Flat in apartment block, 3 rooms + kitchen + bathroom + glazed balcony, 72 m² — for owner-occupation or investment, Kotka

Bright three-room through flat with kitchen, bathroom and a glazed balcony.

The apartment is an end unit of the building and is therefore bright, with windows facing three directions.

The flat is on the third floor; entry from street level (2½ storeys).

The sauna, laundry room and storage spaces are in the basement, accessed half a storey down from street level.

The property is in Hovinsaari; nearby are a bus stop, daycare, school, corner shop, restaurant and other services.

Also Kotka town centre services are close: about a 2–3 minute drive or roughly 20 minutes on foot.

Images 1 and 2: views from the living-room balcony towards the yard.

Image 3: balcony at top right.

Images 4 and 5: views from the bedrooms to the street.

Image 6: end of the building — third floor, bedrooms’ windows.

Image 7: top left, kitchen window.

Quiet, well-run housing company.

Plot ownership: freehold.

Flooring: vinyl in the hallway, kitchen and bedrooms.

Laminated flooring in the living room.

Tiles in the bathroom.

All windows have blinds.

The kitchen units are still in relatively good condition — likely Puustelli.

The kitchen has an electric oven/hob.

Fridge/freezer.

Dishwasher (not installed).

In the basement: sauna, laundry room and the apartment's storage.

The apartment is partly furnished and has been rented since November 2022.

There are currently no tenants, so it is available for immediate personal use.

The flat is tidy and easy to let.

Rent €730.00/month — Housing company charge €417.60 = €312.40/month

12 months × €312.40 = €3,748.80

The annual net rental income is €3,748.80 if the rent is €730.00/month.

Example: at a winning bid of €13,000 the capital yield is 28.8% if the rent is €730.00/month.

Example: at a winning bid of €16,000 the capital yield is 23.43% if the rent is €730.00/month.

The apartment is partly furnished and the highest bidder keeps the furniture.

Included furniture: kitchen table and a couple of chairs.

Beds in both bedrooms.

Low white cabinets in the bedrooms.

Ceiling lights and curtains visible in the photos/videos.

White bookcase in the living room.

Hall mirror and a small table.

Paintings shown in the photos and video are NOT included in the auction price.

After acceptance of the highest bid the buyer must pay a deposit of €1,000.00 within 1 day.

The bank account number will be given to the bidder when the auction has ended.

If you do not have an account you can still participate in the auction.

Please contact Huutokaupat.com or the seller Transport Hannu Tuomalainen.

If you have any questions about the property, contact the seller Transport Hannu Tuomalainen.

To arrange a viewing contact Hannu Tuomalainen.