House for sale in Wermsdorf, Germany

Property Description: Detached single-family house with two floors, basement, and partially converted attic. The living area is 230 m² and there is an outbuilding (garage). The house was built in 1968 and partially renovated from 1994-2021. The layout includes a hallway, laundry room, anteroom, and four basement rooms in the basement. On the ground floor, there are hallways, a bathroom/WC, a kitchen with pantry, a bedroom, and a living room. Upstairs, there are hallways, a bathroom/WC, a children's room, a bedroom, and a living room. The attic consists of a hallway and two children's rooms. The house has a combination of warm air and electric heating, as well as a solid fireplace in the upstairs area. Hot water is provided by an electric instant water heater and there is a water-bearing, brick-built well on the property. The ground floor is used by external persons (without separation). There are structural defects, and a land consolidation procedure is ongoing. The northwestern part of the property is at risk of extreme flooding from the Döllnitz river. Price thoughts: The listed price for this property is 191,000.00 EUR. However, there is a possibility to secure a 30% discount on the appraised value, making the total cost for the property only 133,700.00 EUR. Additionally, there are no notary fees or agent commissions to be paid. This property is being auctioned by the relevant district court. This property has potential for renovation and offers a spacious living area with various rooms and a garage. The discount on the price could make it a worthwhile investment opportunity for buyers looking to add value through upgrades and repairs. It is important to consider the ongoing land consolidation process and the potential risks associated with flooding in certain areas of the property. For more information and to inquire further about this property, please contact the provided phone number during the specified hours. This property is one of many interesting opportunities featured in our monthly real estate auction catalog. Take advantage of this chance to acquire your desired property at a discounted price. Catalog Information: Phone number: 0221-97459790.