House for sale in Ludenscheid, Germany

From a buyer's perspective, this property is a 2-family house with a total living area of 71/127 m², including a garage/storage building of 55 m². The house was built in 1905 (with the garage constructed in 1964) and offers a rounded room layout. The basement has a storage area, utility room, and five storage rooms. The ground floor consists of a hall, two bathrooms, a living room, dining room, a kitchen, children's room, and a living room. There is also a separate hallway, bathroom, kitchen, dining room, and two more living rooms in the attic. The heating and hot water are provided by a gas-fired stove. The house is currently rented. The estimated value of the house contains a deduction of 35.000 € due to building defects and damage. The property is being auctioned at the local court with a market value of 350.000,00 EUR. As a potential investor, you can secure a 30% discount on the market value and pay 245.000,00 EUR for this property. This includes notary costs and real estate agent's fees. This property is one of many attractive real estate options featured in the monthly edition of the affordable IMMOBILIENVERSTEIGERUNGS-KATALOG. Secure this information to acquire your desired property at a competitive price. From an investment and lifestyle perspective, this property appears to offer good value, particularly with the 30% discount. However, it's essential to inspect the property thoroughly and consult with a professional to ensure that the 35.000 € deduction due to building defects and damage is accurate. Additionally, consider factors like location, rental income potential, and future development opportunities in the area.