House for sale in Wallenhorst - Niedersachsen, Germany

• Bad 2
• Bad Wanne, Fenster
• Boden Fliesen, Parkett
• Balkone 1
• Garten
• Keller

Property Description This two-family house was built around 1963 on a 1,001 m² leasehold plot. The leasehold rent is collected quarterly and currently amounts to approximately 245 Euros (approximately 980 Euros per year). The leasehold agreement runs for a total of 99 years and expires on 01.10.2056. The house is in need of renovation and consists of two residential units. The windows in both floors were replaced around 1978 with double-insulated plastic windows with blinds. The ground floor has a living area of approximately 72 m². The daylight bath, original from the construction year, includes a bathtub. The kitchen and dining room are spacious and have access to the covered terrace facing west. Two bedrooms and a large living room with approximately 28.66 m² of living space are part of the ground floor. The living area on the upper floor totals approximately 65 m². In addition to the children's and master bedroom, a small office has been separated from the living room. The living room has access to the balcony, facing south. The bathroom, also original from the construction year, is equipped with a bathtub like the one on the ground floor. The tenancy has been terminated as of 30.09.2024. The attic is accessible via the attic stairs in the hallway and is completely insulated. The entire house is fully basemented. The basement can be accessed from the garden via an external entrance. A gas heating system from 2003 operates in the boiler room. A laundry room, a party room, and additional parking space in the basement are available. Please note the remaining term of the leasehold agreement as well as the conditions for taking out a loan in connection with the security in the leasehold land register. We recommend contacting our financiers or your own financier before the viewing. Thoughts on Price: The price of 169,000 Euros for this property is reflective of its need for renovation and the leasehold nature of the land. The spacious layout and potential for improvement could make this a worthwhile investment for buyers looking to put in some work and add value to the property over time. However, buyers should carefully consider the terms of the leasehold agreement and factor in any additional costs for renovations before making a decision.