Property Description:
This narrow single-family house, presented in the form of a semi-detached house, extends over one floor and has a partially basement area as well as a converted attic. The exact year of construction is unknown. The layout includes a hallway, a guest toilet, a kitchen/living room, a bathroom with toilet, and a living room on the ground floor. Upstairs, there is a hallway, a bedroom, a storage room, a children's room, and a terrace. The floor plans depicted in the building permit plans from 17.09.1967 do not correspond to the actual condition of the property. The residential building is in a highly dilapidated state. The southern part of the property (approx. 750 m²) is completely overgrown with bushes and shrubs. The land use plan stipulates that this southern area of the property serves as a permanent allotment garden and protected green space.

Thoughts on Price:
The property is listed at a price of 94.000€, however, it is important to note that the property is being auctioned off by the competent district court. The assessed market value is 94.000,00 EUR, but there is a potential for a 30% discount, bringing the price down to 65.800,00 EUR. Additionally, there will be no notary fees or agent commission required. This property represents an opportunity for buyers looking for a project to renovate and restore a home to its former glory. It is important for potential buyers to consider the costs of repairs and renovations in relation to the discounted price offered through the auction process.

Objektbeschreibung                          Das schmale Einfamilienhaus, das sich in Form einer Doppelhaushälfte präsentiert, erstreckt sich über ein Geschoss und verfügt über einen teilweise unterkellerten Bereich sowie ein ausgebautes Dachgeschoss. Das genaue Baujahr ist nicht bekannt. Die Raumaufteilung umfasst einen Flur, ein Gäste-WC, eine Wohnküche, ein Badezimmer mit WC und ein Wohnzimmer im Erdgeschoss. Im Obergeschoss befinden sich ein Flur, ein Schlafzimmer, ein Abstellraum, ein Kinderzimmer und eine Terrasse.Die Grundrisse, die in den Bauantragsplänen vom 17.09.1967 dargestellt sind, entsprechen nicht dem tatsächlichen Ausbauzustand. Das Wohnhaus befindet sich in einem stark baufälligen Zustand. Der südlich angrenzende Teil des Grundstücks (ca. 750 m²) ist komplett verwildert, von Büschen und Sträuchern überwuchert. Im Flächennutzungsplan ist vorgesehen, dass diese südliche Grundstücksfläche als Dauerkleingarten und geschützter Grünbestand dient.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 94.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 65.800,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

House for sale in Olbronn-Durrn, Germany

Property Description

This narrow single-family house, presented in the form of a semi-detached house, extends over one floor and has a partially basement area as well as a converted attic. The exact year of construction is unknown. The layout includes a hallway, a guest toilet, a kitchen-living area, a bathroom with toilet, and a living room on the ground floor. Upstairs, there is a hallway, a bedroom, a storage room, a children's room, and a terrace.

The floor plans, as shown in the building permit plans dated 17.09.1967, do not correspond to the actual condition of the house. The residential building is in a highly dilapidated state. The southern part of the property (approx. 750 m²) is completely overgrown with bushes and shrubs. According to the land use plan, this southern plot area serves as an allotment garden and protected greenery.

Thoughts on Pricing

The property is currently being auctioned by the competent district court at a market value of 94,000.00 EUR. Potential buyers have the opportunity to secure a 30% discount on the market value, effectively reducing the purchase price to 65,800.00 EUR. Additionally, notary costs and agency fees are waived, making this a potentially attractive investment opportunity for those willing to undertake renovation and landscaping efforts.

Overall, while the property may require significant renovations and landscaping work, the discounted price offers potential for a bargain investment. Interested buyers are encouraged to explore further details in the monthly real estate auction catalog for more cost-effective property acquisition opportunities.

 As a potential buyer, the property you've described seems to present a unique opportunity with some challenges. The property is an old, semi-detached house that needs significant repairs and renovations, both internally and externally. The property sits on a plot of land that is mainly covered with wild vegetation and has room for an additional garden.

From an investment perspective, this property may not be the best choice, as it requires considerable capital investment for renovation and might take some time before you can see a return. However, with the right vision and budget, this property could be transformed into a comfortable and modern home with a potential increase in value over time. Additionally, with the additional allotment for a private garden, it could also appeal to families and those seeking privacy.

From a lifestyle perspective, the property might not be ideal for those looking for a move-in-ready home, as it needs extensive work. However, for individuals who are willing to put in the effort and are interested in crafting their own living space, this property could provide a unique opportunity to create the home of their dreams. The additional allotment for a garden could provide a great outdoor living space for relaxation and recreation.

The suggested auction price is 94,000 EUR. With a suggested 30% reduction on the market value, you could potentially purchase the property for 65,800 EUR. Please take into account that this estimate does not include the potential costs of repairs and renovations, as well as potential additional costs like notary fees and real estate agent commission.

Overall, this property could be an excellent investment opportunity for those who are looking for a project and have the resources, time, and expertise to renovate and bring it back to its potential glory. However, for those looking for a hassle-free purchase and immediate occupancy, this might not be the ideal property.

House for sale in Olbronn-Durrn, Germany

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