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House for sale in Lichtenau, Germany
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House for sale in Lichtenau, Germany

86 000€

09244 Lichtenau

Investment Breakdown

Gross Yield:

5.5%

Time to pay off with rent:

20.5 years

Price Difference:

-15000%

Expected Rent:

350€/month

Property description

This property features a plot of land complete with a garden house, characterized as single-story and without a basement. The living space within the garden house measures 29.44 m², accompanied by a garage that has a usable area of 18.86 m², as well as two greenhouses. The garden house was constructed in 1965, while the garage was added in 1970. The layout includes a garden kitchen, a storage room, and a utility room. Heating is provided by a stove fireplace. However, it is important to note that both the garden house and the garage are in poor condition, and there is an absence of a bathroom. The garden has been neglected, requiring significant attention and maintenance. This property presents a unique opportunity for investment or development, particularly for those looking to make improvements to the existing structures and garden space.

Location

09244 Lichtenau

Date added: 03.12.2024

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