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House for sale in Lauchhammer, Germany

10 000€

01979 Lauchhammer

Property description

From a buyer's perspective, this property is located in Lauchhammer, Germany and it offers a 1-story detached house with a living area of 98 m^2. The house was built in 1900 and has a total of 4 units. The property includes a garage and other outbuildings, as well as additional storage spaces. The house is said to be in poor condition since there has been delays in completing, modernizing, and renovating its interior. It lacks a central heating system and the outbuildings are in a poor condition as well. The exterior spaces are simply designed and have been neglected. There is also noise from the railway and road. For a real estate investment, the property is not in a good condition and needs substantial renovation, modernizing and upgrade of heating system. With these necessary renovations, the value of the property might increase but it will also require significant capital. However, the location could be an advantage as it is near a railway and major roads. As a lifestyle purchase, the property has potential if its renovated. However, currently it’s in a state where it's not livable and requires a significant amount of work. Thinking about buying this property as a lifestyle should include a careful consideration of the cost vs benefits with the work needed, potential increase in property value after renovation, and the increased living comfort that would come with it. The catalog info includes a telephone number for more information about the property and a contact form for inquiry. The listing also indicates that this property is part of a monthly catalog available at a low price.

Location

01979 Lauchhammer

Date added: 24.07.2024

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