House for sale in Wermelskirchen, Germany

Property Description Spacious and well-equipped 2-family house on one level with a basement and converted attic. The living space is 195 m². The property features a wooden garden house with a sitting area for BBQs and a double garage behind it. The building was constructed in 2014/15 as a replacement for a 17th-century half-timbered house that burned down. Additionally, there is a outbuilding from the 1920s-30s and the garage was built in 1994. A renovation in the basement was carried out in 2018. The layout includes on the basement level: hallway, utility room, laundry room, 2 basement rooms. In the guest apartment, there is a bedroom, a shower room with WC, a living room with kitchenette (30 m²). On the ground floor, there are a hallway, bedroom, bathroom/WC, study, storage room, kitchen, living/dining room and a balcony (total of 83 m²). The attic includes a hallway, a bedroom, a bathroom/WC, a living/dining room with kitchenette, and a balcony (Total of 82 m²). Heating and hot water are provided by a gas central heating system with underfloor heating in the living areas. The electrical installation includes a bus system, allowing for the electricity supply to be separated from the main line and operated with a backup generator. The 30 m² apartment in the basement still requires a building permit, and the main house and garage must be officially approved. The property appears very well-maintained both inside and out. Price Thoughts The property is currently being auctioned off by the local court with a market value of 535,000.00 EUR. There is a possibility to secure a 30% discount on the market value, reducing the price to only 374,500.00 EUR. Additionally, notary fees and brokerage commissions are waived. This property represents a great opportunity to acquire a desirable real estate at a discounted price.