House for sale in Lutter a. Barenberge, Germany

Property Description: Single-family house with two floors, partially basement, living area of 170.50 m², two garages and four outbuildings, built around the year 1900, garages were built in 2002. Additionally, there is an undeveloped plot of land. The layout includes: In the basement, there is a cellar room; on the ground floor: hallway, guest toilet, two storage rooms, laundry room, dining room, kitchen, and living room; on the upper floor: hallway, bedroom, bathroom/toilet, and four children's rooms. The room layout is unfavorable due to passageways. Heating is done through night storage heaters, electric radiators, and individual stoves. Hot water is provided by a boiler or instantaneous water heater. There is some backlog of repairs and maintenance. Thoughts on Price: The asking price for this property is 89,270 EUR, but the property is being offered at a discounted price through a court auction at 62,489 EUR. With a potential discount of up to 30% off the market value, this property presents a potentially good investment opportunity for buyers looking for a fixer-upper project with the potential for value appreciation. However, it is important to consider the maintenance and repair needs of the property before making a decision to purchase.