House for sale in Welver, Germany

Property Description A semi-detached single-family house in timber frame construction, similar to an end-row house, spread over 2 floors with a partial basement, a living space of 133 m², and several wooden sheds. The construction year is unknown, but presumed to be in the second half of the 19th century. The layout includes: Basement: hallway, 2 cellar rooms; Ground floor: hallway, boiler room, bathroom/ WC, storage room, bedroom, pantry, kitchen, living/dining room; Upper floor: 2 hallways, 4 children's rooms, bathroom/ WC. The floor plan design features partially enclosed rooms and room heights ranging from 1.95 m to 2.20 m. The heating is done through a gas hot water central heating system from 2023. The interior is overall very simple and shows significant signs of wear and tear. Maintenance work has not been done for some time, leading to occasional water leaks into the rooms. The outdoor areas are in a neglected state. Price Thoughts Considering the condition of the property and the need for renovation and maintenance work, the listed price of 55.000€ seems reasonable. However, with the potential to secure a 30% discount on the market value, the property could be a good investment opportunity for buyers willing to put in the effort to restore it to its full potential. Additionally, the fact that notary costs and agency fees are waived adds to the attractiveness of this property. Be sure to inquire further about this listing if you are interested in a project with great potential.