House for sale in Gummersbach, Germany

Property Description A detached single-family house in half-timbered style, one-story with a basement and converted attic, with a living area of 124 sqm and a usable area of 70 sqm. The house has 2 parking spaces and was built in the year 1900. The layout includes on the ground floor a hallway, a bathroom, a kitchen-living room, and 3 living rooms. The attic contains a hallway, another bathroom, an office, and 2 bedrooms. The building is currently rented out and has deficiencies in the external structure as well as a significant maintenance backlog. However, the interior spaces are in decent condition. Price Thoughts The property is listed at a market value of 179,000 EUR. With a potential discount of up to 30%, the final price could be as low as 125,300 EUR. Additionally, there are no notary fees or agency commissions involved in the purchase. This could be a great opportunity for buyers looking to acquire a property at a discounted rate. Overall, this property offers potential for investment but may require some renovation and maintenance work. With the right improvements, it could become a valuable asset in a desirable location like Gummersbach.