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House for sale in Tostedt, Germany
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House for sale in Tostedt, Germany

70 000€

21255 Tostedt

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Price Difference:

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Expected Rent:

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Property description

Property Description Historic single-story residential house with partially converted attic, a total of 253 m² of living space, as well as a stable building and a shed from the year 1900 (formerly a forester's house). The layout is as follows: On the ground floor there is a hallway, a utility room, a bathroom/ WC, 3 rooms, a kitchen, and a living room totaling 145 m². In the attic, there is a hallway, 5 rooms, and another bathroom/ WC on 108 m² of living space. Long unused. The floor plan includes several enclosed rooms. Heating is provided by an oil central heating system with an additional fireplace. Due to significant neglect, the building has significant structural defects. Price Thoughts The property is currently being auctioned at the local district court for a market value of 70,000.00 EUR. With the potential to secure a 30% discount on the market value, the property could be acquired for only 49,000.00 EUR. Additionally, notary fees and agency commissions are waived. This property presents an opportunity for potential buyers to invest in a unique and historic home at a discounted price.

Location

21255 Tostedt

Date added: 30.10.2024

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