House for sale in Essen, Germany

Description of the property from a buyer's perspective: This 99 m² double-sided, two-story house, including a basement, is located at 45307 Essen. The property features a rear two-story annex, a covered terrace, a shed, and a former dovecote in the garden. The house was constructed in 1921 and includes the following layout: * The basement consists of a hallway, a laundry room, and the boiler room. * The ground floor offers a hallway, an open-plan living room connected to the kitchen (via a hallway), a dining room, and a bathroom. * The first floor includes a hallway, two bedrooms, an office (used as a hallway), and a second bathroom. The heating is provided by a gas-fired central heating system from the 1980s, with a radiator in the ground floor bathroom. Several issues need to be addressed, such as the lack of insulation and cornering at the side facade of the annex, faded paint at the outside windows, damage to the rooftop beams, a low ceiling height in the cellar (1.60 m to 1.80 m), and a damp basement due to heavy rain, which results in stains and moisture on the floor. Additionally, the roller blinds are not functioning. The property is being auctioned at the local court, with a current bid price of 320,000€. Please call us for further information at the provided phone number, from Monday to Friday 8:00 - 20:00, and on weekends 10:00 - 18:00. As an investment opportunity, the estimated property value is 320,000€. Please secure a 30% discount on the asking price, which translates to a total payment of 224,000€ for this property. Legal fees and broker commission are not included. You can find this and other properties in our monthly, cost-effective IMMOBILIENVERSTEIGERUNGS-KATALOGES. Please contact us at the given telephone number to secure your spot and receive more information on how to purchase this property at a discounted price.