House for sale in Essen, Germany

Property Description: Single-family house in half-timbered style, single-storey with partial basement and converted attic. It has a living space of 202 m² as well as a single-storey extension, which was formerly used as a stable and is now used as a storage room, laundry room, and bathroom, with a total usable area of 109 m². Two garages, a former forge with 58 m² of usable area, and a wooden shed complete the property. The building dates back to 1832, with the extension added in 1952. The layout includes on the ground floor a hallway, a room, a kitchen, and a living room, while the attic has a hallway, a bathroom, a separate toilet, and four additional rooms, as well as another bathroom/toilet. The heating is likely provided by an oil heating system, with an additional Swedish stove. The rear part of the attic of the house has also been converted, but no building permit was found for it. These rooms may only be used as hobby or storage rooms and not as living spaces. The house is in need of extensive renovation with outdated fixtures. The forge is in a dilapidated state, and a complete interior inspection was only partially possible. Thoughts on Price: The property is being offered at a listed price of 620,000 EUR, which includes potential savings of up to 30% off the market value, bringing the cost down to 434,000 EUR. Additionally, there are no notary fees or agent commission involved in this transaction. The price reflects the current condition of the property and the potential for renovation and improvement. The historical charm and unique features of the house present an opportunity for a buyer with a vision to restore this property to its former glory. If you have any further questions or would like to schedule a viewing, please contact us at the provided phone number. This property is being auctioned by the respective district court.