House for sale in Herscheid, Germany

Property Description This property is a semi-detached house suitable for a family, with 1 to 2 floors, an attic, and a loft, offering a total living space of 198 square meters. It features a garden and two outdoor parking spaces. The exact year of construction is unknown, but it is known that the house was built over 100 years ago. A secondary building was added in 1947, and the property underwent renovation and a change in use in 1996. Additionally, a garden shed was built in 2007. The property is heated and has hot water provided by an oil central heating system and a wood-burning stove. There are some maintenance backlog in the outdoor areas, a dilapidated wooden shed, as well as defects and damages to the facade claddings, wooden windows, and roof surfaces. Previously, shared supply and disposal facilities were used with the neighboring building, but these have since been separated or discontinued. Price Thoughts The property is listed at a market value of 200,000.00 EUR. However, there is potential to secure a discount of up to 30% on the market value, bringing the price down to 140,000.00 EUR. Additionally, notary costs and agent commissions are waived. This property presents a unique opportunity for buyers looking to acquire a fixer-upper at a reduced price. With some renovations and updates, this could be turned into a beautiful family home.