House for sale in Monchengladbach, Germany

Property Description: This property is a terraced house with two residential units, two floors, a basement, and a converted attic, including a garden and a corrugated iron garage at the rear of the property. The main house was built in 1910, and the garage was built in 1962. The offering also includes a portion of the access road. The layout of the rooms is as follows: - Basement: Laundry and utility room, two cellar rooms - Ground floor: Entrance hall, bathroom, kitchen, two rooms, terrace, totaling 57.91 m² - Upper floor: Hallway, toilet, kitchen, two rooms, access to the terrace; bathroom, two rooms The monthly rent for the upper apartment is €456.00 plus utility costs. Heating is provided by electric night storage heaters and individual electric heaters. Hot water is supplied by an electric instantaneous water heater. Thoughts on Price: The property is being auctioned at the local court with a market value of €190,000. However, there is a possibility of obtaining a 30% discount on the market value, making the purchase price only €133,000. Additionally, there are no notary fees or agent commission involved in the purchase. This property presents a good opportunity for potential buyers to acquire a valuable asset at a discounted price.