House for sale in Schieder-Schwalenberg, Germany

Property Description: Leasehold for a 2-family house, single-storey with partial basement and converted attic. The living area is 150 square meters and the usable area is 74 square meters. The house features a balcony, a terrace, a garden, a wooden garden house, two sheet metal garages, and a garage complex with three parking spaces and a storage room. Built in 1959, the garages were added in 1962. The layout includes a hallway, two basement rooms, the boiler room, and the laundry room in the basement. The ground floor has hallways, a storage room, a bathroom, a kitchen, a dining room, a bedroom, and a living room. The attic consists of a hallway, a bathroom, a kitchen, an apartment with a toilet/shower, two bedrooms, and a living room. The apartments are heated with gas heaters, each with its own gas boiler. The property has been found to have structural defects and construction damages, including moisture damage to the exterior walls in the base area (up to a height of 1 m), a vertical crack in the EG extension connection, uneven floor coverings with heavy wear, missing roof edges, broken tiles on the roof covering, and insufficient sound and thermal insulation. Leasehold for a duration of 99 years, until 31.12.2058. Thoughts on Price: With a listed market value of 100.000€, this property offers potential buyers the opportunity to secure a 30% discount on the market value, making the purchase price only 70.000€. Additionally, there are no notary fees or agent commissions to be paid. This property presents a unique investment opportunity for buyers looking to acquire a property at a discounted price, despite the identified structural issues.