Two-family house with two garages

Semi-detached house with converted attic on a 800 m² terraced plot at the eastern edge of Zülpich-Wichterich, situated on a quiet residential street with low traffic volume. The single-storey building, fully basemented, was constructed between 1980 and 1982 in solid masonry construction and comprises two self-contained flats as well as two single garages at the side boundaries of the plot.

The ground-floor flat offers around 110 m² of living space with living room, dining room, kitchen, two children's rooms, master bedroom, bathroom and separate guest WC, the attic flat around 84 m² with living room, kitchen, two rooms, bathroom and balcony. The actual use as at the valuation date could not be established, as an internal inspection was not possible; in the income approach, market-standard net cold rents were applied for both flats and the garages, with an annual gross income of 16,596 €.

The building outwardly appears to be in normal to moderately maintained condition with a discernible need for modernisation, including damp damage to the rear balcony as well as plaster damage to the plinth and the exterior basement staircase. The favourable location near Euskirchen and Cologne, together with the visible need for refurbishment, offers buyers potential for value appreciation.

Wording of the local court, taken from the official auction notice.