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20 bedroom detached villa for sale

Germany - Schneeberg, Saxony

Guide Price €186,000

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Call: 0141 432 1234
  • Description
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  • Map

Key features:

  • Entire building
  • 6 floors
  • Full roof terrace

Full description:

The building will require a considerable amount spent to convert it into apartments, once complete the estimated practical sales price of each apartment will be MINIMUM 250,000 each (5 floors @ 2 per floor, 10 apartments, total of all apartments worth £2.5M when finished). You then have the top floor and ground floor, worth at least £300,000 in value each. Total ROI is easily over £2M after renovation, invest a little, earn a lot. A plan has already been put in place for the building, there would be 2 apartments on each floor, thats 5 floors of apartments, then there is the full roof that could be turned into one massive full length apartment, or a restaurant or similar, then there is the ground floor. The ground floor is simply stunning, huge, tall roofs, this is perfect for business and retail space, interest has already been shown from two local mid sized companies for space in the building once it is complete. we know of nothing similar that exists, no similar buildings or potential investment opportunities. The buyer would have to commit to renovate the property into something, and not let it sit, this is not a speculative property. We can assist with planning and renovation at great reductions on what would be charged locally, we have our own team and equipment for both planning, logistics and work within the building. Viewings are of course available and recommended. Staged payments are not available, any mortgages must be sorted out before showing interest. Many more images are available. Main floor on bottom is 18 Metres length by 12 Metres width. The main entrance is 3.5 wide and 3.2 width. The main floors are 22.1 Metres by 12 Metres The rooftop is 26 Metres by 12 Metres The disparity between the roof length and the main rooms length is because at the main entrance side to each side of the staircase, are two rooms on each floor, for three of the floors. The small rooms on each side of the staircase is 3.7 Metres in width (Staircase wall to external wall) and 4.2 Metres (Large room wall to main entrance wall). Magazinstraße 1,08289 Schneeberg, Germany

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Leipzig-Halle (INTERNATIONAL), 59.5 miles
  • Dresden (INTERNATIONAL), 62.1 miles
  • Erfurt (INTERNATIONAL), 78.1 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Sneddon and Lock Ltd, Edinburgh

0141 432 1234  Local call rate
About Sneddon and Lock Ltd, Edinburgh

Sneddon & Lock Ltd is a British American partnership. Based in the city of Reichenbach, Germany, Sneddon & Lock offers the direct sales of German property at very competitive prices. Property types offered range from single family homes to multi-family apartment blocks, commercial factory units and commercial offices. All property is freehold and without commission.


Viewing trips are always possible with short notice to all property available. We speak both English and German. Fully insured and registered with the Information Commissioners office. We offer free impartial advice on all aspects of investing in Germany or purchasing for full time family living in this progressive, prosperous country.
 


Disclaimer

This is a property advertisement provided and maintained by Sneddon and Lock Ltd, Edinburgh (reference Schneeberg) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

or call 0141 432 1234
Calling from outside the UK? 0044 141 432 1234

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