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31234 Edemissen (LK Peine) - Niedersachsen
Property Description: This fully basemented house consists of 7 rooms (dining room, study, spacious living room, 4 bedrooms), 2 kitchens, 2 bathrooms on 2 floors, a spacious entrance area, a large conservatory built in 1986 on the existing terrace with 5 steps to the private perennial garden on the west side of the house, and 2 garages with a parking space in front of each. The vegetable garden with 6 fruit trees is located on the south side of the house. The oil heating system is from 2015 and is serviced annually. The upper floor, minus 1 room, is currently rented out. This rental apartment, which was converted from the 4 children's rooms in 1989 and modernized (wall openings, door closure, kitchen connections moved, wooden windows replaced with plastic windows) has 3 rooms, kitchen, bathroom and is approximately 80 m2. Reverting back to 4 children's rooms would not be a problem. Tenants are aware that they may have to move out if the house is sold. The basement consists of a pantry cellar, tool cellar (both unheated), 2 guest rooms, and a large laundry room with a separate shower. The corner property has 769 m2 and is located on a small one-way street. It borders 2 other single-family houses. First-time buyers can apply for KfW renovation subsidies from the government, here is the link: "KfW promotes the purchase of dilapidated residential properties by families on behalf of the federal government", Loan No. 300: [link provided]. Thoughts on Price: The property offers a spacious and well-maintained living space with potential for rental income or conversion back to a single-family home. The large garden, winter garden, and garage spaces add value to the property. The location on an corner lot in a quiet neighborhood is also a desirable feature. Considering the features and potential for government subsidies for renovation, the asking price of 280,000€ may be reasonable for buyers looking for a versatile property with income potential.
31234 Edemissen (LK Peine) - Niedersachsen