House for sale in Stadthagen, Germany

Property description: Detached 2-family house with one floor, partially basement and converted attic. The living space is 197 m² and it has an outbuilding with 84 m² of usable space as well as a side extension (storage room, garage) with 66 m² of usable space. The building was built before 1928 as a former slaughterhouse and cattle house, and converted for residential purposes in 1958. The side extension was added between 1928 and 1946. The layout comprises on the ground floor: hallway, bedroom, bathroom/ WC, 2 children's rooms, kitchen, living room totaling 97 m². In the attic, there is a hallway, bedroom, bathroom/WC, 3 children's rooms, storage room, kitchen and living room totaling 100 m². The heating and hot water supply are provided by gas central heating systems, which were renewed between 1990 and 1996. The outbuilding was illegally converted into living space without permission and is currently only used as storage or storage space. There are structural and moisture damages, including damages to the facing facade, especially in the area of the window sills and the cladding of the gutters. In addition, there are moisture problems in the basement. Price Thoughts: The property is being auctioned by the competent district court with an estimated market value of 147,000.00 EUR. There is a potential discount of 30% on the market value, allowing the property to be purchased for only 102,900.00 EUR. In addition, notary fees and agency commissions are waived. It is important to consider the existing damages and the potential costs for repairs and renovations when evaluating the overall investment in this property. It is recommended to thoroughly inspect the property and consult with professionals before making a decision to purchase.