House for sale in Gelsenkirchen, Germany

Property Description A semi-detached house perfect for a family, consisting of a single-family house with one floor and a converted attic. The living space is 75 m², with an additional 10 m² of usable living space in the attic. The house features a covered terrace and was originally built in 1920, but visually renovated in 1979. The layout includes: ground floor - entrance area, bathroom, kitchen, living room, and hallway to the back exit; attic - hallway and 2 bedrooms. The house has been rented out since February 2021, with a monthly gross cold rent of 850.00 €. Heating is provided by an electronically controlled central heating system. The condition of the house is mostly contemporary, but there is a need for some investment. It has been found that there are no approval documents for the conversion of the attic. It is assumed that the conversion was done without permission and that obtaining retroactive approval is likely not possible. Building authority procedures are currently underway as a parking space and a terrace structure were illegally built. Price Thoughts The property is being auctioned by the competent district court with a market value of 180,000.00 EUR. It is possible to secure a discount of up to 30% on the market value, making the purchase price for this property only 126,000.00 EUR. In addition, notary fees and agency commission are waived. This property is just one of the many interesting properties we offer in our affordable monthly real estate auction catalog. Contact us now to get more information and acquire your desired property affordably.