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House for sale in Koln, Germany
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House for sale in Koln, Germany

1 180 000€

51107 Köln

Property description

Property Description: This two-family semi-detached house features one floor, a basement, a attic, and a loft, with a total living space of 179/111 m², including a balcony, terrace, and garage. Built in 2013, the layout includes: basement with hallway, 4 cellar rooms, utility room; ground floor with hallway, 2 bathrooms, 2 children's rooms, master bedroom; upper floor: hallway, wardrobe, bathroom, kitchen/dining area, master bedroom, children's room, living room, totaling 110.58 m². Heating is provided by a geothermal heat pump with solar thermal support, with underfloor heating available. The condition is average, with some repair needs (e.g. glass breakage in the front door, doors do not fit properly, missing skirting boards in several rooms, walls need painting, missing socket covers, unfinished flooring). The garage is located at Hardtgenbuscher Kirchweg. Thoughts on Price: The listed price of 1.180.000€ seems high given the maintenance and repair needs of the property. However, with a potential 30% discount on the market value, bringing the price down to 826.000€, this could be a more appealing investment opportunity. Additionally, the absence of notary fees and broker commission adds further value to the purchase. This property may be worth considering for buyers looking for a fixer-upper with potential for savings.

Location

51107 Köln

Date added: 21.08.2024

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