House for sale in Lohmar, Germany

Property Description A detached single-family house, one-story with mostly basement, 88 m² living space, including basement garage, winter garden extension, and covered terrace. Built in 1952/53, renovated and restored in 2018. Room layout: Basement: 3 basement rooms, laundry room; Ground floor: hallway, storage room, guest room, bedroom, kitchen, shower room/WC, 2 living rooms. Heating is provided by an oil central heating system. The property has structural defects and damages, including gates to be renovated (entrance, garage), plaster cracks, leaky extension roofs with temporary coverings, partially missing or loose skirting boards, and a non-usable bathroom in the basement. Price Thoughts The property is being offered at a listed price of €400,000 but has the potential for a 30% discount on the market value, bringing the price down to €280,000. This could be a significant saving for potential buyers, especially considering the renovations and repairs required on the property. Buyers should carefully consider the condition of the property and factor in additional costs for renovations before making a decision.