House for rent in Arnsberg, Germany

• Keller

This property description highlights the following details: * Location: The property is located in Arnsberg, Germany, which is a popular and affluent area with a strong local economy and a great range of amenities, such as schools, shops, and recreational facilities. * Type & Size: The property is a semi-detached house with 550m² of usable floor space. The living space is around 210m² spread over one level, which means it is suitable for people with mobility issues. The older construction of the house, circa 1972, suggests it has withstood the test of time and could be an excellent investment opportunity. * Condition: The roof has been renovated, which is a good sign for the overall condition of the property. However, it states that there may be future expenditure related to further renovations, but there's no specific information provided about the potential costs. The basement is fully developed with around 310m² of storage space. It also includes a garage and three storage rooms. * Further Improvements: The storage rooms were built in 1968, 1975, and 1983, which implies their good condition as they also have fallen into place over time. * Needs & Risks: The yard space appears to be untended and overgrown, which could present some maintenance challenges and may deter potential buyers. It might also suggest a neglect issue in the property, which may require subsequent investment. * Price: The asking price of 255,000€ for this property seems quite affordable for the location and size, especially if it's in a good condition, making it a potentially attractive investment. From an investment perspective, consideration should be given to the potential unseen costs of renovation, the condition of the yard space, and the attractiveness of the property to the local market. As a lifestyle purchase, the large living space and garage facilities would be suitable for individuals or families who value space and versatility, but the yard's condition may need significant attention. Overall, considering the listed assets, potential drawbacks, and the affordable price, the property could represent a good investment opportunity and a desirable lifestyle purchase.