House for sale in Solingen, Germany

Property Description: A two-story detached two-family house with a basement and a gross floor area of 272 m² including two garages and two parking spaces, as well as a shed. The house dates back to 1904 and was converted in 1952 to turn a stable into living space. A renovation took place from 1980 to 1985, during which the roof, facade, and windows were replaced. It has been unoccupied for several years. The house is heated by a gas heating system and has a fireplace on the ground floor. Warm water is provided in the ground floor by the heating system and in the upper floor by a boiler. The attic is partially finished but does not offer suitable living space, although it could be developed. The building is in a heavily worn state and requires urgent renovation work. The property is overgrown and needs to be cleared. The rear of the property (north side) steeply borders the Itter river. Thoughts on Price: The property is being sold through the local court auction at a listed price of 212,000 EUR. However, there is a possibility of securing a 30% discount on the listed price, bringing the cost down to 148,400 EUR. This property is in need of significant renovation and landscaping, which should be taken into consideration when evaluating its value. It may be a good investment opportunity for those willing to put in the effort to restore and improve the property.