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51503 Rösrath
Based on the provided property description, this property appears to be a semi-detached house with approximately 220 m² of living space located on a 866 m² lot in Rösrath. The house is in need of renovation and has a total of 5 rooms, including 4 bedrooms, a bathroom with bath, and a spacious living room with open kitchen. From a real estate investment perspective, this property seems to have potential due to its location in Rösrath and the relatively low price of 449,000€. However, the property's condition requires significant renovation, which could add costs. Moreover, the property might not be as attractive to potential tenants or buyers if it remains in its current state, and thus it may take longer to earn returns on investment or find a buyer. It is also worth considering the local real estate market and the demand for properties in this price range and condition. From a lifestyle perspective, buying this property would provide a unique opportunity to create a custom home within a desirable neighborhood. The renovation of the property could be a personally rewarding project, and the finished result would likely be a comfortable and spacious living space. The property also offers outdoor parking and garage space, which can be particularly valuable in urban areas with limited parking. Overall, the property seems to have potential for both real estate investment and as a lifestyle purchase. However, the renovation costs and the local real estate market should be carefully considered to ensure a successful and profitable investment.
51503 Rösrath