House for sale in Eßbach, Germany

Property Description This detached single-family house built in timber frame construction by the company ORBA Orlamünde comprises one floor, a basement, and a converted attic with a living space of 132 square meters and a usable area of 65 square meters. In addition, it features a double garage with an annex, a storage building, a kennel, a greenhouse, a covered area for storing wood, and a pond. The house was built in 1999/2000, while the garage was constructed in 2000. The layout of the rooms is as follows: in the basement, there is a hallway, two cellar rooms, the boiler room, and a hobby room totaling 65.96 square meters. On the ground floor, there is an entrance hall, a hallway, a shower room/toilet, a bedroom, a pantry, a kitchen, a living room, and a terrace totaling 70.73 square meters. In the attic, there is a hallway, a bedroom, a bathroom/toilet, two children's rooms, and a balcony totaling 61.31 square meters. The building has an oil central heating system and a wood-fired central heating system. The hot water supply is provided by a heat exchanger and a flow heater. Maintenance work has been carried out regularly in the past but has been neglected recently. The residential property will require modernization measures in the foreseeable future. Price Thoughts The property is currently listed for sale at a price of 238,100 euros, which includes the auction value. However, there is a possibility to secure a 30% discount on the auction value, bringing the cost down to 166,670 euros. This discounted price, along with the waiver of notary costs and agency fees, presents a potentially attractive investment opportunity for interested buyers. Given the size of the property and the additional features such as the double garage and greenhouse, the listed price reflects the potential value that this property offers. With the need for some modernization work in the future, buyers should consider the overall value proposition of this property in light of its listed price.