House for sale in Weinheim, Germany

Property Description: Two-story single-family house with a steep slope, basement, and a living area of 150 sqm. Additionally, there is an annex with two basement garages, single-story, basement, with a living or usable area of 45/45 sqm. The year of construction is unknown, but the annex was modernized in 2002. The layout includes on the ground floor a hallway, a bathroom/toilet, a kitchen, and a living/dining room. On the upper floor, there is a hallway, four rooms, and access to the terrace of the annex. The heating is provided by an oil central heating system. The building condition ranges from satisfactory to poor, with significant maintenance backlog and renovation needs. The garden areas and plantings are rudimentary and heavily overgrown. There may be significant disruptions from road traffic. Price Thoughts: The property is currently listed for sale at 290.000€. Considering the condition of the building and the extensive renovation and maintenance required, this price may seem somewhat high. However, it is worth noting that there is potential for a 30% discount on the listed price through a judicial auction, bringing the final cost down to 203.000€. This significantly lower price, along with the opportunity to avoid notary fees and agency commissions, makes this property a potentially attractive investment for buyers willing to take on the necessary repairs and improvements.