House for sale in Koln, Germany

Description: Single-family house attached on one side with two floors, partially basement, living area of 62 sqm, including a covered terrace, garden, and two sheds. The exact year of construction is unknown, but an extension towards the street side (basement and ground floor) and a construction in 1952 have been carried out. The layout is as follows: In the basement, there is a bathroom, a laundry room, and a heating/storage room; on the ground floor, there is a kitchen/entrance area, a hallway, a room, and two rooms facing the garden; on the upper floor, there is a hallway, a toilet, and two additional rooms. The heating is provided by a gas warm air heating system, and hot water is generated by a tankless water heater. Two rooms facing the garden are currently not connected to the extended main house and are only accessible through the neighboring house. The garden area is currently only accessible from the neighboring property and the public footpath. There is an encroachment where a part of the neighboring house is included in an area of 2.5 m x 3.5 m. Thoughts about the price: The listed price for this property is 410,000 EUR. However, there is an opportunity to potentially secure a 30% discount on the market value, bringing the price down to 287,000 EUR. Additionally, notary and brokerage fees are waived. This makes the property a potentially attractive investment opportunity for buyers looking to acquire real estate at a discounted price.