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House for sale in Hohenlockstedt, Germany
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House for sale in Hohenlockstedt, Germany

100 000€

25551 Hohenlockstedt

Investment Breakdown

Gross Yield:

6%

Time to pay off with rent:

13.9 years

Price Difference:

-20%

Expected Rent:

600€/month

Property description

This property is a single-storey family home (prefabricated house by Okal) featuring a basement and an extension, encompassing a total living area of 94.94 m². Built in 1965, the house was expanded in 1974, with a prefabricated garage added in 1975. The ground floor layout includes an entrance hall, hallway, master bedroom, storage room, children's room, bathroom/WC, kitchen, and living room, totaling 78.10 m². The extension consists of two additional children's rooms with a combined area of 16.84 m². An interior visit was not possible, but from an external perspective, the property with the house and garage appears neglected and seems to require extensive renovation work. This home offers the potential for significant investment opportunity for those looking to renovate and increase its value, deserving a closer look for any serious buyer.

Location

25551 Hohenlockstedt

Date added: 29.11.2024