House for rent in Wallenhorst - Niedersachsen, Germany

• Bad 2
• Bad Wanne, Fenster
• Boden Fliesen, Parkett
• Balkone 1
• Garten
• Keller

Property Description: This two-family house was built in approximately 1963 on a 1,001 m² leasehold land. The ground rent is currently about 245 euros per quarter (approximately 980 euros per year) and the leasehold contract is for a total of 99 years, expiring on October 1, 2056. The house is in need of renovation and consists of two residential units. The ground floor has a living area of approximately 72 m². The daylight bathroom, dating back to construction year, features a bathtub. The kitchen and dining room are spacious and have access to the covered west-facing terrace. There are two bedrooms and a large living room with approximately 28.66 m² of living space on the ground floor. The upper floor has a total living area of approximately 65 m². In addition to the children's and master bedroom, a small study has been partitioned off from the living room. The living room has access to a balcony facing south. The bathroom, also dating back to construction year, is equipped with a bathtub. The tenancy agreement has been terminated by September 30, 2024. The attic is accessible via the attic staircase in the hallway and is fully insulated. The entire house has a full basement. The basement, including a laundry room, party room, and additional parking space, is accessible from the garden via an external entrance. The heating room features a gas heating system from 2003. Please note the remaining term of the leasehold contract as well as the conditions for taking out a loan in connection with the security in the leasehold land register. We recommend contacting our financiers or your financier before viewing the property. Price thoughts: The property, with its two residential units and spacious living areas, offers great potential for renovation and customization. The leasehold terms should be carefully considered along with the opportunity for future development. At a price of 169,000 euros, this property presents a valuable investment opportunity in a desirable location in Niedersachsen.