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House for sale in Wuppertal, Germany

290 000€

42113 Wuppertal

Property description

As a potential buyer, this property description presents a two-family house with a separate apartment in the upper story, spread over two floors, offering a total living space of 169 m². It includes a balcony, garden, and garage, built in 1966. The property needs renovation, particularly in the kitchen with outdated fixtures for the shower, sink, and toilet. The oil-central heating system was renewed in 2000, providing heating and hot water. From an investment perspective, a buyer might find the property attractively priced at 290,000€ (similar to 203,000€ after a possible 30% discount on the market value and additional savings on notary costs and brokerage fees). However, the property's condition requires investment, so the context and potential return on investment should be carefully evaluated. For a lifestyle purchase, the property may not be ideal due to its current state. Potential buyers should consider their renovation skills, budget, and long-experience time for the completion of the renovation. Additionally, the neighborhood impact and proximity to local amenities, schools, and transportation should be evaluated.

Location

42113 Wuppertal

Date added: 24.07.2024

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