Rented nearly-new one-bedroom apartment with parking space in Hämeenlinna city centre, Hämeenlinna

Hämeenlinna:

Hämeenlinna is the administrative centre of the Kanta‑Häme region and Finland's 15th largest city. Approximately 68,000 people live in Hämeenlinna (2024). Statistics Finland forecasts the population to remain relatively stable in the coming years, with potential growth of around 1–4% by 2040. Employment in Hämeenlinna is reasonably good; major employers include the City of Hämeenlinna, the Kanta‑Häme hospital district, the Defence Forces and several industrial companies such as UPM‑Kymmene and SSAB.

Hämeen University of Applied Sciences (HAMK) operates in the city with about 7,200 students. There are also several secondary and vocational institutions. Hämeenlinna lies centrally between Tampere and Helsinki, and many who work in the capital region or Tampere live here. Turku and Lahti are also at a reasonable distance. Transport connections are excellent: Tampere and Helsinki are easily reachable by train and motorway. The train to Helsinki takes about one hour. The central location makes the city attractive both to residents and businesses.

Micro-location:

The property is on Vuorikatu, in the immediate vicinity of Hämeenlinna city centre, in the Old Finnish Barracks area, which has developed into a pleasant and sought‑after residential neighbourhood. Goodman shopping centre with its services is only a couple of hundred metres away, and other central services are easily reachable on foot or by bike. The nearby area also offers excellent outdoor and leisure opportunities, making the location attractive to both tenants and owner‑occupiers.

The apartment:

The apartment for sale is a 41.5 m² one‑bedroom (two‑room) flat on the first floor. The property has its own balcony and a spacious bedroom. The kitchen is fitted with modern integrated appliances and the apartment includes a dishwasher and a connection for a washing machine. Modern surfaces, underfloor heating and a well‑equipped bathroom make living easy and comfortable.

Housing company:

As Oy Hämeenlinnan Majuri is a freehold housing company completed in 2017. The company comprises 24 apartments and 7 parking spaces. The housing company loan terms were updated on 1 February 2026. The loan is an annuity loan with an interest rate of 1.88% + 12‑month Euribor, and the loan period ends on 18 November 2050. The financing charge includes both interest and principal repayments.

Rental yield:

The apartment is rented on a continuing tenancy agreement starting 1 February 2026, with the first possible notice period being 3 months from the start of the lease. Rent is €830/month, water advance €25/person/month and parking €25/month.

The maintenance charge is €207.50. The financing charge from 1 May 2026 is €583.08 and includes both principal repayments and interest. From 1 May 2026 the cash flow is therefore positive by €39.42 per month. The financing charge until 30 April 2026 is €612.13 (including interest and principal) and for that period the cash flow is also positive by €10.37. The maintenance charge for the parking space is €18.75, so the parking space cash flow is €6.25 positive per month. The parking space is rented to the apartment's tenant.

Why this property?

✅ Completed in 2017, practically like new, no renovation worries.

✅ Already rented

✅ Strongly positive cash flow, even though the financing charge includes both principal and interest

✅ Modern fittings in the apartment

✅ Hämeenlinna’s rental market works very well

✅ The recorded housing company loan provides significant tax benefits to the investor

The bidder undertakes, by placing a bid, to buy the parking space at a price of €4,000, which is not included in the auction price.