House for sale in Landshut, Germany

Property Description This two-story single-family house in Landshut, built in 1944 as a temporary structure, offers a living space of 146 m², a double garage, and a small outbuilding. The layout includes an entrance area, hallway, guest toilet, home office, laundry room, dining room, kitchen, and living room on the ground floor. Upstairs, there is a hallway, a master bedroom, a bathroom with toilet, three children's rooms, and a balcony. The heating is provided by an oil central heating system. The property is in a highly outdated and neglected condition, requiring significant renovation. Considering the deteriorated state and the high value of the land, a cost-effective renovation is no longer viable. However, after waste disposal and demolition of the existing building, the property could be utilized for a more sophisticated purpose. There are still risks associated with uncertain access possibilities. Price Analysis The property is listed at a price of 310.000€, but given its poor condition and the need for extensive renovations, the actual value may be significantly lower. With a potential 30% discount on the market value, the property could be purchased for 217.000€, excluding notary fees and agent commission. This could be an opportunity for buyers looking to invest in a property with potential for improvement.