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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:

3.5%

Time to pay off with rent:

17.9 years

Price Difference:

-20%

Expected Rent:

400€/month

Property description

Property Description: This is a plot of land featuring a garden house and a garage, all situated on a single level without a basement, and offering a living space of 29.44 square meters. The garage has a usable space of 18.86 square meters, and there are also two greenhouses included in the property. The main structure dates back to 1965, while the garage was built in 1970. The layout consists of a garden kitchen, a storage room, and a utility room. Heating is provided by a tile stove. It is important to note that the garden house and garage are in a neglected condition, and there is no bathroom available on the premises. The garden area itself is also not well-maintained. This property presents an opportunity for keen buyers to invest in a project that may require renovation and landscaping. With potential for revitalization, it could serve various future purposes, whether for personal use or as a rental investment.

Location

09244 Lichtenau

Date added: 05.12.2024

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