House for sale in Norderstedt, Germany

Property Description A single-family house with one floor, basement, and converted attic is being sold. The living area is 101.96 square meters. It features a porch extension and a carport from 1962 (the carport was built in 1988). The layout includes in the basement: hallway, 2 cellar rooms, a makeshift bathroom, a makeshift kitchen, a laundry room, and the boiler room. On the ground floor, there is a hallway, a bedroom, a bathroom with toilet, a kitchen, a living room, and the porch. The attic includes a hallway, two children's rooms, another bathroom with toilet, and a chamber. The heating and hot water supply are provided by a gas central heating system. In addition, there is a fireplace with a cassette and a cleaned hearth in the living room. The house has been partially modernized, with most renovations having taken place some time ago. It is foreseeable that further modernization measures will be necessary, especially regarding the bathrooms. The equipment of the house is average. Some minor repairs, touch-ups, and painting work are necessary. Thoughts on Price The listed price of €475,000 seems to be fair considering the size and features of the property. However, given the need for further modernization and repairs, potential buyers may be able to negotiate a lower price. The possibility of securing a 30% discount on the appraised value, bringing the cost down to €332,500, could make this property a more attractive investment opportunity. It is recommended to contact the seller for more information and to schedule a viewing of the property.