House for sale in Rinteln, Germany

Property Description A detached single-family house with one floor and a basement, featuring a living area of 129 square meters and a utility area of 18 square meters, as well as an annex with a utility area of 26 square meters. The house was built in 1970 and the garages were renovated in 2018. There is also an undeveloped piece of land included. The layout includes in the basement: entrance area, hallway, utility room, laundry room, totaling 18 square meters; two finished rooms, bathroom/ WC, totaling 53 square meters; on the ground floor: hallway, guest WC, bedroom, bathroom/ WC, children's room, kitchen, living room, winter garden, totaling 76 square meters. Heating is provided by an oil heating system from 1995, with an additional connection for a wood stove. The annex features a non-functioning (decorative) fireplace. The main house is in a condition appropriate for its age, while the annex is considered to be in poor condition. There is some significant deferred maintenance and a general need for modernization and renovation in certain areas. The exterior grounds appear slightly neglected, with the rear part of the undeveloped land overgrown and not buildable. Price Thoughts The property is listed for a price of 162,000 EUR, with the potential to secure a 30% discount on the appraised value and pay only 113,400 EUR for the property. Additionally, there are no notary fees or agent commissions to be paid. This property presents an opportunity for buyers looking to acquire a fixer-upper at a potentially discounted rate, with room for improvement and customization.