Just a stone’s throw from the Esplanade Madou, this 41 m² studio flat presents a particularly attractive opportunity in a neighbourhood undergoing rapid transformation. With new developments and the expansion of the European Quarter in the immediate vicinity, this location benefits from a particularly favourable outlook.
Located on the 5th floor of a block built in 1958, the property requires a complete refurbishment but boasts a surprisingly functional layout.
The living area of ± 23 m² incorporates a sleeping area of ± 8 m² with a built-in wardrobe, which can easily be separated to create a truly independent sleeping area. Another advantage is that the bathroom, measuring ± 4.5 m², is accessible from both the living area and the sleeping area, offering a level of privacy rarely found in this type of studio flat.
A separate kitchen of ± 4.5 m² completes the property.
PVC double glazing fitted in 2012, individual heating and hot water, Energy Performance Certificate (rating E). The electrical installation needs to be brought up to standard. Service charges of ± €110 per month for communal areas and cold water. A large cellar completes the property.
A great opportunity for a first-time buyer or an investment with potential for growth, in an area where most daily activities can be accessed on foot or by bike.
The property
- Studio flat of ± 41 m² according to the Energy Performance Certificate (EPC)
- Located on the 5th floor of a 6-storey block
- Building constructed in 1958
- Property in need of complete renovation
- Security door
- Intercom
Layout
- Living area of ± 23 m² with a separate sleeping area of ± 8 m²
- Fitted wardrobe in the sleeping area
- Option to physically separate the sleeping area from the living room
- Layout allowing for a degree of privacy despite the studio configuration
- Bathroom of ± 4.5 m² with bath/shower, WC and space provided for a washing machine
- Access to the bathroom from both the living area AND the sleeping area – a particularly practical layout
- Separate kitchen of ± 4.5 m²
- Large private cellar in the basement
Technical details
- Energy Performance Certificate (EPC): E
- Double-glazed PVC windows fitted in 2012
- Individual hot water system
- Individual boiler
- Electrical installation does not comply with regulations
- Renovation required
Service charges
- Service charges + cold water: ± €110/month
- Reserve fund: ± €26/month
- Affordable property tax
Location & potential
- Immediately adjacent to the Esplanade Madou
- In the heart of a neighbourhood undergoing rapid transformation and gentrification
- New-build developments in the area
- In the immediate vicinity of the European Quarter and the headquarters of the European Commission
- Shops and amenities nearby
- Excellent access to public transport
- A neighbourhood particularly well-suited to walking and cycling
- An attractive location for a first-time buyer or an investment, with potential for capital appreciation following renovation
Open Immovlan