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House for sale in Wuppertal, Germany

290 000€

42113 Wuppertal

Property description

Property description: Two-family house with a separate apartment on the upper floor, spread over two levels, with a living space of 169 m², balcony, garden, and garage, built in 1966. Layout: Basement: heating room, oil tank room, laundry room with shower, bathtub, and toilet; Ground floor: entrance area, bathroom, kitchen, 3 rooms; Upper floor: hallway, bathroom, kitchen, 2 rooms, balcony. Additionally, the apartment has 2 rooms and a separate toilet. The oil central heating system of the house was renewed in 2000 and provides heating and hot water. The building is in poor condition, especially the laundry room in the basement with outdated equipment for shower, bathtub, and toilet. Price thoughts: The property's listing price of 290.000€ seems reasonable considering the size and potential of the property. However, with the opportunity to potentially secure a 30% discount on the market value, bringing the price down to 203.000€, this could be a great investment opportunity for a buyer willing to renovate and bring the property up to modern standards. Additionally, the fact that notary fees and agent commissions are waived adds to the attractiveness of the deal. It is definitely worth exploring further for those interested in purchasing a property in this area.

Location

42113 Wuppertal

Date added: 10.08.2024

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