House for sale in Radevormwald, Germany

Property description: This single-family house is one story with a partially finished basement, an attic, and a living space of 113 square meters. It features a terrace, a covered entrance area at the back, and a row of 6 garages on the street side, as well as a shed. The exact year of construction is unknown but is estimated to be between the second half of the 19th century and the early 20th century. Room layout is as follows: The basement has 3 rooms with access to the shed. The ground floor includes an entrance area, hallway, 2 rooms, a dining room, a kitchen, a bathroom/toilet, and a hallway. The attic consists of a hallway, 2 rooms, 2 small chambers, and a toilet. Heating is provided by a gas central heating system, and hot water is heated by an electric instant water heater. The house has enclosed spaces. There are construction defects and damages, including significant moisture damage to masonry, stairs, floor slabs in the attic, external stairs, etc. The shed provides access to the basement of the house. Thoughts on the price: The property is listed for sale at a price of 145,000 EUR, with the possibility of securing a 30% discount on the market value, bringing the price down to 101,500 EUR. This could potentially make it a good investment opportunity for buyers willing to address and repair the existing damages and defects. It's important to consider the additional costs of renovations when evaluating the overall value of the property.