House for sale in Hamburg, Germany

Property Description: Leasehold – A single-family house, consisting of one floor and a basement, as well as an attic. It has a living area of 103 square meters and a usable area of 67 square meters. There is also a wooden garden house on the property. The exact year of construction is unknown, but it was built around 1947 and then expanded in 1955. A porch was added in 1961. The layout is as follows: On the ground floor, there is a porch, a hallway, four rooms, and a kitchen with an area of 67.09 square meters. In the attic, there is a hallway, a separate toilet, two rooms, and a chamber with an area of 36.08 square meters. Heating is provided by an oil heating system with an additional stove for solid fuels in the living room. Hot water is provided by individual electric devices. The property requires significant renovation and modernization, especially in the interior. The garden grounds are slightly neglected, giving a slightly below-average impression. The leasehold runs until June 30, 2030. Price Thoughts: The listed price for this property is 20.000€, but there may be an opportunity to secure a 30% discount on the market value, bringing the price down to 14.000€. Additionally, there are no notary fees or agency commissions to be paid. This property is being auctioned at the local district court. It presents a unique opportunity for buyers looking to acquire a fixer-upper at a discounted price.