House for sale in Gummersbach, Germany

Property Description: Detached building with residential and commercial area (2 apartments and a shop extension), consisting of 1 to 2 floors with a basement and converted attic. The total living area is 398 sqm, with a usable area of 236 sqm. Additionally, there is a workshop and storage building with a garage installation, which comprises 1 to 2 floors without a basement and has a usable area of 477 sqm. The building was built in 1923, with the latest renovations and modifications in 2014. There is also an undeveloped plot of land included. The layout of the rooms is as follows: Ground floor: sales room, storage room, WC facility, hallway, 2 bedrooms, bathroom/WC, storage room, kitchen, living/dining room; Upper floor: hallway, guest WC, bedroom, bathroom/WC, 2 children's rooms, laundry room, living/dining room with open kitchen; Attic: studio, closet, storage room. The heating of the house is provided by a gas central heating system from 2010, while the hot water is heated by electrical devices. Due to the lack of a complete interior inspection, the overall condition of the house cannot be reliably assessed. Only the apartment on the ground floor has been visited, which is in a still acceptable condition. Significant defects or damages are visible in some areas on the facade, plaster, windows, gutters, etc. Price Thoughts: The property is currently being auctioned by the competent district court at a market value of 406,200.00 EUR. Potential buyers may secure a discount of up to 30% on the market value, potentially allowing them to purchase the above-mentioned property for only 284,340.00 EUR. Additionally, notary fees and agent commission are waived. This property is just one of many interesting real estate opportunities featured in our monthly catalog of cost-effective real estate auctions. Contact us now to obtain information on how to acquire your desired property affordably.