House for sale in Welver, Germany

Property description: A semi-detached single-family house in a timber frame construction, similar to an end terraced house, spread over 2 floors with a partial basement, a living area of 133 m², and several wooden sheds. The year of construction is unknown, but it is likely from the second half of the 19th century. The layout includes: Basement: hallway, 2 cellar rooms; Ground floor: hallway, heating room, bathroom/ WC, storage room, bedroom, pantry, kitchen, living/dining room; Upper floor: 2 hallways, 4 children's rooms, bathroom/WC. The floor plan design features partially enclosed rooms and room heights ranging from 1.95m to 2.20m. Heating is provided by a gas hot water central heating system from 2023. The interior is overall very simple and shows significant signs of wear and tear. Maintenance work has not been carried out for some time, leading to occasional water ingress into the rooms. The outdoor areas are in a neglected state. Price thoughts: The property is being sold at a market value of 55,000 EUR, but there is a possibility to secure a 30% discount on the market value, reducing the price to only 38,500 EUR. This could be a great opportunity for buyers looking to purchase a property at a discounted price. Additionally, there are no notary fees or agency commissions involved in the purchase. It's important to consider the potential costs of renovations and repairs when evaluating the overall value of the property. The condition of the house and the neglected state of the outdoor areas may require significant investment to bring it up to a desirable standard. Buyers should carefully assess the property's potential and factor in any additional costs before making a decision.