House for sale in Kerpen, Germany

Property description: Single-family semi-detached house on two floors with a basement and converted attic, with a living space of 147.48 m². Additionally, there is a rear annex, formerly a garage, single-storey without a basement dating back to 1934, with the garage being built in 1959. The layout includes a hallway, two basement rooms, a laundry room with a bathroom/WC, the boiler room, and the tank room in the basement. On the ground floor, there is a hallway, a guest WC, a bedroom, a storage room, a living/dining room with an open kitchen, and a terrace (71.34 m²). The upper floor features a hallway, a dressing room, two children's rooms, a bathroom/WC (54.49 m²). The converted attic includes a studio, a loggia (21.65 m²). The property is heated by an oil central heating system; hot water is partly provided by the heating system and partly by an electric water heater; good lighting and ventilation are present. The house is in a neglected structural condition, with various building defects such as cracks and damage to the facade, outdated roof covering, heavily weathered wood cladding on the dormer, windows, the front door, etc. Price thoughts: At a listed price of 328,000 EUR, this property offers potential for improvement and updating. The fact that it will be auctioned off by the competent district court could potentially provide an opportunity for a buyer to secure the property at a lower price than the market value. With a possible 30% discount on the appraised value, the property could be purchased for 229,600 EUR, with no notary fees or brokerage commission involved. This could be a great opportunity for buyers looking to acquire a property at a discounted price and willing to invest in renovations and repairs to bring the house back to its full potential.