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1 / 21
Rooms
6.5
Living space
212 m2
Selling price
CHF 1,750,000.–

"Investor wanted!"

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Address

Hardstrasse 48, 4802 Strengelbach

Travel time

  • 18 min.Station: Zofingen

Surrounding information

Source of this data

The data displayed is provided by one of our third-party suppliers.

Please note that the locations displayed may not be up to date and there may be some deviations.

  • Pharmacy

    13 min.TopPharm
  • School

    14 min.Strengelbach Kreuzplatz
  • Supermarket

    11 min.Coop
  • Public Transport

    < 1 min.Sägetstrasse

Times refer to the route on foot.

Price

Purchase price:
CHF 1,750,000.–

Main information

Availability:
Immediately
Type:
Single house
No. of rooms:
6.5
Number of floors:
2
Surface living:
212 m2
Floor space:
268 m2
Land area:
904 m2
Volume:
1000 m3
Room height:
2.4 m
Year built:
1979

Characteristics

  • Balcony / Terrace

  • Fireplace

  • View

  • Child-friendly

  • Parking space

  • Garage

  • Old building

Documents (1)

Description

Initial situation:

The building permit for the renovation and expansion into a 3-family house is available. Therefore, it could be started quickly.

Planned expansion costs: approx. CHF 1.25 million (investment costs thus around CHF 3 million).

Currently, it is a single-family house with a very large basement (in the half-basement, there was previously an exhibition room). This former exhibition room can be beautifully converted into a 3.5-room apartment. Additionally, the ground floor apartment can be practically mirrored 1:1 into the 1st floor.

Very quiet, sunny location with excellent public transportation connections. The bus stop is located directly in front of the property. Adjacent to the southwest is only agricultural land that cannot be built on. Thus, the sun exposure on the terrace or balcony is excellent.

A large garage space (20.2 m2) and two outdoor parking spaces in front of the garage are already available. Another garage space is planned.

Current living area:

85 m2 basement + 120 m2 ground floor = Total 205 m2

Reason for sale:

Due to lack of regular income, I do not receive financing for the renovation and expansion.

As a former loan decision-maker at a bank, I see the following lucrative opportunities:

1. Expansion and sale of all three units in condominium ownership (profit potential: approx. CHF 500,000.00)

2. Expansion and sale of, for example, two units (basement and 1st floor) and occupy the ground floor oneself (so one can basically live for free with a low mortgage).

3. Expansion and rental of two apartments. The rental income is effectively easily cost-covering. However, this calculation will probably not be entirely cost-covering, i.e., a regular income would still be required.

I would be happy to explain the various options in detail in a personal conversation. Additional documents, plans, etc. are also available and can be requested.

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Equity capital

You must finance at least 20% of the property value with your own funds. This includes savings, advance inheritance, gifts, all retirement assets (3a, 3b) and pension fund assets. You may withdraw a maximum of 10% of the purchase price from the pension fund.

Listing ID
4003608390
Object ref.
lu3le.v7k3k

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