Fixer-Upper with Character in Van der Pekbuurt

The property at Sleutelbloemstraat 73H is a ground floor apartment situated in the Van der Pekbuurt neighborhood of Amsterdam-Noord. This dwelling presents itself as a renovation opportunity, specifically targeted toward first-time buyers who are willing to invest time and effort into modernizing a home with good foundational qualities. The apartment was originally constructed in 1925, placing it within an era of Amsterdam's architectural history known for its characteristic residential buildings. The entire building is located within a protected city or village view, which means the exterior facade falls under preservation regulations that maintain the historical appearance of the area.

The living space measures approximately 59 square meters, which is distributed across a single floor level. The property contains three rooms in total, with two of these configured as bedrooms. This layout makes the apartment suitable for individuals, couples, or small households looking to establish themselves in Amsterdam. The natural ventilation system and TV cable connections are noted as present amenities within the living spaces.

The outdoor areas associated with this property include a balcony measuring 7 square meters of building-bound exterior space, as well as a backyard garden. The garden spans 45 square meters with dimensions of 6.40 meters in depth and 7.00 meters in width. The garden is oriented toward the west, which means it receives afternoon and evening sunlight, making it suitable for outdoor activities during the later parts of the day. There is also an internal storage area measuring 1 square meters.

In terms of energy efficiency, the property currently holds an energy label C. The insulation consists largely of double glazing, which provides a baseline level of thermal protection. Heating and domestic hot water are both supplied through a gas-fired combination boiler manufactured by Nefit. This boiler was installed in 2008 and is owned by the current property holder, meaning it transfers to the new owner upon purchase. The roof structure is described as a composite roof covered with bituminous roofing material and tiles.

The property is subject to a leasehold arrangement (erfpacht) that has been prepaid through October 31, 2073. This means that for the foreseeable future, the new owner will not be required to make periodic leasehold payments, which represents a significant financial consideration when purchasing property in Amsterdam where ground lease costs can substantially affect monthly housing expenses. The service costs for the homeowners association amount to 115 euros per month.

The homeowners association appears to be properly organized and maintained according to standard Dutch property practices. The VvE is registered with the Chamber of Commerce, holds annual meetings, collects periodic contributions, maintains a reserve fund, has a maintenance plan in place, and has arranged building insurance coverage. These organizational elements suggest a stable and functional association that manages the shared aspects of the property.

Several legal conditions and clauses apply to this property that prospective buyers should carefully consider. An anti-speculation clause is in effect with a term of three years, which typically restricts the owner from selling the property at a profit within that period. An age clause (ouderdomsclausule) has been included, which is standard for older buildings and serves to inform buyers that construction standards from 1925 differ from contemporary requirements. A non-self-occupancy clause and an asbestos clause are also applicable. Additionally, there is a qualitative obligation regarding energy transition, which likely requires the owner to undertake certain energy efficiency improvements within a specified timeframe.

The property is being offered through Ymere, which is indicated by the hashtag in the listing. There is a priority arrangement (voorrangsregeling) for social housing tenants within the Amsterdam metropolitan region, which means that individuals meeting certain criteria related to current social housing tenancy may receive preference in the purchasing process. The notary has been predetermined as Spier en Hazenberg in Amsterdam, which is a common practice for institutional sellers.

The current occupancy status indicates that the property is inhabited by the owner or occupant, with the exception of parent-child living situations. The acceptance of the property will be determined through mutual agreement (in overleg), suggesting some flexibility in the transfer timeline.

The Van der Pekbuurt neighborhood is described as having a social and connected character where neighbors know each other and look out for one another. The area is characterized as a traditional Amsterdam working-class neighborhood (volksbuurt) rather than a newly developed residential area, offering what is described as an authentic atmosphere with strong community engagement. The neighborhood is currently undergoing development while maintaining its original character. Local amenities include small-scale entrepreneurs and neighborhood initiatives within walking distance.

Transportation options in the area include the ferry service (pont) and the North-South metro line (Noord/Zuidlijn), both of which provide connections to the city center. Parking in the area operates on a paid parking system with permits available for residents.

The asking price for this property is set at 400,000 euros, which is stated as costs to the buyer (kosten koper). This means that additional expenses such as transfer tax, notary fees, and any applicable broker commissions are the responsibility of the purchaser and are not included in this amount. The price per square meter calculates to approximately 6,780 euros based on the 59 square meter living area.

This property represents an opportunity for buyers who are specifically seeking a renovation project in a well-connected area of Amsterdam. The combination of the prepaid leasehold, the presence of a garden, and the neighborhood character may appeal to those willing to undertake the necessary modernization work. However, prospective buyers should carefully review all applicable clauses and conditions, particularly the anti-speculation clause, the energy transition obligation, and the priority arrangement for social housing tenants, to fully understand the commitments and restrictions associated with purchasing this property.