House for sale in Kirchhundem, Germany

Property description: This property is a part of a residential building with a total living area of 128 sqm, including a balcony and a garden house. Built in 1957, the house has 2 floors and an attic, with a garage that was added in 1993 and converted into a separate apartment in 1995. The layout includes 2 hallways, a guest toilet, a wardrobe, a storage room, a bathroom, 2 children's rooms, a master bedroom, a kitchen, and a living room. Heating and hot water are provided by a gas central heating system. The property benefits from good to sufficient sunlight and illumination. The total land area is 864 sqm, with the portion available for purchase at 475.46/1,000. The property is subject to a leasehold estate for 99 years established since January 20, 1997. It is currently being auctioned at the local district court with a market value of 118,000.00 EUR. Potential buyers may be able to secure a 30% discount on the market value, bringing the purchase price down to 82,600.00 EUR. Additionally, there are no notary fees or agent commissions involved. Price thoughts: The price of 118,000.00 EUR for this property seems reasonable considering the size, amenities, and location. With the potential for a 30% discount, the final purchase price of 82,600.00 EUR presents a great opportunity for buyers looking for a spacious home with additional rental income potential from the garage apartment. The property's leasehold estate status may be a consideration for some buyers, but overall, this property offers good value for its features and potential.