A ground-floor apartment by the water
Florakade 418 sits on a quiet road along the water in the Florabuurt, a pocket of Groningen's Oud-Oost district. The apartment is on the ground floor and has a garden that faces the southwest, reachable via the back alley. With an asking price of €275,000, the price is keen compared with the average asking price in the neighbourhood, which comes to €316,591. For context, apartments in Groningen are listed at an average of €3,763 per square metre.
Inside the home
Built in 1955, this apartment spans one floor and includes four rooms, two bedrooms and one bathroom. The living area is 80 m² according to the BAG registration, while the agent lists it as 79 m². The home has a CV boiler for heating and is described as having no insulation. It is offered as full ownership, with a monthly HOA fee of €165.82. The garden measures 72 m² and is accessible from the back.
Life in the Florabuurt
Residents of the wider district, which includes the Florabuurt, give their living environment an average score of 7.36, based on twelve reviews. One resident calls it a "neat friendly neighbourhood," while another mentions the "great spot, lots of amenities and close to the centre of Groningen." The district is home to a mix of households, with a notable share of single-person households. Homes here tend to sell quickly, with properties in the area typically going under offer within 19 days. For more on the area, see the Florabuurt neighbourhood.
Amenities and getting around
Daily errands are well covered: Albert Heijn is just around the corner, with Jumbo and Lidl a couple of streets away. For primary education, IKC Borgman Oosterpark and Oosterhoogebrugschool are both within a ten-minute walk. The nearest GP is Huisartsenpraktijk A.J. van Verseveld, and Apotheek Oosterpark Groningen is nearby. Bus stops on the Florakade and Oostersluis, served by lines 6 and 406, are a five-minute walk, and Groningen Noord train station is about 2.2 km away. The area falls under the municipality of Groningen.
WOZ value and address data
The WOZ value for this property is €275,000, as of the reference date 1 January 2025. The asking price is virtually equal to the WOZ value. Between 2020 and 2025, the WOZ value rose by 63%, from €169,000 to €275,000. As for address-level risks, the noise from road traffic is measured at 54 dB Lden, which is above the norm, while railway and aircraft noise stay below their norms. The foundation risk indication is elevated, based on area-level data, and the soil type is clay. Pluvial flooding risk is low, while flood risk is medium both now and in 2050; heat stress is low now but medium by 2050. These are indications at area level, not an inspection of this specific home.
About the listing
At the time of writing, this home is offered via multiple channels, including Lamberink Makelaars & Adviseurs and Funda.
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The WOZ value is set annually by the municipality with 1 January as its reference date, and therefore lags the market by about a year. It is an estimated market value, not a sale price.
Frequently asked questions
About Florakade 418, Groningen
How does the asking price compare to the WOZ value?
The asking price of €275,000 is virtually equal to the WOZ value, which was set at €275,000 on 1 January 2025. The WOZ value is the municipal valuation for tax purposes, not the current market value. Over the past five years, the WOZ value has increased by 63%, from €169,000 in 2020 to €275,000 in 2025.
What is the layout of this apartment?
This ground-floor apartment has four rooms, including two bedrooms and one bathroom, all on a single floor. The living area is 80 m² according to the BAG registration, while the agent lists it as 79 m². There is also a garden of 72 m², oriented to the southwest and accessible via the back alley.
What is the energy label and what does it mean for costs?
The energy label is C. This label indicates a moderate level of energy efficiency, so you can expect reasonable but not minimal energy costs. The home is heated by a CV boiler and the agent notes that there is no insulation. The energy label is based on the official registration and does not reflect the condition of the building.
What is the foundation risk for this property?
The foundation risk indication for this address is elevated, according to area-level data. The home was built in 1955 on clay soil, which may involve wooden piles or a shallow foundation. The groundwater level is expected to drop towards 2050, which can increase risk for wooden foundations. This is an area-level indication, not an inspection of this specific home.
What amenities are within walking distance?
Albert Heijn is just around the corner, with Jumbo and Lidl a couple of streets away. For primary education, IKC Borgman Oosterpark and Oosterhoogebrugschool are both within a ten-minute walk. The nearest GP is Huisartsenpraktijk A.J. van Verseveld, and Apotheek Oosterpark Groningen is nearby. The Universitair Medisch Centrum Groningen is about 1.1 km away.
How is the public transport connection?
Bus stops on the Florakade and Oostersluis, served by lines 6 and 406, are about a five-minute walk away. The nearest train station is Groningen Noord, at approximately 2.2 km. This gives you access to both local bus routes and the train network, though specific destinations and frequencies are not listed.
What is the neighbourhood like according to residents?
Residents of the wider district, which includes the Florabuurt, give their living environment an average score of 7.36 out of 10, based on twelve reviews. One resident describes it as a "neat friendly neighbourhood," while another mentions the "great spot, lots of amenities and close to the centre of Groningen." The district has a mix of households, with a notable share of single-person households.
How quickly do homes sell in this neighbourhood?
Homes in this neighbourhood are sold on average within 19 days, according to recent market data. This gives an indication of the pace of the local market. The asking price for this apartment is keen compared with the neighbourhood average, which may influence how quickly it attracts interest.
