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House for sale in Wipperfurth, Germany

333 000€

51688 Wipperfürth

Property description

Property description A single-family semi-detached house with a separate apartment spread over two floors, including a basement, attic, and loft. The total living space is 178 square meters, complemented by a garage with an attached shed and a garden house. Built in 1997, the property features a layout that includes: In the basement (apartment), there is a hallway, a bedroom, a shower room/WC, a storage room, and a living/dining room with an open kitchen (46.06 sqm); On the ground floor, there is an entrance hall, a hallway, a guest WC, a bedroom, a bathroom/WC, a kitchen with dining area, a living room, a winter garden, and a terrace. The attic has a hallway, three children's rooms, and a bathroom/WC. The converted attic includes a studio and the boiler room with a total area of 131.84 square meters. Heating and hot water are provided by a gas boiler, which is currently not functioning. The loft conversion was carried out without permission. There is a need for renovation in all interior spaces, and additional restoration work is required. As an experienced real estate agent, I would say that the property's price of 333,000 EUR may be considered high given the need for renovations and repairs. However, there is an opportunity to potentially secure a 30% discount on the market value, reducing the price to 233,100 EUR. Additionally, the absence of notary fees and agent commission can be appealing to potential buyers. Overall, with some investment in renovation and repairs, this property could turn into a valuable investment opportunity.

Location

51688 Wipperfürth

Date added: 21.09.2024

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