Property description: 

This multiple-family house, built in 1973, consists of 11 units spread across 4 floors with a total living space of 761m². The property includes a basement and is partially underground. In addition, there are 8 garages and 2 outdoor parking spaces. At the time of the valuation, the property is fully rented out, providing a steady source of income for any prospective buyer.

The price of 667.000€ seems reasonable considering the size of the property, the number of units it offers, and the fact that it is fully rented out. With a potential for a steady rental income stream, this property could prove to be a lucrative investment opportunity. However, it is always advisable to conduct your own due diligence and consult with a real estate professional before making any final decisions.

Objektbeschreibung                          Mehrfamilienhaus, Baujahr: ca. 1973, 11 Einheiten, 4 Etage(n), Wohnfläche: 761m², Keller/teilunterkellert, 8 Garagen, zum Zeitpunkt der Wertermittlung voll vermietet, sowie 2 PKW-Stellplätze im Freien

House for sale in Vlotho, Germany

Property Description
Detached flat-roof bungalow with a separate granny flat in the basement, all on one level with a cellar included. The property boasts a living area of 165.83 m², as well as a balcony and carport. Built in 1964, the layout includes a basement with a hallway, utility room, bathroom with shower, 2 rooms totaling 57.08 m²; and a ground floor with an entrance hall, 2 corridors, bathroom, WC, storage room, 3 bedrooms, kitchen, dining room, living room, totaling 108.75 m². Heating and hot water are provided by a gas central heating system from 1990. The cellar, which was originally designed for a garage and storage rooms, has been well-renovated and could easily be converted into a granny flat. The carport is not directly accessible from the property.

Price Consideration
The property is being offered at a starting price of 147,000.00 EUR, but there is potential to secure a 30% discount on the valuation, bringing the price down to just 102,900.00 EUR. Notary fees and agency commissions are also waived, making this property a cost-effective investment opportunity. This property is just one of many exciting listings featured in our monthly real estate auction catalog. Contact us now to secure more details and potentially acquire your dream property at a discounted price.

Objektbeschreibung                          Freistehender Flachdachbungalow mit separater Einliegerwohnung im Untergeschoss, ebenerdig, Keller vorhanden, Wohnfläche von 165,83 m² sowie Balkon und Carport, Baujahr 1964. Aufteilung: Untergeschoss mit Diele, Hauswirtschaftsraum, Badezimmer mit Dusche, 2 Zimmer, insgesamt 57,08 m²; Erdgeschoss mit Windfang, 2 Fluren, Badezimmer, WC, Abstellraum, 3 Schlafzimmern, Küche, Esszimmer, Wohnzimmer, insgesamt 108,75 m².Die Beheizung und Warmwasserversorgung erfolgen über eine Gas-Zentralheizung aus dem Baujahr 1990. Laut den Bauzeichnungen sind im Keller eine Garage und Kellerräume eingezeichnet und genehmigt. In der Realität ist der Keller jedoch ausgebaut, gut belichtet und verfügt über ausreichende Deckenhöhen. Daher könnte eine Umnutzung zu einer Einliegerwohnung ohne großen Aufwand genehmigt werden. Der Carport ist nicht direkt vom Grundstück aus erreichbar.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 147.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 102.900,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

 This property is a detached flat roof bungalow with a separate apartment on the ground floor, which provides an ideal opportunity for dual income or private living quarter, not to mention the Keller that offers ample storage space. The property is advertised to have a total living area of 165.83 m², which translates to a smart space with good fenestration and comfortable rooms. The finances of the property look appealing with a price tag of 147.000€, especially when taking into account the potential after-shave earnings.

Looking at it as a lifestyle purchase, it presents spacious and comfortable living conditions for a family seeking the serenity of suburban living, yet in close proximity to amenities. The presence of a carport is an added bonus for people preferring private transport. The relatively low price in relation to its par value and size is quite attractive to potential buyers hoping for value for money. The estimated price reduction of 30% provides a buying-in price of 102,900€ which is a fantastic opportunity for those considering this property.

From an investment perspective, considering the much lower price compared to the estimated value, it could turn out to be an excellent deal, considering that the current market is tilted in favor of buyers who are price-sensitive. Though the area does not specify as much, being a bungalow in Germany certainly has its perks, like lower maintenance cost, comfortable living year-round, and high demand, especially among families with children.

