House for sale in Grunendeich, Germany

Property Description: Detached single-family house with one floor, basement, and converted attic. The living area is 225 m², with a total usable area of 117 m². Built in 1908, the house was partially renovated and modernized around 2001 (though the modernization was not completed). The layout includes: In the basement, there is an entrance hall, corridors, 5 basement rooms, a utility room, a boiler room, and an oil storage room totaling 117 m². On the ground floor, there is a hallway, a guest toilet, a bedroom, a dining room, a kitchen, and a living room covering 119 m². The attic features a gallery, 2 separate toilets, 4 children's rooms, a dressing room, and a bathroom/toilet over 106 m². The building has been vacant for approximately 20 years and is equipped with an oil central heating system (from 1990) for heating and hot water. The condition of the house is similar to that of a shell construction. This property is being auctioned at the local court. Price Thoughts: The asking price for this property is listed at 162,000 EUR. However, there is potential to secure a 30% discount on the appraised value, reducing the price to only 113,400 EUR. Additionally, there are no notary fees or agent commission to be paid. With some renovation and modernization efforts, this property could offer great potential for the right buyer.