House for sale in Herdecke, Germany

Property Description A one to two-family house with one floor and a basement, located in Herdecke, 58313. The property boasts a total floor area of 435 m², including a terrace, an extension, and three garages. In addition, there is a wooden garden house and a shed on the premises. Built in the early 1900s, the house features night storage heaters for heating and a fireplace in the living room on the ground floor. However, there is a significant backlog of repairs needed, primarily focused on facade and moisture damage to the basement walls. Further development costs are also required. Price Analysis The property is currently listed for sale with a market value of 270,000.00 EUR. Interested buyers may have the opportunity to secure a 30% discount on the market value, resulting in a purchase price of only 189,000.00 EUR. Additionally, there are no notary fees or agency commissions to be paid. Overall, the property presents potential buyers with the chance to acquire a spacious home with unique features at a discounted price, making it a promising investment opportunity in the real estate market.