House for sale in Herscheid, Germany

Property Description This unique semi-detached house is spread over 1-2 floors and does not have a basement. With an attic and a loft, the property boasts a generous living space of 198 square meters, a garden, and two parking spaces. The exact year of construction is unknown, but an extension was added in 1947 and renovated in 1996. Additionally, there is a garden shed built in 2007. Heating and hot water supply are provided by an oil central heating system, with a fireplace also present in the home. The exterior grounds show signs of neglect in terms of plant care, with a dilapidated wooden shed and damage to the facade cladding, wooden windows, and roof areas. Former shared utility systems with the neighboring property have been disconnected or decommissioned. The property is being auctioned by the local district court with a market value of 200,000 EUR. Buyers may qualify for a 30% discount on the market value, reducing the price to just 140,000 EUR. Notary fees and agency commission are waived in this transaction. This property is one of many interesting listings featured in our monthly affordable real estate auction catalogue. Contact us for more information on how to acquire your dream property at a discounted price. Price Considerations The listed price of 200,000 EUR for this property may seem high at first glance, especially considering the maintenance and repair work required. However, with the potential for a 30% discount, the final cost of 140,000 EUR presents a more compelling investment opportunity. The spacious living area, garden, and parking spaces add value to the property, with the potential for renovation and improvement to increase its overall appeal. Buyers looking for a project property with character and potential will find this semi-detached house in Herscheid to be a promising opportunity.