House for sale in Koln, Germany

Property description: This semi-detached house is perfect for a family and spans across 2 floors with a basement and converted attic, totaling 143.23 m² of living space. The building also features a two-story annex without a basement (used as a party room and restroom), a garage, a parking space for a car, and a garden. The main house was built in 1924, with the annex added in 1949. Layout: The basement includes hallways, cellar rooms, the boiler room, and utility connections. On the ground floor, there is a hallway, storage room, restroom, shower room, one bedroom, and the kitchen. Upstairs, you'll find a hallway, a restroom, a kitchen, and 3 bedrooms. The converted attic includes a hallway and 2 rooms. The heating and hot water system is operated by a gas central heating system manufactured by Buderus, around 1981. There is a significant need for maintenance and modernization in all areas, as well as structural defects and damage that have been moderately maintained. Price thoughts: The property is being auctioned by the local court with a market value of 700,000 EUR. However, there is a potential 30% discount available, bringing the price down to 490,000 EUR. Additionally, there are no notary fees or agent commission. This property offers a great opportunity for buyers looking to acquire a home at a discounted price and make necessary improvements to increase its value.