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House for sale in Langelsheim, Germany
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House for sale in Langelsheim, Germany

86 000€

38685 Langelsheim

Investment Breakdown

Gross Yield:

8.75%

Time to pay off with rent:

9.6 years

Price Difference:

-20000%

Expected Rent:

750€/month

Property description

This charming duplex property is situated in Langelsheim and spans two levels with a total living area of 244.19 m². Built in 1954, the property features a unique layout, with the northern half containing on the ground floor an entrance hall, guest toilet, storage room, a bedroom, a shower room with toilet, a kitchen, and a spacious living room. The upper floor includes a hallway, two children's rooms, and a bathroom with toilet, totaling 90.50 m² of living space. The southern half of the building also has a ground floor consisting of a hallway, a guest toilet, three additional rooms, and a kitchen, while the layout and living space on the upper floor are currently unknown due to restricted access. Notably, there are signs of necessary renovations in parts of the property. This represents an excellent opportunity for investors or homebuyers willing to undertake some refurbishment work to modernize the space. The building sits in a well-located area and could potentially be an attractive rental option or a cozy family home once updated.

Location

38685 Langelsheim

Date added: 11.12.2024

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