House for sale in Engelskirchen, Germany

Property Description: Single-storey detached house with a granny flat and basement, as well as an attic conversion. The living space is 67/54 m², including a balcony, terrace, and garden. In addition, the house has two parking spaces and was built in 1958. Heating is provided by a gas central heating system from 2011, and hot water is provided by an electric instant water heater. The property receives good to adequate sunlight and exposure. There is a significant need for repairs and modernization, both in terms of general maintenance and renovation work. The access to the property is secured by an easement, but the path must be renovated or restored. In addition, a missing and urgently needed development charge must be obtained. Price thoughts: The property is listed for sale at 147.000€, however, there is potential to secure a 30% discount on the market value, bringing the price down to 102.900€. This makes it an attractive opportunity for buyers looking to invest in a property with renovation potential. Additionally, the property is being auctioned by the local court, presenting a unique chance to acquire a property at a discounted rate compared to traditional sales. With some renovation work and modernization, this property has the potential to be a valuable investment in a desirable location.