Apartment for sale in Witten - Nordrhein-Westfalen, Germany

• Anzahl der Etagen im Haus 2
• Bad 5
• Boden Fliesen, Laminat
• Garten
• Garage/Stellplätze 1
• Keller

Property description: THE GEM! New super price for €1760 per 1sqm². This property needs a little bit of fresh love, but has a very solid building structure. The first apartment is 129sqm³ with two bathrooms, while the second is 109sqm³ with one bathroom and a fireplace. In addition, there are two areas of 22 and 24sqm³ that have been converted into two apartments, like a type of student housing, which could be easily rented out furnished. Behind the house is a garden, and to the right is a garden cottage where the old sauna is still standing. My two neighbors, the house above and the house below, are very nice people with whom you can live well in nature. The heating is an old oil heating system that I planned to exchange for a pellet heating system. You save a minimum of 3.57%, which amounts to €21,000, up to 7.14%, which is €42,000, by purchasing directly from the owner! The measured building plans are available for inspection during viewing, as well as the land register extract. The square meter price here is €1760 per 1sqm², whereas good properties are priced around €3000 per 1sqm for comparison. The correct calculation for the square meter price is: purchase price plus agency fees divided by square meters, resulting in the square meter price. Thoughts on the price: The property is priced at €1760 per 1sqm², which is lower compared to the average of €3000 per 1sqm² for similar properties in the area. Given the potential for rental income from the additional converted areas, as well as the solid building structure and desirable location near nature, this property offers great value for the price. With a few updates and renovations, this property has the potential to be a profitable investment for the future.