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House for sale in Much, Germany

460 000€

53804 Much

Property description

From a buyer's perspective, this property offers 324 sqm of living space with a variety of configurations. It is located in a desirable neighborhood with a 460,000€ price tag. The property features a two-family home with an apartment in the basement, making it ideal for income generation through rental or expansion possibilities. It has three bedrooms, three bathrooms, and a good layout. The property includes a two-car garage, outdoor space, and a garden, which is a definite plus for families or those who enjoy spending time outdoors. However, there are some drawbacks to consider. The property was built in 1981, and there may be some maintenance issues or outdated features that will require investment. Additionally, the gas central heating system needs repair, and there are indications of inadequate insulation and a malfunctioning heating plant. As an investment, the property may require some work to increase its value, which could potentially lock up capital for a period while the necessary upgrades are completed. However, with proper maintenance and improvements, the property could appreciate in value. The property is listed at 460,000€, with an estimated market value, taking into account the needed repairs, at 322,000€. This represents a potential 30% savings for the buyer. From a lifestyle perspective, the property offers a good amount of space and flexibility for individual buyers or families. Its location in Much is close to amenities and offers good transportation links. The property's features, such as the garden, outdoor terrace, and nearby parks, make it an attractive option for those who appreciate outdoor living. Overall, this property presents a good investment opportunity for those willing to perform necessary renovations and updates. It offers potential for generating income through rental or expansion and has a good layout and location. While it does have some drawbacks related to its age and condition, with careful consideration and planning, it could be a good investment and lifestyle purchase. Also, the property's price makes it an attractive option in the current market.

Location

53804 Much

Date added: 24.07.2024

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