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House for sale in Koln, Germany

710 000€

51069 Köln

Property description

From a buyer's perspective, this property is described as a semi-detached house, approximately 265 square meters in size, with 2 floors and a basement. It has a balcony, a covered and cellar-stored terrace in the garden, and was built around 1905, with an extension from the early 1960s. Partially modernized. The ground floor contains the entrance, a guest WC, hallway, living room, dining room, kitchen, bedroom, and children's room. The upper floor has a hallway, bathroom, separate WC, 2 bedrooms, separate kitchen, dining room, and living room. The upper floor has no information about the room. The heating is via a warm water central heating. Due to the ongoing renovation work, an inspection of the interior was not possible. The attic and terrace roofing were performed without the necessary building permit. Renovations are necessary. The land is unkempt and litter-filled. Contact the listed phone number (0221-97459790) for more information or visit the listed court office for the auction listing. Virtually, this property appears to have a good layout and size, but there are maintenance concerns and unfinished work that should be addressed for both investment and personal enjoyment. From a real estate investment perspective, the current estimated value is 710,000 euros. With the mentioned 30% discount, the price drops to 497,000 euros, with additional savings on fees and notary costs. This property is listed in the monthly newsletter of the catalog. For a lifestyle purchase, the property has potential, but it's essential to consider the work required and evaluate if it suits your family's size and preferences. There are no internal photos or specifications, making it challenging to assess further without addressing the ongoing renovation concerns.

Location

51069 Köln

Date added: 24.07.2024

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