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house for sale in Arnsberg, Germany

255 000€

59757 Arnsberg

Features

  • Keller

Property description

Objektbeschreibung Einfamilienhaus, Baujahr: ca. 1972, Erbbaurecht liegt vor, Dachgeschoß ausgebaut, Wohnfläche: 210m², Nutzfläche: 550m², Keller/vollunterkellert, Garage vorhanden, sowie drei Lagerhallen (Baujahre ca. 1968, 1975, 1983), es fallen zukünftig noch Erschließungskosten in unbekannter Höhe an, Freiflächen sind ungepflegt und verwildert

Property summary

From a buyer's perspective, this property is a 210m² two-story detached house with a total usable area of 550m², featuring a basement and a garage along with adjoining storage facilities. The house was constructed in 1972 and has been partially updated with a loft conversion. However, the property has some deficiencies on the freely developable land, and additional development costs are anticipated but remain uncertain. The price of the property is 255,000€, located at 59757 Arnsberg, a medium-sized town in Westphalia, Germany. As an investment, the property's value may be hindered by the additional development costs, and it's difficult to assess the exact return on investment with incomplete information. However, the meantime occupancy, a key metric for real estate investors, is low, and there is room for potential value appreciation in the medium term if the land can be developed further and the property maintained or renovated. For lifestyle buyers, the property offers the opportunity for privacy, and the potential development of the land may bring more value to the home and attract a wider pool of buyers in the future. Ultimately, a lifestyle buyer with additional funds to invest in development or who is in the market for a private paradise might find this property appealing, while an investor may need more information and clarification before committing.

Location

59757 Arnsberg

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