House for sale in Heimsheim, Germany

Property Description: This two-family house with a separate granny flat is situated on a sloping plot of land. The house is single-storey, fully basemented, and has a converted attic. The living space measures 183.51 square meters. There is also an attached garage and a detached single garage. The building was constructed in 1964/65, the attic was converted in 1975/76, and the single garage was built in 2019. The property also includes agricultural land. The layout of the property is as follows: The basement comprises an entrance hall, a hallway, a bedroom, a bathroom/ WC, a kitchen, and a living room with an area of 51.35 square meters. The ground floor features a hallway, a guest WC, a bedroom, another bathroom/WC, two children's bedrooms, a kitchen, a living room, and a balcony with an area of 83.36 square meters. The attic houses a hallway, a bedroom, a shower room, a children's room, a kitchen, and a living room with an area of 48.80 square meters. In the basement of the granny flat, there is a bedroom, located as a captive space behind the living room. Heating and hot water supply are provided by an oil central heating system. The residential property is largely worn out due to aging and requires significant renovation work in the interior as well as partially on the facade. There is the option to purchase the properties individually or as a package deal at auction. More information on this will be revealed at the auction date set by the judge. Price Thoughts: The asking price for this property is 474,300.00 EUR. Given the significant renovation needed, this price may be on the higher end for potential buyers. However, there is the opportunity to secure a 30% discount on the appraised value, bringing the cost down to 332,010.00 EUR. In addition, notary fees and agent commissions are waived, making this a potentially attractive investment for buyers willing to take on the renovation work. Consider exploring this property further to determine its potential as a long-term investment.