House for sale in Extertal, Germany

Property Description: This two-family house in Extertal offers two floors, a fully finished basement, and an attic with a total living space of 175 square meters. Additionally, the property includes a garage and a former stable building. The main house was built in 1962, with the garage added in 1967. The layout of the property is as follows: on the ground floor, you will find a hallway, a bedroom, a storage room, two children's rooms, and a bathroom with a toilet. Upstairs, there is another hallway, a bedroom, a bathroom with a toilet, a kitchen, and a living room. The attic features a hallway, two rooms, an office, and two storage rooms. The heating and hot water supply are provided by an oil central heating system. During the viewing, only the hallway and one room on the ground floor could be inspected. No significant modernizations or maintenance measures have been carried out in the last 15 years, and there are visible construction defects. The construction of a room with a toilet in the attic did not adhere to the building permit requirements. A comprehensive road renovation, including infrastructure improvements, is expected in 2024/2025, leading to additional costs. Price Thoughts: The property has a current market value of 94,000 EUR but is being offered at a discounted price of 65,800 EUR. This presents a significant opportunity for potential buyers to acquire the property at a lower cost. Additionally, there are no notary fees or agency commissions to be paid, making it a more affordable investment option. Overall, this property may require some renovations and updates, but with the potential for a 30% discount on the asking price, it could be a worthwhile investment for the right buyer. Contact us for more information on this listing and other similar properties available through our monthly real estate auction catalog.