The presence of a garage and storage areas in the cellar also creates a positive image for potential future rentals. With adjustments and approvals where necessary, the cellar could serve as another rental unit, adding an extra stream of income for the owner. The property is due to go under auction, which could also work in the buyer's favor by adding urgency to the process, potentially leading to lower bids. All in all, this property presents a fantastic opportunity for both lifestyle and investment purposes.

Property Description:
A detached multi-family house with 11 apartments located on a hillside, spread across three floors and partially basement. The living spaces range from 38 to 90 m², totaling 761 m². In addition, the building has balconies, 8 garages, and 4 outdoor parking spaces. It was built in 1973. The heating is done through a gas floor heating system from Vaillant. Some balcony floor coverings need to be replaced, and there are color peelings on the balcony ceilings. There is a moisture damage in the bathroom ventilation system of the apartment on the middle 2nd floor. Light cracks are visible on the façade. The depreciation due to the damages has been taken into account.

Price Thoughts:
The listed price for this property is 667,000 euros. However, there is an opportunity to secure a 30% discount on the market value, bringing the price down to 466,900 euros. Additionally, there are no notary fees or agent commission to be paid. This property has potential for renovation and improvement, offering a great opportunity for investment at a reduced price. Contact us for more information on how to acquire this property through the auction process.

Objektbeschreibung                          Ein freistehendes Mehrfamilienhaus mit 11 Wohnungen in Hanglage, verteilt auf drei Etagen und teilweise unterkellert. Die Wohnflächen variieren von 38 bis 90 m² und insgesamt umfassen sie 761 m². Zusätzlich verfügt das Gebäude über Balkone, 8 Garagen und 4 Außenstellplätze. Es wurde im Jahr 1973 erbaut.Die Beheizung erfolgt über eine Gas-Etagenheizung von Vaillant. Einige Balkonbodenbeläge müssen erneuert werden, zudem zeigen die Balkondecken Farbablösungen. Im Bereich der Zwangsentlüftung des Badezimmers der Wohnung im mittleren 2. Obergeschoss besteht ein Feuchtigkeitsschaden. An der Fassade sind leichte Risse erkennbar. Die Wertminderung aufgrund der Schäden wurde berücksichtigt.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 667.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 466.900,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

Property Description:
A detached multi-family house with 11 apartments on a slope, spread over three floors and partially basement. The living spaces range from 38 to 90 m² and in total they cover 761 m². In addition, the building has balconies, 8 garages, and 4 outdoor parking spaces. It was built in 1973. Heating is provided by a gas floor heating system from Vaillant. Some balcony floor coverings need to be renewed, and there are color peelings on the balcony ceilings. There is a moisture damage in the forced ventilation system of the bathroom of the apartment on the middle 2nd floor. Light cracks are visible on the facade. The value reduction due to the damages has been taken into account.

Price Thoughts:
The asking price for this property is 667.000€. Considering the mentioned damages and necessary renovations, the property seems to be priced fairly. Buyers have the potential to secure a 30% discount on the market value, bringing the price down to 466.900€. Additionally, there are no notary fees or agent commission involved in the purchase. It is advisable for interested buyers to explore this opportunity further and consider the potential for a profitable investment.

 From a buyer's perspective, this property, located in Vlotho, is an impressive single-family home with a self-contained apartment featuring a living area of approximately 166m². The property, built in 1964, comes with a full-basement and a carport, offering ample space for both storage and parking. The home's generally defined structure and layout indicate that it might require some refurbishment or upgrading to meet individual taste or preference, providing a potential opportunity for added value for the right investor. As a lifestyle purchase, it offers the convenience of having a separate living area and can also be used for additional income. The area's proximity to the city might be appealing to those looking for a quiet, local countryside vibe while still being close enough to urban conveniences. For a real estate investment, the property's location and potential for renovation could present a relatively low-risk opportunity with the potential for added value and rental income. However, further market research, financial analysis, and a thorough property inspection would be necessary to make a well-informed investment decision.

Objektbeschreibung                          Einfamilienhaus mit Einliegerwohnung, Baujahr: ca. 1964, Wohnfläche: 166m², Keller/vollunterkellert, Carport vorhanden

House for sale in Vlotho, Germany

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