House for sale in Rinteln, Germany

Property Description: A detached single-family house with one floor and a basement, with a living area of 129 square meters and a usable area of 18 square meters, as well as an annex with a usable area of 26 square meters. The house was built in 1970 and the garages were converted in 2018. In addition, there is an undeveloped plot of land. The layout includes in the basement: entrance area, hallway, boiler room, laundry room, totaling 18 square meters; two finished rooms, bathroom/WC, totaling 53 square meters; on the ground floor: hallway, guest WC, bedroom, bathroom/WC, children's room, kitchen, living room, conservatory, totaling 76 square meters. The heating is done by an oil heating system from 1995, with an additional connection for a wood-burning stove. In the annex, there is a non-functional (decorative) fireplace. The residential building is in a condition appropriate for its age, while the annex is considered to be in poor condition. There is a significant maintenance backlog and a general need for modernization and renovation in some areas. The outdoor areas appear slightly neglected. The rear part of the undeveloped plot is overgrown and not buildable. Price Thoughts: The property is being auctioned at the local court with a market value of 162,000.00 EUR. There is a possibility of securing a 30% discount on the market value, bringing the price down to just 113,400.00 EUR. Additionally, notary fees and agency fees are waived. Despite the need for some renovations and updates, this property offers great potential for the right buyer looking for a project to turn this house into a cozy and welcoming home.