House for sale in Essen, Germany

Property description Single-family house in half-timbered style, one-story with partial basement and converted attic. It has a living area of 202 m² as well as a one-story addition, formerly used as a stable and now serving as a storage room, laundry room, and bathroom, with a total area of 109 m². Two garages, a former blacksmith shop with 58 m² of usable space, and a woodshed complement the property. The main building dates back to 1832, with the addition built in 1952. The layout includes a hallway, a room, a kitchen, and a living room on the ground floor, while the attic consists of a hallway, a bathroom, a separate toilet, and four more rooms, as well as another bathroom/ toilet. Heating is likely provided by an oil heating system, with an additional Swedish stove. The rear part of the attic has also been converted, although no building permit could be found for this. These rooms may only be used as hobby or storage rooms, not living spaces. The house is in need of significant renovation with outdated fixtures. The blacksmith shop is dilapidated, and a full interior inspection was only partially possible. Price thoughts The property is being auctioned at the local district court with a listed market value of 620,000.00 EUR. Buyers have the potential to secure a discount of up to 30% on the market value, bringing the price down to 434,000.00 EUR. Additionally, notary fees and agency commissions are waived. This property offers great potential for buyers willing to invest in renovations and updates. Contact us for more information and take advantage of the opportunity to purchase this property at a reduced price.