House for sale in Lindlar, Germany

Property Description: This two-storey residential building with a cellar vault offers a living space of 158 sqm and includes a shed with a roof terrace of 16 sqm. The building was built before 1900 and has parking facilities on the property. On the ground floor, there is a hallway, a bathroom, a laundry room, a storage room, and three rooms. Upstairs, there is a hallway, a kitchen, three bedrooms, and a living/dining room. The house is currently heated by individual stoves, with some areas of the house remaining unheated. In the garden, there is a liquefied gas tank. There are various construction defects and damages, including extensive painting and interior finishing work on the ground floor, as well as finishing work on the wall coverings of the new windows upstairs. Additionally, repair and painting work must be carried out, and the electrical system must be inspected and repaired. Price Thoughts: The property is being auctioned by the local district court with a market value of €169,000. However, there is a potential discount of up to 30% on the market value, resulting in a price of only €118,300 for the property. Furthermore, there are no notary fees or agency commissions to be paid. This property offers potential for improvement and renovation, making it a great opportunity for buyers looking to invest in a property with value-added potential.