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DUPLEX HOUSE | TWO APARTMENTS | TWO GARDENS | HOUSE WITH PANORAMIC VIEWS

Fontanestr. 26, 58513 Lüdenscheid (Rathmecke) – Nordrhein-Westfalen
249.000 €
7
Room
182 m²
Living Area
777 m²
Plot Area
Private offer
House
Two-family house

Two apartments. Two gardens. Plenty of space. Panoramic views – and all of this without any realtor fees! This well-maintained duplex house was built in 1970 using solid construction methods and offers an exceptionally wide range of possibilities with a total living area of approximately 182 square meters. Whether for multi-generational living, a combination of personal use and rental income, or two completely separate households, many options are available. Both apartments have their own entrance and their own garden area. At the same time, they are connected within the house via the laundry and heating room. The upper apartment comprises approximately 112 square meters and is particularly impressive due to its spacious living and dining area, the large panoramic window with unobstructed views of the greenery, a loggia, and a vast garden area. The lower apartment offers approximately 70 square meters of living space, a practical layout, and its own smaller garden, which is ideal for barbecues and relaxation. A special highlight is the unobstructed view of the extensive meadow landscape. The generously sized garage, with approximately 44 square meters, offers significantly more space than a traditional single garage. The house is well-maintained and generally ready to be lived in immediately. However, as it is a property built in 1970, many buyers will likely want to plan for a modernization to suit their own preferences. Depending on the scope and desired quality, a budget of at least approximately €50,000 to €100,000 should be considered for this, for example, for windows, bathrooms, or the kitchen. The extremely attractive purchase price is €249,000. The sale is directly from the owner, meaning there are no realtor fees for the buyer.

Are you interested in this house?

Object Number
OM-482667
Object Class
House
Object Type
Two-family house
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
249.000 €
Purchase additional costs
approx. 19,850 €
Total costs
approx. 268,850 €

Breakdown of Costs

Purchase price 249.000 €
Real estate transfer tax 16,185 € (6.50%)
Notary costs 2,428 € (0.97%)
Land register entry 1,238 € (0.50%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,006€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.06%

Details

Condition
In need of renovation
Number of floors
2
Usable area
60 m²
Bathrooms (number)
2
Bedrooms (number)
2
Number of garages
1
Number of parking lots
1
Flooring
Other (see text)
Heating
Floor heating
Year of construction
1970
Equipment
Balcony, Terrace, Garden, Roof terrace, Shower bath, Guest toilet
Infrastructure
Pharmacy, General practitioner, Primary school, Public transport

Information on equipment

This duplex house features the following:

* Solid construction
* Approximately 182 m² of total living space
* Upper apartment: approximately 112 m²
* Lower apartment: approximately 70 m²
* Two separate entrances
* Two separate garden areas
* Two kitchens
* Two storage/utility rooms
* Two bathrooms
* Two guest toilets
* Internal connection via the laundry/heating room
* Spacious living and dining area
* Large panoramic window with a view of the meadow
* Loggia in the upper apartment
* Bathroom with natural light and separate toilet in the upper apartment
* Potential for an additional bathroom on the lower level
* Several bedrooms, children's rooms, guest rooms, or offices
* Large garage with approximately 44 m²
* Oil heating system
* Water heater replaced in 2023
* Energy performance certificate available

The house is generally habitable immediately, but certain aspects still reflect the style and technical standards of a house built in the 1970s. The windows are age-appropriate and functional, but do not meet current energy efficiency standards. Depending on individual preferences, it may be particularly worthwhile to renovate the windows, modernize the bathrooms and kitchens, and implement further energy-efficient and aesthetic improvements. Those who wish to initially utilize the existing condition can move in and modernize gradually. For a comprehensively modern design, a realistic renovation budget of approximately €50,000 to €100,000 should be planned, depending on the scope, quality of work, and the amount of work done personally.

Location

The house is located in a well-established and maintained residential area on a slope, predominantly consisting of single-family and two-family homes. The elevated position offers a particularly beautiful and expansive view over the surrounding rooftops, extending to meadows, forests, and plenty of nature. This view can be especially enjoyed from the upper apartment through the large panoramic window and from the loggia. Instead of looking at the next house wall, you can see greenery, the sky, and the surrounding landscape. Fontanestraße is conveniently located near the A45 motorway exit for Lüdenscheid-Nord. Therefore, the location is particularly well-suited for commuters with workplaces in the direction of Hagen, Dortmund, Iserlohn, Nachrodt-Wiblingwerde, or Olpe. At the same time, the area offers numerous opportunities for leisure and recreation. Meadows and forest paths invite you to take walks, hikes, and extended walks with your dog. In the immediate vicinity, there is a football pitch, tennis courts, a bowling club, a veterinarian, a hairdresser, a restaurant, a church, a primary school, and the SOS Children's Village. Despite being on a slope, the property offers two separate garden areas. This means that both apartments have their own outdoor space and ample privacy. Leasehold ownership is common in this residential area and is also found in many of the surrounding properties. Therefore, this is not an unusual situation, but rather a well-established form of land ownership in the area. The location is particularly suitable for families, multi-generational households, pet owners, and commuters who want to combine spacious living with good transport links and a natural environment.

Location Check

Nature
100m
Child Friendliness
200m
Sports
150m
Health
2.2km
Culture
1.6km
Shopping
750m
Eating Out
700m
Public Transport
200m
Nightlife
1.9km

Energy

Final energy consumption
20.00 kWh/(m²a)
Energy efficiency class
H
Energy certificate type
Consumption certificate
Main energy source
Oil

PDF

Miscellaneous

Important information regarding the ground lease and financing:
The house is situated on a property of approximately 777 m² subject to a ground lease. The current ground lease fee is €175 per quarter, or €700 per year. The ground lease can be encumbered by a mortgage without a fixed upper limit. When financing properties subject to a ground lease, banks often conduct particularly thorough reviews. Depending on the financial institution, income, creditworthiness, and loan-to-value ratio, banks typically expect approximately 20 to 40% equity. Therefore, for this property, it is likely that approximately €50,000 or more will be required. This is merely a guideline; the final decision rests with the respective bank. This information can be used for an initial financing inquiry. If you are seriously interested in purchasing, we will of course provide all available documents relating to the property and the ground lease for review by the bank or financing advisor.
Viewing process:
Interested parties have already received extensive information and pictures through the property listing. Should any specific rooms, areas, or details be missing, we are happy to provide further information or photographs upon request.

* An external viewing can be arranged at any time with prior agreement.
* A private internal viewing is possible for seriously interested buyers, subject to providing proof of financing or sufficient equity.
* If such proof is already available, an appointment for an internal viewing can, of course, be arranged directly. We appreciate your understanding of this process.

Due to the size and scope of the property, a viewing is more of an extensive "house tour" than a brief walkthrough. In addition to the two apartments, the garden, terrace, and several ancillary rooms are also included in the viewing, which typically requires several hours.

Unfortunately, we have repeatedly experienced situations where only after an extensive viewing did it become apparent that financing was not possible due to insufficient or inadequate equity. In some cases, this led to a multi-week process of applying for loans, which ultimately did not result in financing or a purchase. Because many potential buyers are initially unaware of the specific financing requirements associated with a ground lease property, we want to communicate this information early and transparently. This allows us to determine, even before a personal viewing, whether financing is realistically possible. The property is being sold directly by the owner. There are no buyer's fees. All information has been compiled to the best of our knowledge. Area and dimension measurements are approximate. Errors and sales to third parties are subject to change.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Joanna Stelling