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House for sale in Gammertingen, Germany
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House for sale in Gammertingen, Germany

238 000€

72501 Gammertingen

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Price Difference:

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Expected Rent:

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Property description

Property Description: A single-family house with one floor, basement, and a converted attic, built in 1968/69, offering a living space of 140 sqm and a garage. The layout includes a hallway, three basement rooms, a laundry room, a boiler room, and an oil tank room in the basement. The ground floor features a hallway, a cloakroom, a guest toilet, a bedroom, a pantry, a dining room, a kitchen, a living room, and a balcony. The attic consists of a hallway, a separate toilet, and two children's rooms. The house has an oil central heating system installed in 1988 and a wood stove. Hot water is provided by an electric boiler. The overall condition of the building is acceptable, but there is a clear need for renovation. Price Thoughts: The property is listed at a price of 238.000€ and is being auctioned off by the local court. However, there is a possibility to secure a 30% discount on the market value, bringing the price down to 166.600€. This presents an opportunity for potential buyers to acquire the property at a discounted rate, with no additional fees for notary or agency commission. Considering the renovation needs of the property, the discounted price offers potential buyers a chance to invest in renovations and make the property their own at a more affordable cost.

Location

72501 Gammertingen

Date added: 24.10.2024

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