Property description: This end-row house was built around 1970 and consists of 1 floor with a living space of 474m². The property is fully basemented, however, it is in need of some maintenance work. At the time of valuation, the property was not in use and therefore no interior viewings were possible.

Thoughts on price: The listed price of 734.000€ seems reasonable considering the size of the property and its potential. However, the starting maintenance backlog may require additional investment, which should be taken into account when considering the overall value of the property.

Objektbeschreibung                          Reihenendhaus, Baujahr: ca. 1970, 1  Etage(n), Wohnfläche: 474m², Keller/vollunterkellert, beginnender Instandhaltungsstau, keine Innenbesichtigung, zum Zeitpunkt der Wertermittlung ungenutzt

House for sale in Gelsenkirchen, Germany

Property Description
A semi-detached house ideal for a family, consisting of a single-family home with one floor and a converted attic. The living area 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 has been renovated in a fictional representation in 1979. The layout includes: ground floor - entrance area, bathroom, kitchen, living room, and hallway to the rear 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 suspected that the conversion was done without permission and obtaining retroactive approval is likely not possible. Building authority proceedings are currently underway as a parking space and a terrace cover were illegally constructed.

Price Thoughts
The listed price for this property is 180,000.00 EUR, however, there is an opportunity to potentially secure a 30% discount on the market value, reducing the cost to 126,000.00 EUR. Additionally, notary fees and agency commission are waived. This property is being auctioned at the local district court, offering a chance to acquire it at a discounted rate. This property presents an interesting opportunity for buyers looking to invest in a property with potential for improvements.

Objektbeschreibung                          Eine Doppelhaushälfte für eine Familie, bestehend aus einem Einfamilienhaus mit einem Stockwerk und ausgebautem Dachgeschoss. Die Wohnfläche beträgt 75 m², zusätzlich gibt es 10 m² an nutzbarer Wohnfläche im Spitzboden. Das Haus verfügt über eine überdachte Terrasse und wurde ursprünglich im Jahr 1920 erbaut, aber in der fiktiven Darstellung 1979 renoviert. Die Raumaufteilung gliedert sich in: Erdgeschoss - Eingangsbereich, Badezimmer, Küche, Wohnzimmer und Flur zum Hinterausgang; Dachgeschoss - Flur und 2 Schlafzimmer.Das Haus ist seit Februar 2021 vermietet. Die monatliche Bruttokaltmiete beträgt 850,00 €. Die Beheizung erfolgt durch eine elektronisch gesteuerte Zentralheizung. Der Zustand des Hauses ist größtenteils zeitgemäß, es besteht jedoch ein gewisser Investitionsbedarf. Es wurde festgestellt, dass keine Genehmigungsunterlagen für den Ausbau des Spitzbodens vorliegen. Es wird vermutet, dass der Ausbau ohne Genehmigung erfolgt ist und eine nachträgliche Genehmigung wahrscheinlich nicht möglich ist. Baubehördliche Verfahren sind derzeit im Gange, da ein Stellplatz und eine Terrassenüberdachung illegal errichtet wurden.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 180.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 126.000,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

Property Description
This property is a residential and commercial building with 23 apartments and one commercial unit. The building is 7 stories high, with a basement and a flat roof. The living spaces of the 23 apartments range from 48 to 112 square meters, totaling 1,730 square meters. The total usable area is 606 square meters. Additionally, the building has balconies, terraces, and 13 underground parking spaces. It was built in 1975. The heating is provided by a district heating central heating system, and hot water is supplied by an electric instantaneous water heater. At the time of valuation, most of the apartments were rented, and not all units could be viewed. Access to the underground garage and the delivery to the commercial unit on the ground floor is via another property, which means that this use is not contractually guaranteed. Various impairments have been made, including due to fire damage in the commercial unit. There are indications that no renovation work has been carried out so far. The land register shows a registered occupancy right and a land charge of €750,000 plus 15% annual interest at the time of the proceedings on 19.09.2024, which a potential buyer would have to assume in accordance with the legal auction conditions.

Price Thoughts
The property is currently listed at €1,690,000. However, there is an opportunity to secure a 30% discount on the market value, bringing the price down to just €1,183,000. This price reduction, along with the waiver of notary fees and agency commissions, makes this property a great investment opportunity. It's important to consider the potential challenges and additional costs associated with the property, such as the ongoing land charge and the need for renovations. Overall, with the potential discount and the unique features of the property, it could be a worthwhile investment for the right buyer.

