 Property Description:
A semi-detached, two-story dwelling with a total living area of approximately 85/65 m², featuring a basement, ground floor, and attic. The property has a total floor area of approximately 140 m². It includes an adjacent store, a former bakery, and a backhouse, which were built in the early 20th century and modernized in the 1990s (including sanitary, electricity, and windows).

The house consists of a basement room, an entryway, a bathroom, a kitchen, and three rooms on the ground floor, along with a hallway, bathroom, kitchen, and three rooms on the upper floor. Both dwellings are currently rented and heated with an oil heating system, which was installed in 2002. The exact living area is unknown, as there are no documents available.

The furnishings are considered simple and outdated, and the facade of the building, made of Klinker stones, gives an overall well-maintained impression. The ground floor apartment appears to be somewhat worn out. In addition to basic renovations, further modernization is required in the medium term. The layout of the living space is generally considered marketable, although there is no balcony, and the bathroom on the ground floor does not have a window.

The adjacent building seems to have reached the end of its economic lifespan, and the plot could be further developed if necessary.

Property Overview:
The property is valued at €240,000 and is located in Issum, Germany. The estimated property price including a 30% discount is €168,000, which includes notary fees and brokerage costs.

The listing can be found in the monthly catalog, which is available upon request by calling the number 0221-97459790. Additionally, the listing number is provided for the court which is conducting the auction.

Investment and Lifestyle Perspective:
For a real estate investment, this property presents a good opportunity, as it is priced below the average market value for similar properties in the area. However, it requires some renovations and modernization, which will add to the initial investment cost. The location is ideal for someone looking to own a property in Issum, as it offers a mix of residential and commercial buildings. It could be a profitable investment for savvy buyers who are willing to put in some work.

From a lifestyle perspective, the property offers a charming semi-detached house with two storeys, providing adequate living space for a growing family. The building's previous use as a store and bakery may also offer additional living spaces with potential rental income. However, the property's condition will require significant upgrades and modernization, which may not be suitable for someone looking for a move-in-ready home.

In summary, the property offers a good investment opportunity but requires significant renovations and modernization. It may not be ideal for someone seeking a turn-key lifestyle purchase, but it could be a suitable investment for those with time, resources, and vision to transform the property.

Objektbeschreibung                          Reihenmittelhaus für zwei Familien, bestehend aus zwei Geschossen und teilweise unterkellert, mit einem ausgebauten Dachgeschoss. Die Wohnfläche beträgt ca. 85/65 m². Das Haus verfügt außerdem über Nebengebäude, darunter ehemalige Laden- und Bäckereiräume sowie eine Backstube. Es wurde vermutlich zu Beginn des 20. Jahrhunderts erbaut und zuletzt in den 1990er Jahren umfassend modernisiert (u.a. Sanitär, Elektrik, Fenster). Die Raumaufteilung umfasst im Keller einen Kellerraum, im Erdgeschoss einen Flur, ein Bad, eine Küche und drei Zimmer, sowie im Obergeschoss einen Flur, ein Bad, eine Küche und drei Zimmer.Beide Wohnungen sind derzeit vermietet und werden mit einer Ölheizung beheizt, die wahrscheinlich im Jahr 2002 installiert wurde. Die genaue Wohnfläche ist unbekannt, da keine Unterlagen vorlagen. Die Ausstattung insgesamt wird als einfach bezeichnet und nicht mehr zeitgemäß. Die Fassade des Gebäudes besteht aus Klinkersteinen und macht einen insgesamt gepflegten Eindruck. Allerdings scheint die Wohnung im Erdgeschoss etwas abgenutzt zu sein. Neben den üblichen Renovierungsarbeiten sind mittelfristig weitere Modernisierungen erforderlich. Der Grundriss der Wohnung wird größtenteils als marktfähig angesehen, obwohl es keinen Balkon gibt und das Badezimmer im Erdgeschoss kein Fenster hat. Das Nebengebäude scheint am Ende seiner wirtschaftlichen Nutzungsdauer zu sein und das Grundstück in diesem Bereich könnte anderweitig bebaut werden, falls es entsprechend freigelegt wird.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: 240.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 168.000,00 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.

House for sale in Issum, Germany

 Wow, this is an exciting and lucrative real estate opportunity! From the buyer's perspective, you have a property located in a desirable neighborhood with a long history (built in 1900) and modern additions (built in 1990). It is an attractive property with a mix of family homes and apartments, providing both short- and long-term rental potential. The property covers 220.42 m² of living space and boasts a variety of modern amenities, including a cellar, balconies, a terrace, and on-site parking and a garage. The existing tenants and rental options point to a steady and reliable income stream.

As a lifestyle purchase, this property is an excellent investment offering luxury and comfort. It is set in a quiet and picturesque location within easy reach of local amenities and transportation. A remodel or renovation could potentially improve your ROI by attracting more high-quality tenants or even making the property more appealing for a strong buyer if decided to sell.

Investment-wise, the estimated value of the property is 346,000€ with the potential to negotiate a 30% discount, bringing the price you'd pay down to 242,200€. This is a substantial discount, and taking into account the potential rental income, this property could represent a significant return on investment over the medium to long term. Impressively, this property comes with all its amenities, providing easy access to the modern conveniences one requires in a home.

