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House for sale in Grosselfingen, Germany
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House for sale in Grosselfingen, Germany

390 000€

72415 Grosselfingen

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Price Difference:

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Expected Rent:

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Property description

Property Description Single-family house with one floor, basement, and partially converted attic, with a living area of 162.14 m², as well as a double garage with 29.98 m² of usable space. The house was built in 1986. Additionally, an undeveloped plot of land is also being auctioned. The layout includes on the ground floor: entrance area, storage room, foyer, wardrobe, guest toilet, bedroom, bathroom with toilet, dining room, kitchen, living room, and a covered terrace. The attic floor features a hallway, 2 children's rooms, a bathroom with toilet, and a loggia. Heating is provided by an oil central heating system from 2009, supplemented by a tiled stove in the living room on the ground floor from 2022. Due to the inability to conduct an interior inspection, construction defects and damages could not be identified. Thoughts on Price The appraised value of the property is 390,000.00 EUR, but there is potential to secure a 30% discount on the appraised value through the auction process, bringing the price down to only 273,000.00 EUR. Additionally, notary fees and agent commission are waived, making this a potentially great deal for the buyer. This property offers a range of possibilities and with the discounted price, it presents a great opportunity for those looking to purchase a property in the area.

Location

72415 Grosselfingen

Date added: 20.10.2024

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