house for sale in Schiederchwalenberg, Germany

Buyer Perspective: This property is a semi-detached house with a total living area of 150 square meters and a usable area of 74 square meters. It has a balcony, terrace, garden, smallLoggia, two garages, and parking with three stalls and storage. The house was built in 1959, and the garages were added in 1962. The interior layout consists of a basement with a hallway, two cellars, a boiler room, and a laundry room. On the ground floor, there's a hallway, a storage room, a bathroom, a kitchen, a dining room, a living room, and a bedroom. The upper floor has a hallway, a bathroom, a kitchen, an apartment with a bathroom and shower, two bedrooms, and a living room. The units are heated by gas-fired radiators, with each room having its own heating system. There have been some issues discovered, including moisture damage on the exterior walls in the basement area, a crack in the wall of the extension, worn-out flooring, missing handrails, and damaged roof tiles. The property is being sold in perpetual ownership and has a remaining lease of 35 years until December 2058. The property is in need of renovation due to the identified issues, so you may need to factor in the cost of repairs. Nevertheless, this gem has potential to lay out its charm once restored. Its location might attract potential buyers looking for a retreat with garden space, maintenance-free rooms, and nearby amenities all year round. Investment Values: The total estimated value of the property is 100,000 Euros. As a renovation project, it is reasonable to expect an approximate 30% discount on the current valuation. That means you can purchase this property at a more affordable price, keeping in mind the potential additional costs for renovation and repairs. The property being part of an auction and advertised in a cost-effective Real Estate Catalogue can be advantageous for buyers. This enables prospective buyers to explore other similar properties within the catalog, making it easier to secure your choice and potentially get a deal at an affordable cost. Property Summary: A semi-detached house for sale at a reasonable price, with good potential for renovation and allowing for a mix of both investment and lifestyle purchases. However, the estate's online description does advise of some essential repairs being required. This may be a good opportunity for a Buyer, but factor in time and budget considering the possible renovation costs.