House for sale in Peine, Germany

• Terrassen 1
• Keller

Property description: The property for sale consists of a residential building (classic settlement house, fully basemented) and a garage building on the plot. The residential house is empty and vacant. The garage is full of debris and garbage and is structurally deemed to be dilapidated. There have been no significant modernizations in the past 30-40 years. The access to the building is not barrier-free, and the layout of the building is also not suitable for accessibility. The electrical installation is outdated. Some windows date back to 1992, while the rest are likely original. In the basement, there are four rooms, a laundry room, a bathroom, an oil tank storage room, and a hallway with stairs. The basement is accessible from the courtyard. On the ground floor, there is a kitchen, bathroom, hallway with stairs, three rooms, and a terrace. The attic has a kitchen, bathroom, hallway, and three rooms. The attic space is accessible but has no further potential for expansion. The property requires significant renovation and repair work, including fixing structural issues, updating electrical systems, replacing windows and doors, addressing mold and dampness, and updating plumbing fixtures. The garage is in poor condition with moisture damage, and the garden is overgrown and littered. Overall, the property is in a state of disrepair and requires extensive renovations. The price of 102.000€ Kaufpreis reflects the scope of work needed to restore the property to livable condition.