House for sale in Sindelfingen, Germany

Property Description: Historical half-timbered multi-family house with 4 apartments, 2 floors, partially basement, converted attic, 285 square meters of living space, and an underground garage box. The building dates back to the mid-15th century (originally a residential house with a barn), is listed as a historic monument, and has been renovated and expanded in the years 1943, 1959/61, 1977/81, and 1989. The layout includes on the ground floor: hallway, laundry room with sauna and shower, storage room, workshop, garage; apartment 1: hallway, 2 rooms, kitchen, bathroom/toilet, storage room, 58 square meters; on the upper floor (apartment 2): hallway, 3 rooms, kitchen, bathroom/toilet, 46 square meters; apartment 3: hallway, separate toilet, storage room, 2 rooms, bathroom/toilet, kitchen, balcony; attic: anteroom, bathroom/toilet, 2 rooms, 109 square meters; apartment 4: hallway, shower/toilet, 3 rooms, kitchen, 72 square meters. Heating is done with individual electric storage heaters, electric fans, or electric radiant heaters. Hot water is provided by electric instantaneous water heaters and electric boilers. The apartment floor plans are partially inefficient or poorly designed, with enclosed rooms or differences in floor height or levels. A viewing of the interior was not possible. The general condition of the residential building, depending on the construction year, renovation, and modernization, is normal. There are signs of minor repair backlog in some areas. Thoughts on Price: The asking price of 755,000€ for this historical property seems reasonable given its unique features and historical significance. However, potential buyers may be able to secure a discount of up to 30% on the appraised value, bringing the cost down to 528,500€. This could present a great opportunity for buyers looking to own a piece of history at a reduced price. Additionally, with no notary fees or agency commission to worry about, the overall cost savings make this property even more enticing for those interested in investing in a historic home.