House for sale in Erftstadt, Germany

Property Description: This 2-story, 2-family house features its own garden and terrace, as well as a balcony and adjoining garage with storage space. Built in 1955, expanded in 1998, and renovated in 1999, the house offers a total living area of 200 m². The basement includes a hobby room, two cellar rooms, a laundry room, and a hallway. The ground floor comprises a hallway, bathroom, living/dining room, two bedrooms, and a kitchen. The upper floor and converted attic offer a hallway with wardrobe, storage room, kitchen, dining room, living room, and WC with a total area of 72.72 m², as well as a hallway, bathroom, and 4 additional rooms with an area of 64.76 m². Room heights vary: basement: 2.00 m, ground floor: 2.20 to 2.55 m; upper floor: 2.41 m, attic: 2.36 m; well lit and ventilated. Heating is provided by individual electric night storage heaters, with the living room of apartment no. 2 also having a solid fuel stove. Hot water is generated by an electric instantaneous water heater. The condition of the property includes partly dirty facade paint, mostly removed balcony tiles, a damaged entrance door on the ground floor, partially damaged hardwood floors on the ground floor, and damaged ceiling cladding in the bathroom (possibly due to moisture). Price Thoughts: The property is being auctioned at a market value of €475,000. However, there is a potential for a 30% discount on the market value, allowing buyers to purchase the property for a reduced price of €332,500. Additionally, notary fees and agency commissions are waived. This property presents an interesting investment opportunity for those looking to acquire a spacious home with outdoor amenities at a potentially discounted price.