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House for sale in Petershagen, Germany

112 000€

32469 Petershagen

Property description

From a buyer's perspective, this property is a semi-detached house with 93 m² of living space, an attached garage, and a terrace. The house was constructed in 1826 and expanded in 1980-83. It has a gas-fired central heating system and features a mix of Ziegeldachdeckung, Ytong-Steine, and Porotonziegeln exterior walls. The windows are made of wood and double-glazed with roll-shades. The house's overall condition is seen as average, as it does not meet modern standards, particularly in terms of space. The house is being sold as part of an auction and is priced at 112,000€. For real estate investment, this property may have some potential, especially considering the lower-than-market price due to its outdated features and average condition. However, it will require significant renovation and updating to meet modern standards, which could increase the investment risk and costs. As a lifestyle purchase, the property offers a historical feel, a good-sized living space, and a garage. The location in Petershagen might appeal to those looking for a semi-rural setting close to the amenities of a small town. However, the property's outdated condition and the need for renovation may not be appealing to those seeking a move-in-ready mature home. The task of renovation and updating the house might also be an attraction for those interested in DIY or flipping properties.

Location

32469 Petershagen

Date added: 24.07.2024

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