House for sale in Meschede, Germany

• Keller

This property is a 1-floor, 2-bedroom, 135m² unknown-age maisonette with a 1975 annex, located at 59872 Meschede. It has a basement, a storage room, and a garage. The property features an extension built around 1975, and it needs significant maintenance due to a substantial cellar dampness issue. The property is priced at 75,000€. From a real estate investment perspective, this property has several positives: it is relatively priced, has a 135m² of living space, and comes with a basement, storage room, and garage, providing potential income with additional occupancy. However, the significant growth potential is limited due to the urgent need for immediate repairs and renovations to fix the dampness issue. Additionally, there has been no opportunity for an interior inspection, which raises concerns about unknown structural problems that could lead to additional costs. As a lifestyle purchase, this property has the potential to provide a cozy and spacious living environment, suited for a small family or a couple. However, the need for immediate repairs and renovations may lead to potential discomfort during the improvement process. Additionally, the location in 59872 Meschede might have limited appeal to some buyers, depending on their preferences and requirements. Ultimately, the buyer must consider the long-term benefits, potential costs, and suitability of the property for their lifestyle.