House for sale in Witten, Germany

Property Description: Two-story single-family house with basement and converted attic, additionally with a one-story annex without basement (with separate entrance) and a total living space of 182 m². It also includes three garages. The building was built in the early 1900s as an approved three-family house and expanded in 1989 with two dormer windows. The layout includes on the ground floor: hallway, bathroom, laundry room, courtyard, boiler room, kitchen, and three rooms. Upstairs, there is a hallway, a bathroom, a kitchen, and three rooms, while the attic houses a hallway, a bathroom, a bedroom, and a living room with kitchen. The renovation work is not yet completed; there is a significant need for maintenance, as well as a potential risk in mining. Thoughts on Price: The property is being auctioned at the local district court for €263,000. However, there is a possibility to secure a 30% discount on the market value, bringing the price down to €184,100. This could be a good opportunity for buyers looking for a project property with potential for renovation and improvement. It's important to consider the additional costs for maintenance and potential risks associated with the property's history.