house for sale in Uetersen, Germany

From a buyer's perspective, this property is a 1-story, 96m² double-family home with an additional 1-story flat-roofed annex, both built in the 1950s. The annex, which came later in the mid-1960s, is also part of the estate. It has 17 m² of living space and is not to be confused with the main building, which has an estimated livable space of 79 m². The property comes with a paint supplied shed (around 13 m²). The house and ancillary building were constructed around the same period, though the annex was later addendum. Regrettably, access to the inside was not granted during the viewing, but the exterior appearance seems to suggest a needed modernization and maintenance process. As the property is leasehold, it remains tied to the landlords until 2048. Should you wish to visit the property or get more information, please reach our customer service from Monday to Friday, 8:00 to 20:00 hours or Saturday/Sunday, 10:00 to 18:00 hours for a call on 0221-97459790. This house is being auctioned by the local court, and the estimated market value is 127,000 EUR. However, you could potentially secure a 30% discount on the same, making the final payment for this property around 88,900 EUR, excluding notary fees and brokerage. This property is a part of our monthly, cost-effective property catalogue that promises affordable deals. Get access to this information and buy your dream house at a bargain price with us today! The property is based in Uetersen, a town in Germany. This area presents an excellent lifestyle opportunity, with local shops and community life adding to the sentimental and leisure value of this acquisition. For investment purposes, considering the area and the property's need for modernization and maintenance, it may be challenging to estimate the future revenue and ROI. As a lifestyle purchase, though, the property promises an affordable connection to a close-knit community, leisure activities, and access to local amenities. The discounted price may attract potential buyers who wish to live closer to these amenities not only for the fantastic price but also for the sensibly low living costs. The relatively small property size might also suit buyers who prefer a cozier and lower maintenance living situation. However, the risks of buying into a leasehold estate might put some potential buyers off. Additionally, the need for immediate renovation poses capital-duties restrictions, ensuring the finances for essential upgrades like interior finishing and securing a OEPS-certification (Oberen Energie- und Wasserpreisstufenüberprüfungs-Maßgröße/ Upper Energy and Water Price-Level Standard), so that the property meets safety and sustainability regulations. As the inside of the house was not visible, prospective buyers cannot accurately assess the extent of renovations needed, contributing to buying uncertainties in the long run.