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House for sale in Bad Oldesloe, Germany
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House for sale in Bad Oldesloe, Germany

410 000€

23843 Bad Oldesloe

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Expected Rent:

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Property description

Property description: A single-family house located on a sloping hillside, one story with no basement, featuring an attic with a living area of 147.5 sqm. Built in 2004. Additionally, there is a wooden garden house. The layout consists of the following rooms: On the ground floor, there are a hallway, guest toilet, utility room, bedroom (hobby room), kitchen, and living/dining room. The attic includes a hallway, a bedroom, a bathroom, 2 children's rooms, and a storage room. The attic has been converted but does not meet the minimum height requirements to be considered living space according to building regulations. An interior viewing was not possible. There are visible construction defects and a backlog of maintenance is required. Price thoughts: The property is listed for sale at 410,000.00 EUR, but there is the possibility of securing a 30% discount on the market value, bringing the price down to only 287,000.00 EUR. Additionally, notary fees and broker commissions are waived. This property presents an opportunity for potential buyers to acquire at a discounted price and potentially renovate to increase its value.

Location

23843 Bad Oldesloe

Date added: 23.09.2024

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