House for sale in Eime, Germany

Property Description: The single-family house has one floor and a basement and was built in 1956. It has a living area of 150 m² and features an attic as well as an extension. The extension is also single-story and has a basement. The property also includes a garage and outbuildings, including a garden tool room and another garage. The living area has been partially modernized up until 2010. The layout includes on the ground floor a hallway, 3 rooms, a bathroom with toilet, and a kitchen with dining area. In the attic, there is a hallway, 3½ rooms, another kitchen, and another bathroom with toilet. A room in the attic, located behind the kitchen, is designed as a captive room. The heating is provided by an oil central heating system, which has not been in operation for several years. The entire house is uninhabitable due to its neglected and dirty condition. The interior needs to be renovated urgently. Additionally, there are vandalism damages present. Price Thoughts: The property is being auctioned by the local court with a market value of 150,000.00 EUR. There is a potential discount of 30% on the market value, bringing the price down to 105,000.00 EUR, without notary fees or agent commission. Although the property requires significant renovation and repairs, the potential discount and the size of the property make it a promising investment opportunity for those looking to add value through renovations.