House for sale in Koln, Germany

Property Description: Semi-detached single-family house with two floors, partially basement, with a living area of 62 m², including a covered terrace, garden, and two sheds. The exact year of construction is unknown, but an extension towards the street side (basement and ground floor) and an extension in 1952 are known. The layout of the rooms is as follows: In the basement, there is a bathroom, a laundry room, and a heating/storage room; on the ground floor, there is a kitchen/entrance area, a hallway, a room, and two rooms facing the garden; on the upper floor, there is a hallway, a toilet, and two more rooms. The heating is done by a gas warm air heating system, and hot water is provided by a water heater. Two rooms facing the garden are currently not connected to the main house and can only be accessed through the neighboring house. The garden area is currently only accessible from the neighboring property and the public footpath. There is an encroachment where a part of the neighboring house is included on an area of 2.5m x 3.5m. Price Thoughts: The property is being auctioned at a listed market value of 410,000.00 EUR. However, buyers have the opportunity to potentially secure a 30% discount off the market value, allowing for a purchase price of only 287,000.00 EUR. In addition, notary fees and real estate agent commissions are waived. This property presents a unique investment opportunity for interested buyers looking to acquire a property at a reduced cost. Contact us for further details and to learn more about this and other properties listed in our monthly real estate auction catalog.