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House for sale in Leverkusen, Germany

230 000€

51381 Leverkusen

Property description

From a buyer's perspective, this property, located in Leverkusen, Germany, offers 163 m² of living space across three units. It has a mix of rented and owner-occupied spaces, which could potentially provide a steady income source for the investor. The property has been modernized to some extent, but it appears that there is still room for further modernization and upkeep. There may be some challenges to address, such as the need for comprehensive maintenance and repairs. As an investment, the property seems to have potential due to its size and location. The estimated market value of 230,000€ (161,000€ after potential negotiation) appears to be on the lower side, considering its potential revenue generation and the possibility of increasing property value in the future. Since the property is being offered through a court auction, there could be a higher risk involved. However, if the detailed property inspection reveals no significant problems, the lower selling price could offset the risk. For a lifestyle perspective, the property offers an opportunity for the buyer to live within a community of people who own or occupy one unit. With the modernization and upkeep of the units, the property could become an excellent living space. It is advised to consider a thorough inspection of the property and consult a professional before making any purchasing decision.

Location

51381 Leverkusen

Date added: 24.07.2024

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