Spacious Fixer-Upper Apartment with South-Facing Balcony in Green Amsterdam Noord

This apartment is located at Grootzeilhof 14 in the Banne-Noordoost neighborhood of Amsterdam North. The property is offered at a price of 350,000 euros costs to the buyer. The apartment has a living area of approximately 93 square meters and features three bedrooms, making it suitable for families or individuals looking for a home with multiple rooms.

The apartment is situated on the first floor of a building that was constructed in 1976. It is classified as a former rental property and is currently being sold as a renovation project, which means the new owner will have the opportunity to customize the interior according to their personal preferences and requirements. The energy label is rated as B, indicating a reasonable level of energy efficiency. The property has largely double-glazed windows, which contributes to its energy performance.

The layout of the apartment begins with a communal entrance that leads to the front door of the residence. From the hallway, you can access two bedrooms located at the front of the apartment. The hallway also provides access to a separate toilet. The bathroom has not yet been installed, and this is one of the tasks that the new owner will need to complete. The spacious living room offers ample space and can be arranged entirely to the buyer's taste. The living room features a semi-open kitchen. From the living room, there is access to the balcony, which faces south and provides a pleasant outdoor space where residents can enjoy sunlight throughout the day. The third bedroom is located at the rear of the apartment.

On the ground floor, there is a separate storage room that can be used for storing bicycles and other items. This is an individual storage box assigned to the apartment.

The building is situated in a park-like green environment in Amsterdam North. The well-maintained complex is located on a car-free residential area that is considered very child-friendly. Various facilities are available in the vicinity, including shops, restaurants, schools, and sports facilities. The BovenIJ hospital and the popular shopping centers Boven 't Y and Banne Centrum are within cycling distance. The recreational area 't Twiske, with its walking and cycling routes, children's playgrounds, and natural surroundings, is located nearby. The nature areas of Ilperveld and Het Twiske are also close to the property.

In terms of public transportation and accessibility, the location is very convenient. The North station of the North-South metro line is very close by. The area is also served by bus connections, and the ferry behind Central Station as well as the IJ-tunnel provide access to the center of Amsterdam. Within a few minutes by car, you can reach the A10 ring road, from which you can access the A1, A2, A4, and A8 motorways.

Regarding the financial aspects, the service costs amount to 178 euros per month. There appears to be a slight discrepancy in the listing, with the description mentioning 193 euros per month, but the features section specifies 178 euros. The property is subject to ground lease (erfpacht), which has been paid off until December 31, 2053. The ground lease is held under municipal ownership.

The heating and hot water are provided by a gas-fired combination boiler from Intergas, which was installed in 2010 and is owned by the current owner. The property has mechanical ventilation and natural ventilation, as well as a TV cable connection.

There are several conditions and clauses associated with the sale of this property. An anti-speculation clause applies for a period of three years. A not-self-occupancy clause, an asbestos clause, and an age clause will be included in the deed. The sale is restricted to owner-occupiers, with the exception of parent-child situations. There is also a priority arrangement for social housing tenants from the Amsterdam metropolitan region. The property will be sold through a designated project notary.

The apartment can be delivered quickly as it is currently vacant. The asking price per square meter is approximately 3,763 euros.

The homeowners association appears to be well-organized, with registration with the Chamber of Commerce, annual meetings, periodic contributions, a reserve fund, a maintenance plan, and building insurance all in place.

Parking in the area is subject to a paid parking system and parking permits are required.

This property represents an opportunity for buyers who are willing to invest time and effort into renovating a home to their own specifications. The location in Amsterdam North offers a balance between urban accessibility and a more green, residential environment. The proximity to public transportation, shopping facilities, and natural areas makes this a convenient location for daily life. The presence of three bedrooms provides flexibility in how the space can be used, whether for a family with children or for individuals who need additional rooms for a home office or other purposes.

The south-facing balcony is a notable feature that enhances the living experience, providing outdoor space with favorable sun exposure. The individual storage room on the ground floor is a practical addition for bicycle storage and other items that would otherwise take up space in the apartment.

Given that this is a renovation project, potential buyers should carefully consider the work that needs to be done, particularly the installation of the bathroom, and budget accordingly. The energy label B suggests that the basic insulation of the property is adequate, but buyers may wish to make further improvements to increase energy efficiency and reduce long-term energy costs.

The ground lease situation should also be taken into account. While the ground lease is paid until 2053, buyers should be aware of what will happen after this date and what the future financial implications might be.

The various clauses and conditions attached to the sale reflect the fact that this is a former social rental property being sold by Ymere, a housing corporation. These conditions are designed to ensure that the property remains accessible to owner-occupiers rather than being purchased by investors for rental purposes.