heating or hot water system is installed. Given the necessary repairs, this property may not be an ideal investment for those seeking a quick return or a maintenance-free property. However, it could provide a good opportunity for those interested in buying and fixing a property or simply purchasing it as a lifestyle home in Grevenbroich. The property is scheduled for auction. According to the listing, the purchase price is 158,000€, but potential buyers can secure a 30% discount on the estimated market value, reducing the final cost to 110,600€. The price includes no notary fees or real estate agent commission. Overall, this property has potential, but it will require significant work and financial investment. Interested buyers should conduct a thorough inspection to fully understand the extent of repairs needed and determine if it suits their requirements and budget.