Objektbeschreibung                          Es handelt sich um ein Wohn- und Geschäftshaus mit 23 Wohnungen und einer Gewerbeeinheit. Das Gebäude ist 7-stöckig, unterkellert und verfügt über ein Flachdach. Die Wohnflächen der 23 Wohnungen variieren zwischen 48 und 112 m², insgesamt beträgt die Wohnfläche 1.730 m². Die Nutzfläche beträgt insgesamt 606 m². Zudem verfügt das Gebäude über Balkone, Terrassen und 13 Tiefgaragenstellplätze. Es wurde im Jahr 1975 erbaut.Die Beheizung erfolgt über eine Fernwärme-Zentralheizung, und für Warmwasser sorgt ein Elektro-Durchlauferhitzer. Zum Zeitpunkt der Wertermittlung waren die meisten Wohnungen vermietet, und nicht alle Einheiten konnten besichtigt werden. Die Zufahrt zur Tiefgarage und die Anlieferung zur Gewerbeeinheit im Erdgeschoss erfolgen über ein anderes Grundstück, was bedeutet, dass diese Nutzung nicht vertraglich gesichert ist. Es wurden verschiedene Wertminderungen vorgenommen, darunter auch aufgrund eines Brandschadens in der Gewerbeeinheit. Es gibt Hinweise darauf, dass bisher keine Renovierungsarbeiten durchgeführt wurden. Im Grundbuch sind ein eingetragenes Wohnungsbesetzungsrecht sowie eine Grundschuld in Höhe von 750.000 € zuzüglich 15 % Jahreszinsen zum Zeitpunkt des Verfahrens am 19.09.2024 vermerkt, die ein potenzieller Käufer übernehmen müsste gemäß den gesetzlichen Versteigerungsbedingungen.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 1.690.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 1.183.000,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

Property description:
This charming end-of-terrace house, built before 1926, is spread over two floors with a living space of 79m². The property includes a basement, garage, additional extension, and garden house. Please note that there are no internal viewings available as the property is owner-occupied at the time of valuation.

Thoughts on price:
The property is attractively priced at 149.000€ considering its age, size, and additional features such as the garage and garden house. It presents a great opportunity for a buyer looking for a cozy home with potential for further customization and improvements.

Objektbeschreibung                          Reihenendhaus, Baujahr: vor 1926, 2 Etage(n), Wohnfläche: 79m², Keller, Garage vorhanden, mit Anbau und Gartenhaus, keine Innenbesichtigung, zum Zeitpunkt der Wertermittlung eigen genutzt

Property Description: 

This residential and commercial building in Gelsenkirchen consists of 23 apartments and one commercial unit. The 7-story building has a basement and a flat roof. The living spaces of the 23 apartments range from 48 to 112 m², with a total living area of 1,730 m². The total usable area is 606 m². Additionally, the building features balconies, terraces, and 13 underground parking spaces. It was built in 1975 and is heated by a district heating central heating system, with hot water provided by an electric instantaneous water heater. At the time of valuation, most of the apartments were rented, and not all units could be viewed. Access to the underground garage and delivery to the ground floor commercial unit is through another property, which means this usage is not contractually guaranteed. Various impairments have been made, including due to fire damage in the commercial unit. There are indications that no renovation work has been carried out. The land register shows a registered right of occupancy for the apartments and a mortgage of 750,000€ plus 15% annual interest at the time of the proceedings on 19.09.2024, which a potential buyer would have to take over in accordance with the legal auction conditions. 

Price Thoughts:
The asking price for this property is 1,690,000€, however, there is a possibility of securing a 30% discount on the appraised value, making the final price only 1,183,000€. This discount also includes the waiver of notary fees and agent commission. This property offers a unique opportunity for potential buyers to acquire a sizeable building with both residential and commercial units at a discounted price. 

This property is one of many interesting listings featured in our monthly real estate auction catalog. Contact us for more information on how to purchase your desired property at a discounted rate.

Property Description:
This property is a residential and commercial building with 23 apartments and one commercial unit. The building is 7 stories high, basement included, and has a flat roof. The living spaces of the 23 apartments range from 48 to 112 m², with a total living area of 1,730 m². The total usable area is 606 m². Additionally, the building has balconies, terraces, and 13 underground parking spaces. It was built in 1975. The heating is provided by a district heating central heating system, and hot water is supplied by an electric instantaneous water heater. At the time of the valuation, most of the apartments were rented out, and not all units could be viewed. Access to the underground garage and the delivery to the commercial unit on the ground floor is through a different property, which means that this use is not contractually secured. Various impairments have been made, including due to fire damage in the commercial unit. There are indications that no renovation work has been carried out so far. The land register shows a registered right of occupancy and a land charge of €750,000 plus 15% annual interest at the time of the proceedings on 19.09.2024, which a potential buyer would have to take over in accordance with the legal auction conditions.

Price Thoughts:
The property is currently listed at a price of 1.690.000€. However, there is a possibility to secure a 30% discount on the market value, bringing the cost down to 1.183.000€. This could make the property a more attractive investment opportunity for potential buyers. Additionally, the property is being auctioned by the relevant district court, which may present an opportunity for a good deal. It's important to consider the potential renovation and legal obligations associated with the property before making a purchase decision.

House for sale in Gelsenkirchen, Germany

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