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01723 Wilsdruff
Gross Yield:
5%
Time to pay off with rent:
0 year
Price Difference:
30000%
Expected Rent:
800€/month
Property Description: This is a freestanding two-story single-family home without a basement, boasting a gross total area of 450 m². It includes a garage and a shed (or garden house) and was built around 1870. The property is listed as a historical monument, having undergone renovations in the upper floor during the 1970s and 1980s. However, the structural condition of the house is concerning, with garbage and construction debris accumulating on the grounds, rendering it currently uninhabitable. This property presents a unique opportunity for renovation enthusiasts and investors alike, as restoring the house could potentially uplift its value significantly. Its distinguished age and architectural features may appeal to buyers interested in heritage and vintage homes, provided they are ready to undertake substantial restoration work. The location in Wilsdruff adds to its attractiveness, making it a viable option for families or individuals seeking a long-term residence in a quiet area away from the hustle and bustle of larger cities.
01723 Wilsdruff