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House for sale in Wermelskirchen, Germany

313 000€

42929 Wermelskirchen

Property description

From a buyer's perspective, this property offers 120 m² of living space with 3 bedrooms, 2 bathrooms, and a kitchen in a semi-detached house with a cellar. Some of the key features include a winter garden, terrace, and a small garden. The property has been modernized in the years 2000-2010 which should appeal to potential buyers. However, it may require some renovation and repairs due to minor faults and damage. For real estate investment purposes, this property offers a potential return due to its affordable price of 313,000€ (approximately 219,100€ after estimated discounts) in a good location (Wermelskirchen). This may be an excellent opportunity for those looking to invest, as the estimated discount percentage of 30% seems significant. Furthermore, the property is advertised in an affordable catalog which may attract more potential buyers. However, be mindful that there are some issues with the property such as a lack of building permits for the winter garden, and the top floor is not fully utilized and requires further approval. Investing in this property may require additional costs and efforts to fully utilize the potential of this 120 m² living space. In terms of a lifestyle investment, the property offers a homely atmosphere with adequate living space complete with a kitchen, bedrooms, bathrooms, and additional spaces like a hobby room. The outdoor space like the winter garden, terrace, and small garden can be a big plus for those who value outdoor living. Though the property requires some renovation work, it still presents a cozy living environment in a good location. Overall, from a lifestyle perspective, this property can be a good investment for those who can visualize the potential and are willing to put in the work.

Location

42929 Wermelskirchen

Date added: 24.07.2024

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