Renovation Apartment in Popular Frederik Hendrikbuurt with Prepaid Ground Lease

The property is an apartment located on the third floor of a building constructed in 1886 at Van Oldenbarneveldtstraat in the Frederik Hendrikbuurt-Zuidoost area of Amsterdam. The total living area measures approximately 46 square meters according to the NEN 2580 measurement report, with an additional external storage space of approximately 15 square meters located on the fifth floor. The interior volume of the apartment is 148 cubic meters.

The apartment is accessed via a communal staircase. Upon entering the hallway, all rooms of the apartment are accessible from this central point. The living room is situated at the rear of the apartment and benefits from large windows that provide abundant natural light. From the living room, there are views of a quiet inner courtyard, offering a peaceful outlook. The kitchen is accessible directly from the living room and features a functional layout.

The bedroom is located at the front of the apartment and provides sufficient space for a large bed and wardrobe or other storage furniture. The bathroom is centrally positioned within the apartment and is equipped with a walk-in shower, a toilet, and a washbasin.

The building features a flat roof covered with bituminous roofing material. Natural ventilation is present in the apartment, and a TV cable connection is available. The heating and hot water are provided by an Intergas combi boiler that is gas-fired and was installed in 2013. This boiler is owned outright rather than rented. The property has partial double glazing for insulation and holds an energy label B rating.

This property is presented as a renovation project, indicating that it requires work to modernize and personalize the living spaces. The apartment offers a foundation from which buyers can create their ideal home according to their own preferences and requirements. The energy label B suggests that basic insulation standards have been met, which provides a positive starting point for renovation works.

The apartment is subject to several important conditions that potential buyers should be aware of. There is a priority arrangement for social housing tenants, meaning that eligible social housing tenants may be given preference in the purchasing process. The property is available for purchase only with the intention of owner occupation, either by the buyer themselves or by parents purchasing for first-degree blood relatives. An anti-speculation clause of three years applies, which typically restricts resale within that period. Additionally, both a non-owner-occupancy clause and an age clause are applicable to this sale. The age clause is a standard clause for older buildings that indicates the buyer accepts the property's age and associated characteristics.

The property is situated on municipal leasehold ground. The annual ground lease has been paid in advance until June 30, 2061. The applicable terms are the General Provisions for perpetual leasehold from the year 2000. This long prepaid period provides certainty regarding ground lease costs for several decades.

The Owners Association is described as active, healthy, and professionally managed. The monthly VvE contribution is 160.88 euros. The VvE has a reserve fund in place, holds annual general meetings, is registered with the Chamber of Commerce, and has a maintenance plan. Building insurance is also arranged through the VvE. These elements indicate a well-organized and responsible property management structure.

The location is in the Frederik Hendrikbuurt, a sought-after neighborhood in Amsterdam-West. The property is situated on a quiet street while being centrally located with all desired amenities within easy reach. Various shops are within walking distance, including Albert Heijn and Dirk van den Broek supermarkets, a butcher shop called De Osdorper, Etos drugstore, and Flora Romance florist. The area also offers numerous dining and drinking establishments such as Two Cheefs tap bar, Coffee and Juices, cafe Sate, and Morgan and Mees.

Westerpark is located nearby, offering a combination of green spaces, characteristic architecture, vibrant nightlife, and creative hotspots. The Leidseplein, the canal ring, and the Jordaan neighborhood are all easily accessible from this location. The property benefits from public transportation connections with tram lines 3 and 5 and bus lines 18, 21, and 283 in the immediate vicinity. For car travel, the S105 and S103 arterial roads provide access to the A10 ring road. Parking in the area is through paid parking and parking permit systems.

The Frederik Hendrikbuurt is one of the established neighborhoods within the borough of Amsterdam-West. The area is characterized by its mix of 19th-century architecture and modern amenities, creating a living environment that combines historical charm with contemporary convenience. The neighborhood has experienced significant popularity in recent years due to its central position within Amsterdam and the quality of life it offers residents.

The building itself dates from 1886, placing it within the period of significant urban expansion in Amsterdam during the late 19th century. Buildings from this era typically feature solid construction methods with brick facades. The presence of a flat roof covered with bituminous material suggests that roof renovations have been carried out at some point, as original 19th-century buildings in Amsterdam more commonly featured pitched roofs.

The external storage space of approximately 15 square meters on the fifth floor represents a notable addition to the property. In Amsterdam, where living spaces are often compact, having additional storage capacity is a practical benefit that many residents value. This storage space can accommodate items such as bicycles, seasonal items, sports equipment, or other belongings that would otherwise need to be stored within the main living area.

The energy label B rating is a positive indicator for a building of this age. The Dutch energy label system ranges from A to G. Achieving a B label in a building from 1886 suggests that insulation improvements have been implemented, likely including the partial double glazing mentioned in the specifications. This provides a foundation that buyers can build upon during renovation works to potentially achieve higher energy efficiency standards.

The ground lease situation with prepayment until 2061 removes a significant ongoing cost concern for buyers. In Amsterdam, where ground lease costs can be substantial, having this extended prepaid period provides financial predictability. Buyers should still familiarize themselves with the 2000 General Provisions that apply to the ground lease, as these terms will govern the situation when the current prepaid period expires.

This listing is offered by Ymere, as indicated in the description. Ymere is a housing corporation that sells properties from their portfolio. The designated notary for this sale is Lubbers en Dijk Notarissen. The property is available for occupancy immediately upon agreement, and a quick transfer is possible.