House for sale in Werdohl, Germany

Property Description: Detached single-family house with one floor and a basement, converted attic, and a living area of 179 m². The house features a garden, a double carport, and a parking space in front of the house. Built in 1961 and extensively modernized in 2020, the layout includes on the basement floor: hallway, bathroom, cellar rooms (laundry room, storage room), 2 rooms, kitchen; as well as a shed under the terrace. On the ground floor, there is a foyer, bathroom, 2 children's rooms, kitchen, dining room, living room, terrace with an area of 110.13 m². The attic consists of a hallway, bathroom, master bedroom with dressing room, children's room with dressing room, on an area of 69.17 m². Water heating and heating are provided by a gas central heating system installed in 2020. The ground floor has underfloor heating, the attic has flat radiators, and the basement has ribbed radiators. A 50 m² area in the basement has been converted for residential purposes but does not have a valid building permit and therefore cannot be used as living space. There are building defects and damages, including a broken window pane in the living room, partially missing railings to the attic, missing baseboards on the ground floor and attic, as well as unfinished outdoor facilities. Additionally, there is construction debris behind the house. Thoughts on Price: The property is listed for €420,000, but there is potential to secure a 30% discount on the appraised value, reducing the price to €294,000. With the discounts and exemption from notary fees and agent commissions, this property presents a compelling opportunity for potential buyers looking to acquire a home at a discounted rate. It is essential to consider the necessary repairs and improvements that may be needed due to the existing building defects and damages when evaluating the overall value of the property.