House for sale in Wiehl, Germany

Property Description A detached single-family house on one level with a basement and converted attic. The living space is 82.88 sqm and includes a terrace and a garden. Built in 1958. Layout: On the ground floor there are 2 hallways, a bathroom, a bedroom, a kitchen, and a living room. The attic offers 3 additional rooms. The heating is provided by a gas hot water central heating system, which is currently out of operation. The attic has been converted for residential use without permission, but these deviations can be approved retroactively. The condition of the building is fair and there is a need for general renovation and modernization measures, such as moisture issues in the foundation area, walls in the basement, and ceiling panels in the bathroom. The local boundary between this property and the neighboring property partially deviates from the lawful boundary, and the property boundary to the next street is also not clearly visible. In this area, there is a gravel parking lot for cars. Price Thoughts The property is being offered at a Verkehrswert (market value) of 170,000.00 EUR. However, there is a possibility to secure a 30% discount on the market value, bringing the price down to 119,000.00 EUR. Additionally, notary fees and agency commissions are waived. This presents an opportunity for potential buyers to acquire the property at a discounted price, considering the necessary renovation work and the existing boundary issues.