House for sale in Lauchhammer, Germany

Property Description: This single-family house, built in 1900, consists of one floor, partially basement, and partially converted attic. The living area is 150 square meters and there is also an outbuilding on the property. In 2000, partial modernization was carried out, including the renewal of windows, heating system, and facade. The property also features a garden. The layout of the rooms is as follows: The basement includes corridors, two storage rooms, the oil tank storage, and the boiler room. On the ground floor, there is a hallway, a kitchen, two bathrooms, a corridor, a room with a kitchenette, and living spaces. The attic has two small rooms that can only be partially used as living space due to their size, as well as two additional rooms. The heating and hot water supply are provided by an oil heating system. One bathroom is still in the rough construction state. The roof, the top floor ceiling, and the basement ceiling do not have adequate insulation. The attic area is only partially and inadequately insulated. The overall condition of the building and its equipment is rated as mediocre to poor. Due to its proximity to the train station and railway traffic, significantly increased noise levels can be observed. Price Thoughts: The property is listed at a traffic value of 40,000.00 EUR. However, there is a possibility to secure a 30% discount on the traffic value, bringing the price down to 28,000.00 EUR. Additionally, there are no notary fees or agency commission to be paid. Considering the average to poor condition of the property and the noise levels from the nearby train station, the price reflects these factors. It could be a suitable option for buyers looking for a renovation project or willing to invest in improving the insulation and overall condition of the house.