House for sale in Lauchhammer, Germany

Property Description Built in 1900, this single-family house in Lauchhammer offers 150 square meters of living space spread across one story with a partially finished basement and attic. A partial modernization in 2000 updated the windows, heating system, and facade. The property also includes a garden and an outbuilding. The layout includes multiple rooms on each floor, with a kitchen, bathrooms, living spaces, and storage areas. The house is heated by an oil system, but some areas lack proper insulation. The property is being sold at a value of 40,000 EUR, with potential for a 30% discount. Due to its proximity to a train station, noise levels may be higher. This property is being auctioned by the local court and presents a unique investment opportunity for buyers interested in a fixer-upper. Price Thoughts: The listed price of 40,000 EUR for this property reflects its current condition and the need for renovations and updates. However, with the potential for a 30% discount, the property presents a cost-effective opportunity for buyers looking to invest in a fixer-upper and add value through improvements. Considering the location and size of the property, along with the additional outbuilding and garden space, this property has potential for a future return on investment.