House for sale in Koln, Germany

Property Description: Detached single-family house consisting of a one-story main building with a basement and converted attic, with a living area of 112 sqm. Additionally, there is a flat-roof extension, also one-story with a basement and a living area of 129 sqm. The property also includes a garage and a wooden garden house. The main house was built in 1955, the extension was added in 1974/75, and the winter garden extension dates back to the 1990s. The layout is as follows: The main building on the ground floor includes a hallway, guest toilet, dining room, kitchen, living room, and winter garden. The attic offers a hallway, a bedroom, a bathroom/toilet, and two children's rooms. In the extension, there is a hallway, bathroom/toilet, a hobby room, and two rooms in the basement. The ground floor of the extension includes a hallway, a bedroom, a shower room, a kitchen, and a living room. Heating and hot water supply are provided by a warm air central heating system in the main house and a gas central heating system in the extension. Additionally, there is a tiled stove in the living room on the ground floor of the main house. It should be noted that the winter garden extension does not have a building permit. The condition of the building is considered moderate, with a significant need for renovation work. Price Thoughts: The property is priced at 710.000€, but there is an opportunity to secure a 30% discount on the market value, bringing the price down to 497.000€. This could be a great deal for someone willing to invest in renovation and updating of the property. Additionally, there are no notary costs or agency fees associated with the purchase, making it a potentially lucrative investment opportunity.