Ready-rented, well-maintained apartment – potential for a flip project!, Jyväskylä

Ready-rented three-room apartment with sauna – immediate rental income + upside potential!

Offered now for investors: a top-floor 72 m² three-room apartment with sauna, already leased.

The flat is in tidy condition with a practical layout (3h+k+s+p+ap26) and is suitable for letting as-is. The property also offers potential for value growth through future renovation.

✔ Glazed balcony
✔ Private sauna
✔ Two WCs
✔ Good storage + walk-in wardrobe
✔ Parking space included with the apartment

✔ Washing machine and dishwasher connections

Income from day one

• Rent: €745/month + usage charges

• Maintenance charge: €381.20/month

Annual rental income: €4,365.60 (at the above rent and charge levels)

The tenant has paid on time. The lease is open-ended (started 1 December 2022). Payments are made by two tenants with an additional guarantor.

Micro-location – Kuokkala (Jyväskylä)
The apartment is about 3.5 km from Jyväskylä city centre. Kuokkala is a popular and pleasant residential area, combining peaceful living, comprehensive services and proximity to nature around Lake Jyväsjärvi.

Jyväskylä as an investment city
Growing Jyväskylä offers excellent opportunities for buy-to-let investors. The city is known for a strong local economy and an active housing market. Jyväskylä is a lively student city with a university and several universities of applied sciences, ensuring steady demand for rental housing. In addition to students, the city attracts young families and working professionals, creating a stable rental market. Jyväskylä also has good transport links and services, making letting simple and worry-free.

Housing company
Asunto Oy Kopparinlinna was built in 1990 and comprises 42 apartments. The building uses district heating.

The company has carried out several repairs, the largest of which include:

• window maintenance and painting

• modernisation of lift control centres and overhaul of lift machinery

• roof repairs

Flip potential
The apartment has flip potential compared with similar units currently on the market. At the time of writing there is a well-kept 64 m² apartment for €139,000 and a 55 m² apartment for €107,500. Based on these, the asking price for a 72 m² unit could be roughly between €140,727 and €156,375, depending on the scope and quality of renovation. A higher-quality renovation could push the price even higher.

Looking at recent completed sales, the value for a satisfactorily maintained apartment could be around €95,677.

This listing therefore offers a chance to acquire a flat below the area’s recent realised price level.

Why this property?

• Cash flow immediately – already let to reliable tenants

• Functional and desirable layout

• Sauna + glazed balcony + parking space

• Located in a strong rental market

• Flip opportunity!

📩 Ask for more information or request details – I’m happy to help with flip strategy brainstorming.

Henna Vihreävuori
henna@millenniumkiinteistot.com