House for sale in Hiddenhausen, Germany

Property Description: Two-story single-family house with a basement and converted attic, with a living area of 213 sqm, including a balcony, winter garden, paved terrace, garden, and garage. The building was estimated to be built in 1895, with the dormer added in 1954, the garage built in 1969, and an extension of the garage in 1974. The winter garden dates back to 1992. The layout includes two hallways, a shower room, a bedroom, a living and dining room with a stove and open fireplace on the ground floor; while the attic floor has a hallway, loft, a bathroom, and five rooms. The apartment is heated by night storage heaters, with the winter garden remaining unheated. Hot water is provided by a water heater. Underfloor heating is prepared for installation in the hallway and living room. The condition of the property is basic, with renovation and modernization needed. Thoughts on Price: The property has a market value of 200,000.00 EUR and is currently being auctioned by the local court. There is a potential discount of 30% off the market value, allowing the buyer to acquire the property for only 140,000.00 EUR. Additionally, there are no notary or brokerage fees involved. This presents a great opportunity for a buyer looking to invest in a property with potential for renovation and improvement. With the right updates and renovations, this property has the potential to increase in value over time. It is a worthwhile investment for someone willing to put in the effort to transform it into their dream home.