House for sale in Peine, Germany

As a potential buyer, this property in Peine, Germany, offers 121 square meters of living space in a two-story, two-part house with a cellar. The property was built in 1956 and renovated in 2006, but the renovation was only partially completed, and some amateurish work remains to be done. The house features two storeys with a basement, a kitchen, living room, bathroom, and three bedrooms, as well as an annex and two balconies. The house has windows made of plastic, which are triple-glazed and outfitted with electric roller blinds. Heating is provided by a gas central heating system, but the boiler needs to be replaced. The buyer will need to invest in further renovations, repairs, and repeats of certain work. The estimated value of the property is 232,000 euros, but with a 30% discount on the appraised value, the buyer could purchase the property for 162,400 euros. This price includes no notary fees or real estate agent commission. The property is being auctioned by the local courthouse, and it is featured in the monthly newsletter of the affordable property auction catalog. The telephone number provided for more information is 0221-97459790. For those interested in living in the area, Peine is a middle-class town in Lower Saxony with approximately 55,000 residents. The property offers space for a family, but a significant amount of work will need to be invested to bring it up to more current standards. The town is situated near Hannover and has good transportation links, making it an attractive option for many potential buyers.