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58456 Witten - Nordrhein-Westfalen
Property description: This semi-detached house is in need of some love and attention, but has a very good structural integrity. The first apartment is 129m² with two bathrooms, the second is 109m² with one bathroom and a fireplace. In addition, there are two areas of 22m² and 24m² that have been converted into two separate apartments, ideal for renting out to students. Behind the house is a garden, and to the right is a garden hut where the old sauna is still intact. My two neighbors, the house above and the house below, are very friendly people with whom one can enjoy living in nature. The heating system is currently an old oil heating system, which I plan to replace with a pellet heating system. You can save between 3.57% (€21,000) and 7.14% (€42,000) by purchasing directly from the owner. The detailed building plans are available for inspection during viewings, as well as the land registry extract. The price per square meter is €2,100, and the calculated price per square meter is the purchase price plus any agent fees, divided by the total square meters of the property. Thoughts on price: The property is priced at €599,000, which may seem high at first glance. However, considering the size of the property, the potential for rental income from the additional apartments, the peaceful surroundings, and the opportunity to increase energy efficiency with a new heating system, this price could be justified. Additionally, the savings from purchasing directly from the owner are a bonus. Overall, this property has a lot of potential for both residential living and investment purposes.
58456 Witten - Nordrhein-Westfalen