House for sale in Burgdorf, Germany

Property Description: A single-family house (manufactured by Nordhaus as a prefabricated house in wood panel construction) with one floor, a basement, and a converted attic, with a living area of 190 m². Additionally, the property includes a double garage, a shed, and a swimming pool. The house was built in 1978, the attic was converted in 1998, and the exterior cladding was modernized with insulation in 1998. The basement was converted for residential purposes in 2013, and the basement windows were modernized. The layout includes on the ground floor: hallway, cloakroom, guest toilet, master bedroom, bathroom/toilet, 2 children's rooms, kitchen, living room, and a covered patio with a total of 128.01 m². On the attic floor, there is a hallway, a bedroom, another bathroom/toilet, a kitchen/living room, and a terrace with an area of 62 m². The house has gas central heating (renewed in 2013). Both the residential building and the outdoor facilities are in poor condition with significant renovation requirements. There is a backlog of maintenance and a general need for renovation. The equipment of all rooms is in need of significant renovation and modernization. The covered swimming pool in the garden is no longer usable. Price Thoughts: The property is currently being auctioned by the competent local court with a market value of 283,000.00 EUR. There is a possibility of securing up to a 30% discount on the market value, resulting in a purchase price of only 198,100.00 EUR for the above-mentioned property. Notary costs and agency fees are waived in this case. While the property does require extensive renovation and modernization, the discounted price offers a potential opportunity for a buyer looking to invest in transforming the property into a desirable home. Buyers should consider the additional costs of renovations and repairs when evaluating the overall investment in this property.