Renovation Project in Historic Townhouse Near Groningen Centre

This property at Damsterkade 4 in the Binnenstad-Oost district of Groningen presents a unique opportunity for buyers seeking a renovation project. The building is a spacious townhouse that was originally constructed around 1896 and has since been divided into two separate residential units. Both units are being sold together as a single property, which offers the interesting possibility of dual occupancy for those who value living together while maintaining separate spaces.

The location along the Damsterkade provides a somewhat concealed and relatively quiet setting despite being very close to the vibrant centre of Groningen. The Oosterhaven area is just around the corner, offering a selection of pleasant restaurants and terraces where residents can enjoy the local atmosphere. Looking ahead, a new park is planned to be realized on the Damsterdiep square in 2026 or 2027, which will further enhance the appeal of this location.

It is important to note that this property requires substantial renovation work. The listing clearly states that everything needs to be addressed, indicating significant deferred maintenance including roof leaks and other issues that will require professional attention. Prospective buyers should carefully examine the photographs to gain a realistic understanding of the current condition of the property.

Despite the renovation needs, the property retains several charming and characteristic elements from its original construction period. These include ornamental ceilings, stained glass windows, and panelled doors that contribute to the historic atmosphere of the building. These features represent valuable architectural details that a careful renovation could preserve and highlight.

The ground floor of the main unit comprises an entrance hall, a living room measuring approximately 43 square metres with a closed kitchen of around 7 square metres. From the living room, there is access to a hallway leading to the rear garden and the bathroom with toilet facilities. The garden faces west and measures approximately 24 square metres with dimensions of 6 metres in depth and 4 metres in width. The garden is accessible via a rear path.

The first floor has its own separate entrance and staircase. This level features a landing with stairs to the upper floor, a bedroom or study room of about 5 square metres, a living room of approximately 41 square metres, and a kitchen of around 5 square metres. The kitchen provides access to a balcony measuring about 12 square metres.

The second floor consists of a landing with access to a bathroom of approximately 3 square metres and two bedrooms measuring roughly 15 and 17 square metres respectively.

The total living area of the combined property is approximately 167 square metres, with unit 4 accounting for 61.8 square metres and unit 4a comprising 105.4 square metres. The total volume of the building is listed as 755 cubic metres. The property features a tent roof covered with tiles.

The energy label is rated G, reflecting the age of the building and the lack of modern energy efficiency measures. Heating is provided by gas heaters, and hot water is supplied by an electric boiler. These systems will likely need to be updated as part of any comprehensive renovation project.

The listing mentions that there are various subsidy possibilities available for this property. These include subsidies related to earthquake damage, SNN subsidies, Nijbegun, and SOK programmes. These financial support options may make the renovation project more economically feasible for interested buyers.

Parking in the area consists of paid public parking and the possibility of obtaining parking permits. There is no registered homeowners association for this property, which means there are no periodic contributions, reserve funds, maintenance plans, or collective building insurance arrangements in place.

The property is being offered at a price of 500,000 euros, which translates to approximately 2,994 euros per square metre of living space. The asking price is stated as costs payable by the buyer. The transfer date is to be determined through consultation between the parties involved.

This property represents a project for buyers with vision who are prepared to invest significant time and resources into creating their ideal living space. The combination of a prime location near Groningen city centre, historic architectural elements, and the possibility of dual occupancy makes this an unusual offering in the local property market. Buyers should conduct thorough research into the extent of renovation required and the available subsidy options before proceeding with a purchase decision.