house for sale in Bad Salzuflen, Germany

Description: This is a two-story, multi-family home with two apartments and two duplexes. The building has a basement and a flat roof. The living space ranges from 19 to 58 square meters per unit, providing a total of 133.86 square meters of living space. The house was built in 1974 as a Pension and was converted for residential use in 2009. Balconies are also included with the property. The heating is provided by a gas boiler in an unoccupied and unused building, where extensive repair work was needed. A detailed analysis of the repairs and damage was not possible due to the absence of an interior inspection. The basement is partially accessible at ground level due to the property's slope. The current access route is not secure due to a land use investigation. An alternative access path through fields 721 and 718 is currently not passable due to vegetation obstructions, and it may require a variance approval. This issue can be reported to the authorities, but there is no obligation for them to intervene. Due to this unclear legal situation, a 15% discount has been applied to the property. Contact us for more information at the given phone number (0221-97459790) from Monday to Friday 8 am to 8 pm and Saturday/Sunday 10 am to 6 pm. This property is being auctioned at the district court. Estimated market value: 25,000 EUR. Secure a 30% discount on the market value and pay 17,500 EUR for this property, excluding notary fees and real estate agent commission. Buyers interested in this property can find more information in their monthly, cost-effective property auction catalogs. Contact details: phone number 0221-97459790. Estimated Property Value for Real Estate Investment: The estimated market value of 25,000 EUR is already a bargain price due to the property's location and potential rental income. A 30% discount reduces the cost further to 17,500 EUR, making it a fantastic investment opportunity. Estimated Lifestyle Purchase Value: This property offers separate living spaces and would make an excellent investment for someone looking for a residence with income potential. The semi-detached style and scenic location provide a cozy atmosphere, and the existing rental income could offset the cost of ownership. However, potential buyers should be aware of the property's legal situation and the potential for additional costs for repairs and improvements.