House for sale in Bitterfeld-Wolfen, Germany

Property Description: A detached single-family house with one level and a basement, a converted attic, and a living space of 160 sqm. Additionally, the property features a side building for extended living space, a patio, a double garage, an outbuilding with a rabbit hutch, and a house garden. The main building was built around 1930, the side building dates back to the 1970s, and some renovations have been carried out between 1992 and 2016. The layout on the ground floor includes a hallway, a guest toilet, a home office, a bathroom with toilet, a dining room, a kitchen, and a living room totaling 111.88 sqm. Upstairs, there is a hallway and three children's rooms with a total area of 48.52 sqm. Unused since 2022. Heating and hot water are provided by a natural gas central heating system from 1994/95, along with a solid fuel fireplace in the living room. The property is easily accessible. The overall condition of the building can be described as poor to inadequate. Price Thoughts: The listed price of 94,000 EUR may seem high considering the condition of the property and the need for renovations. However, there is potential for negotiation as the property is being auctioned, and a potential discount of up to 30% off the market value could bring the price down to 65,800 EUR, making it a more attractive investment opportunity. Keep in mind that additional costs such as notary fees and agent commissions are waived in this case, making it a potentially cost-effective purchase for those willing to put in the effort to restore and improve the property.