House for sale in Obernkirchen, Germany

Property description: Detached corner bungalow with one floor, basement, and converted attic, offering a living space of 165 sqm, equipped with a terrace, attached double carport, and garden house. Built in 1979, attic conversion was done in 2001. Additionally, a photovoltaic system is installed for 8,100 EUR. Layout: Basement with boiler room, oil storage room, WC, utility rooms, and swimming pool (74 sqm); ground floor with hallway, cloakroom, storage room, WC, kitchen, and 4 rooms (149 sqm); attic with hallway, bathroom, kitchen, and 3 rooms (91 sqm). Heating and hot water are provided by an oil central heating system. Interior inspection was not possible. There is a possibility that the rooms in the attic do not meet the requirements for living spaces according to the building regulations in Lower Saxony. The swimming pool has been out of operation since around 1985. The residential building requires significant maintenance, including modernization and renovation, as well as a backlog of repairs and renovations. The outdoor areas are highly neglected, overgrown, and wild. Price thoughts: The property is listed at a price of 252,100 EUR. Considering the significant maintenance and renovation needed, including the inoperative swimming pool and neglected outdoor areas, the price seems high. However, there is an opportunity for a potential discount of up to 30% on the listed price, bringing the cost down to 176,470 EUR. This discount, along with the waiver of notary fees and agent commission, could make the property a more attractive investment for someone willing to undertake the necessary repairs and improvements. Please reach out for further details or to schedule a viewing.