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51503 Rösrath
This property is a mixed-use development with two detached houses: a single-family home and a two-family home. Both properties are in need of significant repair and renovation due to their age and neglected maintenance. The single-family home has 98 square meters of living space and includes a cellar, bathroom, storeroom, and four bedrooms. The two-family home has 162 square meters of living space with a cellar, bathroom, kitchen, and three bedrooms per floor. The houses are heated by outdated oil and tank storage heaters that are no longer energy-efficient. Both properties show varying levels of maintenance, requiring repairs and renovations that are expected due to insufficient upkeep. Additionally, cleaning and removing accumulated dirt in both houses will be necessary. The property is being auctioned by the local court and features a starting bid of 724,000€/Kaufpreis. It is recommended to secure a 30% discount on the estimated market value, reducing the final price to 506,800€. This property offers a unique opportunity for a substantial investment in both renovation and restoration. As a lifestyle purchase, the recently renovated homes could provide comfortable living spaces, while the opportunity to renovate and add personal touches could make it an attractive long-term investment. Depending on your budget and vision, this property could prove to be a great investment in a desirable location. Contact the provided phone number (0221-97459790) for more information and to schedule a visit.
51503 Rösrath