House for sale in Hiddenhausen, Germany

Property Description: Detached historic building, formerly used as a two-family house. The single-story house has a basement and a converted attic, with a living space of 84/56 m² and was built around 1930. The layout includes: Basement: boiler room, laundry room, storage room; Ground floor: entrance area, hallway, guest toilet, shower, bathroom, hallway, bedroom, kitchen, dining room, living room; Attic: hallway, toilet, 4 children's rooms. The heating is provided by an old gas central heating system by Viessmann. Currently, the building is uninhabitable due to significant structural defects and damage. This includes outdated supply lines, moisture damage in the basement, cracks in the facade, outdated electrical and plumbing installations, and a technically outdated heating system. There is also a lack of any sound and thermal insulation in the floors (wooden floors), the straw ceiling above the attic is damaged, and there is no form of thermal insulation. Thoughts on price: The property is being auctioned at a value of 77,000.00 EUR but potential buyers have the opportunity to secure a 30% discount on the assessed value, bringing the price down to 53,900.00 EUR. Additionally, notary fees and agent commission are waived. This property may require significant investments in renovation and repairs, so buyers should carefully consider the costs involved in restoring the building to a habitable condition.