Renovation Opportunity in Historic Utrecht City Centre

Korte Koestraat 3 Bis is an upper apartment situated in Wijk C, the historic centre of Utrecht. The property is located on a car free street, which contributes to a surprisingly quiet living environment despite its central location. The apartment has a total living area of approximately 88 square metres and a volume of 305 cubic metres. Additionally, there is 14 square metres of outdoor space consisting of a rooftop terrace and a balcony.

The property was originally built during the period between 1906 and 1930, placing it within the characteristic architectural era of the inner city of Utrecht. The building is classified as an existing construction upper apartment. At present, the apartment requires complete renovation. The property was formerly used as a rental residence and has not been updated to modern standards. This condition presents an opportunity for a buyer to design and finish the interior entirely according to their own preferences and requirements.

The listing suggests several possibilities for the renovated layout. These include a living room with the potential for an open kitchen configuration, a direct connection to the sunny rooftop terrace, two full bedrooms on the upper floor, and a modern bathroom with an efficient layout. The current configuration includes three bedrooms across two residential floors, though the final arrangement will depend on the choices made during renovation.

The heating system consists of a gas fired combination boiler that was installed in 2016 and is owned by the current seller. The energy label is rated F, which is consistent with a property of this age that has not undergone recent energy efficiency improvements. Following a comprehensive renovation, there will likely be opportunities to improve the energy performance of the apartment.

The location of Korte Koestraat is in the heart of Utrecht. Wijk C is one of the most sought after neighbourhoods in the city, known for its historic charm and proximity to amenities. The apartment is within walking distance of TivoliVredenburg, the Vredenburg square, the Neude, and the canal ring. Shopping facilities, restaurants, and public transport connections are all readily accessible. Utrecht Central Station is also nearby, making the location convenient for commuters travelling to other cities.

The immediate surroundings of Korte Koestraat are notably quiet for a central location. The street is car free, which limits traffic noise and creates a pleasant atmosphere. At the same time, the vibrant city life of Utrecht is just around the corner, offering a combination that many residents value.

The property is part of a Homeowners Association, but this VvE is currently not active. According to the listing, the VvE will need to be activated in consultation with the seller. The monthly VvE contribution is 150 euros. The VvE checklist indicates that there is no registration with the Chamber of Commerce, no annual meeting, no periodic contribution recorded in the system, no reserve fund, and no maintenance plan in place. The building is insured for structural damage through the VvE. The inactive status of the VvE and the absence of a reserve fund are points that a prospective buyer should consider carefully.

Several legal clauses will be included in the purchase agreement. A non occupant clause will be inserted, indicating that the current owner does not reside in the property. An age clause will be included, which is standard for older properties and serves to inform the buyer that the construction date predates modern building standards. An asbestos clause will also be part of the agreement, suggesting that asbestos may be present in the building and that the buyer accepts any related risks. The sale will be conducted under the As Is Where Is condition, meaning the seller accepts no liability regarding structural defects or other shortcomings.

The listing notes that some of the visual presentations showing furnished interiors have been generated using artificial intelligence based on existing photographs. The property will be delivered in its current state, which requires renovation. The buyer will be responsible for carrying out all renovation work.

The asking price is 465,000 euros, which translates to approximately 5,284 euros per square metre of living space. This price should be considered in relation to the fact that significant investment will be required to make the property habitable according to contemporary standards. The costs of a complete renovation in a central location can be substantial, and interested parties should obtain professional estimates before proceeding.

The cadastral reference for the property is UTRECHT C 7431, and the ownership structure is full property rights. The property is available for immediate transfer upon completion of the purchase.

For buyers seeking a renovation project in a prime central location, Korte Koestraat 3 Bis offers the combination of a desirable address in Wijk C with the freedom to create a personalised living space. The presence of both a balcony and a rooftop terrace adds to the appeal, as outdoor space is relatively uncommon for apartments in this part of the city centre. The proximity to cultural venues, shopping areas, and transport links makes this a property with strong locational attributes.