House for sale in Detmold, Germany

Property Description: A single-family house in prefabricated construction with a granny flat, all on one level, fully basemented and with a converted attic. The living area is 200 sqm and includes a balcony and a garage in the basement. The house was built in 1968, the attic was converted in 1995, and modernizations were carried out between 2003-2013. The layout includes in the basement: hallway, bathroom, 4 cellar rooms; on the ground floor: hallway, entrance hall, bathroom, WC, study, 3 bedrooms, kitchen, living room, terrace; in the attic: hallway, storage room, bathroom, 2 bedrooms, living room with open kitchen. The property receives adequate sunlight and has good lighting conditions; heated by a gas central heating system; although modernizations have been done, there is a minor maintenance backlog. This property is being auctioned at the local district court. Price Thoughts: The listed price of €291,000 seems reasonable considering the size of the property, its features, and its location in Detmold. However, it's worth noting that there is a possibility to secure a 30% discount on the market value, bringing the price down to €203,700. This discount, along with the potential savings on notary fees and agency commissions, makes this property an attractive investment opportunity for buyers looking to acquire a spacious family home at a competitive price.