This spacious bungalow, built in 1973, is situated on a plot of approximately 500 m² in a quiet, established residential area of Cologne-Esch. With an impressive total usable floor area of approximately 196 m² (plus the approved living area), it offers exceptionally versatile potential for owner-occupiers, investors or multigenerational living concepts. The property’s substantial existing structure makes it clear that this is not a conventional single-family home, but rather a property with considerable development potential.
The currently approved living area on the ground floor is approximately 79 m². In addition, the ground floor offers a further approximately 77 m² of residentially finished usable space on the same level. Given its condition and layout, this area has significant potential for conversion into living space, meaning that approximately 156 m² could potentially be created on a single floor.
The property’s total official usable floor area is approximately 196 m², distributed between the ground and basement floors. In addition to the 77 m² on the ground floor, the fully basemented area contains further space, approximately 39 m² of which has also already been finished for residential use. This level has large windows and a flattened embankment in front of them, providing plenty of natural light. According to the surveyor, these rooms are therefore excellently suited to an official change of use. This results in potential for up to approximately 195 m² of pure residential space.
The remaining approximately 80 m² of usable space in the basement provide classic functional areas such as storage rooms, a laundry room and a huge hobby room.
A particular highlight of the property is its existing structural layout: the building has two separate electrical circuits and two independent stairways leading to the basement. These features allow for a clear separation of areas and provide ideal conditions for use as a two-family home, a multigenerational residence or a combination of living and working spaces. This flexible layout opens up a wide range of design options and makes the property especially attractive to buyers wishing to realise individual residential concepts.
The property is in need of renovation, providing an ideal basis for implementing one’s own ideas and optimally developing the available space. Whether as a spacious single-family home, two separate residential units or a forward-looking multigenerational concept, this property offers the rare opportunity to create living space tailored to one’s own needs.