House for sale in Elkenroth, Germany

This property, located in Elkenroth, is a semi-detached house with a total living area of 126 m², comprising a main house with one floor and an attached outbuilding with another floor. The property includes a garden and a garage. The main house was built in 1955, with the annex added in 1978. It was modernized in 2020, including updates to the roof gutter and some windows. The property is heated by a wood-fired stove, and there are ongoing structural issues that need to be addressed. For a buyer's perspective, this property offers a mix of potential advantages and drawbacks. With an estimated market value of 82,000€, the buyer may be able to negotiate a discount of up to 30%, bringing the final purchase price to 57,400€. The property provides adequate living space and a garden, making it suitable for a family or someone looking for a larger home. It may require some renovation work to address the structural issues and modernize some aspects of the property. For a real estate investment, the property's potential return will depend on the buyer's ability to renovate and modernize it to attract tenants. The location may appeal to potential renters, but the property's condition requires consideration. The buyer will need to weigh the potential rental income against the costs of any needed renovations. For a lifestyle purchase, the property offers a comfortable living space with a garden and a garage. The attractive price may appeal to buyers looking to upgrade to a larger home or those interested in the area. However, buyers should be aware of the ongoing structural issues and the need for potential renovation work.