Exceptional property ensemble with a rich history.

Completed Measures:
· Roof replacement, including improved insulation: within the last 5 years.
· Modernization of windows and exterior doors: 16 to 25 years ago.
· Modernization of the heating system: 16 to 25 years ago.
· Insulation of exterior walls: 16 to 25 years ago.
· Modernization of bathrooms: within the last 5 years.
· Modernization of interior finishes, including ceilings, floors, and staircases: within the last 5 years.
· Significant improvement of the floor plan: within the last 5 years.
· Plumbing systems: no modernization has been carried out by the current owner.

Transparent Information Regarding Renovation Needs:
The property is described transparently. For a historical half-timbered ensemble, a professional pre-purchase inspection is advisable and provides investors with a reliable basis for the investment decision.
· There is a known need for renovation or maintenance in the drainage area. A current offer is available.
· A current offer is also available for the thatched roof of the ancillary building.
· A water damage from 2017 is known, and documentation is available. - The electrical systems and wiring should be professionally inspected, as the current owner has not undertaken any modernization of these systems. The need for renovation and inspection should not be considered an unexpected risk, but rather a predictable component of the investment assessment. The existing offers for drainage and the ancillary building with its thatched roof help to clarify the necessary measures and provide a better basis for financing, purchase calculations, and subsequent management. Legal situation and development opportunities.
- A declaration of division does not exist. A future division into individual ownership could potentially represent a development opportunity, but has not yet been implemented and would require separate legal, structural, and economic evaluation. In the event of a possible division, the following should be examined in advance: completion certificate, declaration of division, technical separability, parking situation, cost framework, and, if necessary, permitting issues. According to available information, there is no historical landmark protection; this has been confirmed by telephone. Conclusion
The Catharinenhof in Bliedersdorf is a distinctive property with a historical background, generating current income, and offering significant potential for development. With an asking price of €599,000, it presents compelling figures for investors: an approximate gross yield of 7.15%, a gross operating income factor of approximately 14.0, and a price per square meter of approximately €1,161 for the residential/commercial space. This property is particularly suitable for buyers who not only want to acquire an existing asset but also combine substance, income, and development potential. The well-known issues of drainage and the thatched roof of the outbuildings are clearly identified; as current offers are available for these items, they can be factored into the purchase calculation early on.

Note regarding the data basis:
The information provided above is based on the property valuation of May 5, 2026, as well as supplementary, property-specific information. This information does not replace a technical, legal, or tax-related due diligence assessment. In particular, the condition of the property, the permitting situation, rental agreements, the energy performance certificate, the modernization status, potential for subdivision, and any necessary maintenance should be independently verified by the buyer. We will be happy to provide you with the property documentation after a personal viewing.