House for sale in Koln, Germany

Property Description: This semi-detached house is perfect for a family, spread over 2 floors with a basement and converted attic, totaling 143.23 m² of living space. The building also has a two-story annex without a basement (used as a party room and bathroom), a garage, a parking space for a car, and a garden. The main house was built in 1924, with the annex added in 1949. Layout: In the basement, there are hallways, cellar rooms, the boiler room, and utility connections. On the ground floor, there is an entrance hall, storage room, toilet, shower room, a room, and the kitchen. Upstairs, there is a hallway, a toilet, a kitchen, and 3 rooms. The converted attic includes a hallway and 2 rooms. The heating and hot water system are operated by a gas central heating system manufactured by Buderus, dating back to around 1981. There is a significant need for maintenance and modernization in all areas, as well as building defects and damages that have only been moderately maintained. Price Thoughts: The property is currently listed at a value of 700,000 EUR and is going to auction at the local district court. However, there is a possibility to secure a 30% discount on the market value, bringing the price down to 490,000 EUR. Notary fees and agent commissions are also waived in this opportunity. Overall, this property presents an interesting opportunity for buyers looking to invest in a spacious family home with potential for renovation and improvement. Take advantage of this chance to acquire your dream property at a discounted price. Contact us for further information on this listing and other properties available in our monthly real estate auction catalog.