House for sale in Schieder-Schwalenberg, Germany

Property Description: This property is a leasehold for a 2-family house, single-storey with a partial basement and converted attic. The living area is 150 square meters and the total area is 74 square meters. The house features a balcony, a terrace, a garden, a wooden garden house, two corrugated iron garages, and a garage complex with three parking spaces and a storage room. The building was constructed in 1959, with the garages added in 1962. The layout is as follows: The basement features a hallway, two cellar rooms, the boiler room, and the laundry room. The ground floor includes hallways, a storage room, a bathroom, a kitchen, a dining room, a bedroom, and a living room. The attic consists of a hallway, a bathroom, a kitchen, an apartment with a toilet/shower, two bedrooms, and a living room. The apartments are heated with gas floor heaters, each with its own gas boiler. Some building defects and damages have been identified, including moisture damage to the exterior walls at the base (up to a height of 1m), a vertical masonry crack in the ground floor annex connection, uneven floor coverings with heavy wear, missing verge boards and broken tiles on the roof covering, as well as insufficient sound and thermal insulation. The leasehold is valid for 99 years, until December 31, 2058. Price Thoughts: The property is listed at a market value of 100,000 euros. There is a possibility of securing a 30% discount on the market value, reducing the price to 70,000 euros. Additionally, there are no notary fees or broker commissions involved in the purchase. This property presents a unique opportunity for buyers looking to acquire a fixer-upper at a discounted price. Overall, this property offers potential for renovation and improvement, making it a worthwhile investment for the right buyer. Interested parties are encouraged to explore this opportunity further and consider the potential for value appreciation through renovations and upgrades.