Other for sale in Hessisch Oldendorf, Germany

Property Description: This property consists of a two-storey, non-basement two-family house with converted attic and 226 m² of living space, as well as a single-storey restaurant/inn with basement, converted attic, and 329 m² of usable space. Additionally, there is a two-storey half-timbered house without a basement and two poultry barns, built in the late 18th century and 1960. The former barn was converted for residential use in 1972 and later used as a restaurant/inn from 1972 to 1996, with further attic expansion in 1998. The layout of the property includes on the ground floor of the main building a hallway, two storage rooms, two shower rooms, four rooms, a bathroom/ WC, and a kitchen totaling 113.8 m². The attic has a hallway, two shower rooms, four rooms, a kitchen, and a bathroom/ WC totaling 111.8 m². The restaurant has corridors, a heating room, an oil tank, a laundry room, a cellar bar, a breakfast room on 74.4 m². The ground floor has corridors, a WC facility, a dining room, a bathroom/WC, three rooms, and a shower/WC on 185.6 m². The attic of the restaurant has a hallway, a separate WC, three rooms, and a shower/WC on 69.3 m². The heating of the building is provided by an oil heating system from 2002. Both the two-family house and the restaurant building show significant maintenance deficiencies. The half-timbered house, heavily damaged by a fire in 2018, is currently vacant due to its poor condition. Thoughts on Price: The property is being auctioned at a market value of 216,400.00 EUR. However, there is a possibility to secure a 30% discount on the market value, resulting in a purchase price of only 151,480.00 EUR. Notary fees and agency commissions are waived in this case. The property presents a unique investment opportunity for buyers looking to acquire a fixer-upper with potential for restoration and redevelopment.