house for sale in Arnsberg - Nordrhein-Westfalen, Germany

From a buyer's perspective, this renovated 1967 bungalow, located on the Mühlenberg in Arnsberg, Nordrhein-Westfalen, is an excellent investment opportunity. The property offers 152 m² of living space with two separate living quarters, making it suitable for multi-generational living or as a rental property. The layout is appealing, offering a 3-room apartment with an open living/dining area, and a spacious 2-room apartment, providing flexible living options. Investing in renovations could result in a personal paradise as the property features a lovely garden with a magnificent view. The current asking price is 239,000€. A possible financing option allows you to secure up to 90% of the purchase price. A ground lease is in place, and the current annual rent is 1,236.46€. The remaining ground lease term has a 60-year duration. Investing-wise, the property can offer good returns in the medium to long term. It has great location potential with a large living area and various usage possibilities. It can serve as a family home with multiple income streams or as a strong rental investment opportunity appealing to tenants, particularly those who appreciate the attractive location and view. Lifestyle-wise, living in this bungalow provides direct access to the beautiful outdoors yet, with its modern amenities, it also offers a comfortable, cozy and spacious living environment. The property's optimal position takes advantage of the breathtaking views and the location on a ridge makes it a welcoming retreat far from the humdrum of urban life. With the option to invest in renovations, the property can fit your needs precisely, offering a combination of a lifestyle and investment that could provide much happiness and satisfaction.