House for sale in Grevenbroich, Germany

Description: This two-storey, basement single-family house (condominium unit no. 1) offers a living space of 110.01 m². The house was likely built around 1930 and includes a garage. The layout consists of a hallway and three basement rooms. On the ground floor, you will find a hallway, a kitchen, a living/dining room, and a terrace/courtyard with an area of 57.84 m². Upstairs, there is a hallway, a master bedroom, a bathroom/ WC, and two children's rooms with a total area of 52.17 m². Please note that there is no heating or hot water supply in the property. The property has shown signs of mold formation near the window-wall connections as well as typical moisture damage on the basement walls, such as peeling plaster and masonry joints. The total land area is 1,060 m², but only a share of 100/313 of the property will be acquired. Thoughts on Price: The property is being auctioned by the local district court at a traffic value of 158,000.00 EUR. However, there is a possibility to secure a 30% discount on the traffic value, bringing the price down to 110,600.00 EUR. Additionally, notary fees and agent commission are waived. This property presents a unique opportunity for potential buyers to acquire a home at a discounted price and make it their own. It's important to weigh the potential renovation costs and repairs needed due to the identified issues, but with the discount offered, it could be a great investment for the right buyer.