71 Grev Turegatan - Östermalm, Stockholm
In a beautiful turn-of-the-century building dating from 1885 on the peaceful Grev Turegatan, you have the opportunity to completely renovate a 6-room apartment of 126 sqm from the ground up. The apartment is located on the 3rd floor with a west-facing balcony and features an excellent floor plan to work with. Beautiful rooms in a row, a fireplace, a balcony facing a lush courtyard, along with beautiful original details, provide an excellent foundation to build upon, and the building materials currently on site are included in the purchase. Renovation has begun with new electrical wiring, and the space is partially prepared for a new kitchen and new bathrooms. Since the building’s plumbing will be replaced in the fall of 2023, any further renovations must be coordinated with the project manager and the board. Welcome to fantastic potential in the sought-after Östermalm neighborhood.
Brf Renen 15 is a genuine condominium association that owns the land. The association consists of 14 apartments, all of which are held under condominium ownership. The association acquired the property in 1984.
RENOVATIONS COMPLETED
1986 - Partial replacement of main pipes in the kitchen; did not include water lines.
1988–1989 - Replacement of main pipes to some extent in the bathroom and kitchen.
2009 New district heating plant.
2008 New roof.
2011 - Balconies renovated.
2017 - Radon testing (within limits), fiber optic installation, new gate, and automatic door opener.
2018 - All sewer and stormwater pipes in the basement were replaced.
2019 – New window vents, rewiring of electrical circuits to three apartments, OVK approved.
2020 - Drainage along part of the courtyard wall, re-paving of certain stone slabs in the courtyard, energy performance certificate, repair of a small section of the plaster on the stairwell facade.
2022 - Replacement of exposed water pipes in the basement.
PLANNED PIPE REPLACEMENT
The association is planning to replace the plumbing in the building in 2023, which will involve replacing the plumbing in all bathrooms and toilets, as well as the water and sewer lines in the kitchens. An extraordinary meeting to vote on the plumbing replacement will be held in January, and the work is scheduled to take place from August through December.
The cost is estimated at approximately 6–8 million kronor, and in early 2023, the association will solicit bids from contractors; only then will there be concrete proposals to evaluate.
The association’s discussions with the bank regarding financing for the project and the pipe replacement will result in an increase in the monthly fee; the size of the increase will depend on the cost of the pipe replacement, which has not yet been determined. Capital contributions from members are an alternative financing option.
Further renovation of the apartment should be coordinated with the project manager for the pipe replacement and with the board of directors. It is the buyer’s responsibility to ensure that fire safety and sound insulation requirements are met during renovations prior to the pipe replacement, specifically regarding the ceiling in the entryway as well as the toilet and bathroom; certain restoration work is also required following demolition in the bathroom prior to the pipe replacement. Ideally, for the logistics of the main pipe replacement process, the association’s contractor should handle all restoration work, with costs shared between the parties. A new bathroom and guest toilet are included as standard; options regarding materials and requests for modifications can be made with the selected contractor at an additional cost. The pipe replacement will be carried out in its entirety at the same time; no individual apartment can be singled out.While the pipe replacement is being carried out, only the contractor hired by the association will be permitted to perform construction work in the building.
The board has rejected previous requests to relocate the kitchen and is reluctant to approve such a change.
COMMON AREAS
Furnished courtyard.
Bicycle parking in the courtyard and in the basement.
Laundry room.
The basement storage unit is included with the apartment.
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