House for sale in Gehrweiler, Germany

Property Description A single-family house with one floor, partially basement and with a converted attic. It has a living area of 193 m² and an attached garage. The exact year of construction is not known, but the addition dates back to 1900. The layout includes on the ground floor an entrance hall, hallway, storage room, bathroom, bedroom, kitchen, dining room, and living room. In the attic, there are hallways, storage rooms, a bathroom, three bedrooms, a kitchen with dining area, and a living room. The heating is provided by an electric night storage heater (not in all rooms) and individual stoves, while hot water is supplied by an electric instant water heater and boiler. Significant defects and damages have been identified, particularly severe water damage with pronounced mold growth. Comprehensive renovation is urgently required. Price Thoughts The property is being auctioned by the local district court with a market value of 78,000.00 EUR. There is a potential discount of up to 30% on the market value, allowing you to acquire the property for only 54,600.00 EUR. Additionally, notary fees and agency commissions are waived. This property presents a great opportunity for someone willing to invest in renovating and restoring it to its full potential. Contact us for more information and to learn about other properties available in our monthly real estate auction catalog.