House for sale in Koln, Germany

Property Description Detached single-family house, consisting of a 1-story main building with a basement and converted attic, with a living area of 112 sqm. Additionally, there is a flat roof extension, also 1-story with a basement and a living area of 129 sqm. The property also includes a garage and a wooden garden house. The main house was built in 1955, the extension was added in 1974/75, and the winter garden extension dates back to the 1990s. The layout of the rooms is as follows: In the main building, there is a hallway, guest toilet, dining room, kitchen, living room, and winter garden on the ground floor. The attic offers a hallway, a bedroom, a bathroom, and two children's rooms. In the extension, there is a hallway, a bathroom, a hobby room, and two rooms in the basement. On the ground floor of the extension, there is a hallway, a bedroom, a shower room, a kitchen, and a living room. The heating and hot water supply are provided by a warm air central heating system in the main house and a gas central heating system in the extension. Additionally, there is a tiled stove in the living room on the ground floor of the main house. Please note that the winter garden extension does not have a building permit. The condition of the building is considered moderate, with a significant need for renovation work. Price Thoughts The property is being auctioned at a starting price of 710,000.00 EUR. However, there is a possibility to secure a 30% discount on the appraised value, reducing the price to just 497,000.00 EUR. In addition, there are no notary fees or brokerage fees involved in the purchase. With some renovation work and the potential for a discount, this property could be a great investment opportunity for those looking to create their dream home in a desirable location like Köln.