House for sale in Wuppertal, Germany

As a property investment and lifestyle purchase, this house offers a 169 m² living space, with separate apartments and a garden, which can be conveniently accessed via a balcony. The building has space for a garage, and it has been renovated for the oil-fired central heating system, which is useful for both heating and hot water. The house, however, has some shortcomings. The bath and kitchen in the basement are old and may require considerable updating. Filling the 169 m² space might be challenging, as buyers might be discouraged by the outdated village style, and the 290,000 € price tag, while not excessive in the current market, could be a drawback for those buyers who wish to extend their budget for a cheaper location. When it comes to the lifestyle, this house might not be convenient for a growing family, as it's in a terrible state of disrepair, which can be off-putting. Refurbishing the bathroom and kitchen will undoubtedly increase costs and may not be suited for those looking for a long-term or permanent living arrangement. Buyers should consider their requirements and financial capabilities before considering this investment. Investment-wise, given the worst condition of the house, along with the high price, it may not be the most appealing stuff for buy-to-rent or rehabilitation real estate with high returns. The buyers would be wise to do their own research on the real estate market in the area and make sure their intended use justifies the expense. With some necessary repairs and improvements, its value could potentially increase, but previously-reported court disputes and attempting to buy the property through an auction adds another layer of complexity.