House for sale in Neunkirchen-Seelscheid, Germany

From a buyer's perspective, this property located in 53819 Neunkirchen-Seelscheid is a 170,000€ two-story house with a partial basement, offering a total living space of 135 sqm and a useful area of 56 sqm. The property also includes a one-story annex without a basement, and a separate building with three garages and two storage rooms, offering a total useful area facility of 85 sqm. The house was likely built before 1900, with extensions in 1962 and 1983/84. A modernization took place in 1984 (windows) and 2018 (bathroom in the ground floor and heating). The property needs considerable maintenance and improvements. The room layout includes a hallway, a bedroom, a bathroom with WC, a kids' room, a kitchen, a living/dining room, and a former guest house area on the ground floor. The second floor consists of a hall, two kids' rooms, a bathroom with WC, and a veranda. Heating is provided by a central gas boiler with an additional solid fuel stove in the living room. Hot water is supplied by an electric circulating heater. With a stated property value of 170,000€, the buyer can potentially save 30% on the market value, bringing the effective purchase price to 119,000€. This includes notary costs and brokerage fees. This property is being auctioned by the local court. As an investment, the property requires significant renovation and modernization, which may raise concerns for some potential buyers. However, with a proper renovation, it has the potential to appreciate in value. As a lifestyle purchase, the property offers a spacious living area, however, potential buyers should be prepared for the renovation and maintenance work required. The auction catalog states that this property is one of many interesting properties featured in their monthly, affordable auction catalog. Interested buyers can contact the number provided for more information.