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House for sale in Warstein, Germany
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House for sale in Warstein, Germany

166 000€

59581 Warstein

Features

  • Keller

Property description

This property is described as a 2-story, semi-detached house with an attic that was constructed in approximately 1890. It has a living area of 324 square meters. The house is considered a protected monument (Denkmalschutzobjekt) which can provide certain benefits and have specific regulations in place for renovations or alterations. As for the layout and amenities, the residence boasts two separate apartments, indicating that it may be occupied as a multi-generational home or as an investment for renting out both units separately to generate a steady income. A heated basement is a good sign for abundant storage space and potential additional living area. The presence of a parking space is an attractive feature, as it means easy access for residents and their guests. As an investment, this property offers potential revenue through the option of renting out both units, assuming they are renovated to appeal to modern renters. Additionally, space for additional rental units, such as a garage, could increase the long-term benefits of the neighborhood is analyzed. However, there is a need for researching real estate market trends, demographics, and growth potential in the area to determine the attractiveness of this investment. From a lifestyle perspective, owning this house would present a sense of history and character, as it is an older home with much potential for personal touches and renovations to suit the new owners' tastes. Living in a protected monument area can also bring a sense of community, as the neighborhood might have unique events or initiatives related to its historical significance. The available space and additional rental unit possibilities can also allow for flexible living arrangements or additional income to support an enhanced lifestyle. However, it's essential to prepare for potential restoration costs and ensure the property remains up to code to avoid issues in the future.

Location

59581 Warstein

Date added: 24.07.2024

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