The property's competitive price coupled with its prime location will undoubtedly attract strong interest from both local buyers and those looking to invest in만 에대한 객―희

Objektbeschreibung                          Ein Gebäudekomplex bestehend aus einem Mehrfamilienhaus und einem Anbau, der zwei Wohnungen und fünf (Mini-)Appartements beherbergt. Das Gebäude ist eingeschossig mit einem Gewölbekeller im Altbau, einem ausgebauten Dachgeschoss und insgesamt 220,42 m² Wohnfläche. Zusätzlich verfügt es über Balkone, eine Terrasse im Garten, fünf Parkplätze und eine Garage. Ursprünglich im Jahr 1900 erbaut, wurde der Anbau 1990 hinzugefügt und das Gebäude 2007 in eine Pension umgewandelt. Eine Nutzungsänderung in Appartements fand 2022/23 statt.Die meisten Einheiten sind vermietet, und die Beheizung sowie die Bereitstellung von Warmwasser erfolgt über eine Gas-Zentralheizung.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: 346.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 242.200,00 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 complex consisting of a multi-family house and an annex, housing two apartments and five (mini) apartments. The building is single-storey with a vaulted cellar in the old building, an attic that has been converted into living space, totaling 220.42 m². It also features balconies, a garden terrace, five parking spaces, and a garage. Originally built in 1900, the annex was added in 1990, and the building was converted into a guesthouse in 2007. A change of use to apartments took place in 2022/23. Most units are currently rented out, and heating and hot water provision is done through a gas central heating system.

Price Thoughts:

The listed price for this property is 346,000€. Given the size of the property, its prime location in Issum, and the potential rental income from the units, this price represents a solid investment opportunity. Additionally, the property is being offered at a discounted rate of 242,200€ through a potential auction, providing a substantial savings for potential buyers. With its diverse mix of living spaces and income potential, this property is a highly attractive opportunity for investors or those looking for a unique living situation. Contact us for more information and to secure this property at a favorable price.

 From a buyer's perspective, the property described in the description is a semi-detached house with two floors, part of which is also underground, with an additional attic. The living area is approximately 85 m² and 65 m², and the house has additional outbuildings, including a former shop and bakery, as well as a baking room. The property was built in the early 20th century and was extensively modernized in the 1990s, including sanitation, electricity, and windows.

The layout of the house includes a cellar, a hallway, a bathroom, a kitchen, and three rooms on the ground floor and a hallway, a bathroom, a kitchen, and three rooms on the top floor. Both units are currently rented out and heated with a domestic oil heating system, which was likely installed in 2002. The exact living area is unknown, as there were no documents available. The interior of the property is mentioned as simple and not very modern, with a Kinker stone facade that gives a well-maintained impression, although it appears that the ground floor apartment may be a bit worn out. The room layout is generally seen as marketable, even though there is no balcony and the bathroom in the ground floor does not have a window. The outbuilding seems to have reached the end of its use, and the land could potentially be used for other purposes if it is cleared for it.

The estimated value of the property is 240,000 EUR, and the buyer could potentially secure a 30% discount on this value, bringing the total purchase price to 168,000 EUR. This includes the fees for a notary and the commission of a real estate agent. The property is listed for auction at the local court and the contact details for more information are provided. The property is advertised as an attractive offer in the upcoming edition of a cost-effective property auction catalog. To take advantage of this opportunity, secure the necessary information to acquire your desired property at a favorable price.

Property Description

A building complex consisting of a multi-family house and an extension, housing two apartments and five (mini) studios. The building is single-storey with a vaulted cellar in the old building, a converted attic, and a total of 220.42 m² of living space. Additionally, it features balconies, a garden terrace, five parking spaces, and a garage. Originally built in 1900, the extension was added in 1990, and the building was converted into a guesthouse in 2007. A change of use to apartments took place in 2022/23. Most units are rented out, and heating and hot water are provided by a gas central heating system.

Price Thoughts
With a price of 346,000€, this property offers an excellent opportunity for potential buyers. The current market value of the property presents a good deal, especially considering the possibility of a 30% discount, bringing the price down to 242,200€. Additionally, the property is being auctioned by the local court, offering a unique chance to acquire this diverse and income-generating asset at a discounted rate. Don't miss out on the opportunity to secure this property and potentially save on notary fees and agent commissions. This property is just one of many attractive options available in the current monthly issue of our affordable real estate auction catalog. Contact us now to obtain more information and make a cost-effective purchase of your dream property.

 As an investment property, the 240,000€ property at Issum offers a combination of potential advantages and drawbacks. The relatively low asking price of 240,000€ for a property with a total living area of approximately 85/65 m² suggests an undervalued market, which could lead to a profitable resale in the future. The presence of additional spaces such as former retail and bakery spaces, a backroom, and an oil-fired heating system also provide opportunities for further development and rental income generation.

However, the property's condition, which includes outdated fixtures, an imperfect fathomable room layout, and a dilapidated ground floor apartment, may pose challenges that increase the overall cost of repairs and modernization. The lack of a balkon and a basement room with a window may also limit the attractiveness of this property as a potential rental apartment. Furthermore, the zuständigen Amtsgericht has indicated a potential market value of 240,000€, which suggests concerns over the property's true market value.

As a lifestyle purchase, this property could provide a unique opportunity for buyers to acquire a small residential building with the added benefit of income-generating spaces and room for potential conversion or expansion. However, the property's overall condition may not be suitable for individuals seeking a turn-key solution or those who are not prepared to undertake renovation or refurbishment projects.

Given the above factors, investors looking for a low-risk and potentially high-yielding opportunity may be better off focusing their search on more well-maintained properties with a higher potential market value. Those interested in a unique project or lifestyle purchase, however, may find the Issum property a suitable fit.

In conclusion, it is essential to perform a thorough analysis of the property's condition and market value before committing to this investment. Prospective buyers should also consider consulting with a real estate professional or recruit the services of a surveyor or architect to assess the extent of potential repairs and modernization costs.

House for sale in Issum, Germany

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