Neat cosmetically renovated one‑bedroom flat — 30% return on equity + parking space included, Järvenpää

For sale: rented, neat cosmetically renovated one‑bedroom flat in Järvenpää with a tenant in place!

The flat:
For sale is a rented, well‑kept one‑bedroom flat on Wärtsilänkatu in Järvenpää. The property belongs to Asunto Oy Järvenpään Wärtsilänkatu 76 and is, according to the company rules, 54 m² (2 rooms + kitchen). The flat is on the 4th floor and has a practical layout: separate kitchen, living room, bedroom, bathroom and plenty of storage for everyday needs.

The flat is a neat, cosmetically renovated unit suitable for letting. Light surfaces, a clear layout and spacious rooms make the flat attractive and functional for many tenants. At the tenant’s request the living‑room walls have been fully papered in a stylish finish (these are not visible in the listing photos). The 54 m² flat offers comfortable living space while remaining a sensible size for an investor and easy to let.

The sale also includes a parking space AP72 at no extra cost. The parking space is its own share series and carries no company loan. The winning bidder receives the parking space with the purchase, which adds value for the tenant’s use, separate letting or future resale.

The housing company:
Asunto Oy Järvenpään Wärtsilänkatu 76 is a block completed in 1976 with 43 apartments. The building stands on a leased plot (ground lease) with the lease running until 2066. The building has a lift and district heating.

Micro‑location:
The flat is located on Wärtsilänkatu in Järvenpää, conveniently close to everyday services and transport links. The location suits a tenant who values peaceful living while keeping services and connections within a reasonable distance.

Järvenpää:
Järvenpää is a growing, accessible town in central Uusimaa, within a reasonable distance of Helsinki and the rest of the capital region. Located on the main rail line, travel towards Helsinki is convenient for work or study. This makes Järvenpää an attractive option for tenants who want to live near the capital region at a lower cost. Järvenpää combines practical daily services, good transport links and generally lower living costs than the capital region. From an investor’s perspective this supports rental demand, especially for neat and reasonably priced one‑bed flats suitable for a single worker, couple or small household.

Tenancy:
The flat is let from 8 May 2026 on an open‑ended tenancy agreement. The property is let to a reliable tenant with clean credit records. The tenancy’s first possible termination date is 1 April 2027. The rent is €650/month + service charges. According to the lease, the water charge is €25/month/person and the parking space €13/month.

Rental yield:
The monthly maintenance charge for the flat is €351/month, leaving approximately €299/month in net rental income, i.e. €3,588/year. With a starting price of €11,500 the return on equity is 31.2% ((rent − maintenance charge) × 12 / sale price × 100). The flat carries a company loan of €28,582.35 as of 31 March 2026, so the debt‑free starting price is €40,082.35. The rental yield at the starting price is 9%. The low starting price allows an investor to buy a rented, well‑kept flat with a small equity requirement. The financing charge has been recorded in the company’s accounts as income, meaning it is tax‑deductible for the investor.

Why this property?

✅ Already let to a reliable tenant

✅ Cosmetically renovated 4th‑floor flat — good lettability
✅ Starting price only €11,500 — strong return on equity
✅ Debt‑free starting price only about €40,082 — inexpensive for a flat in Järvenpää
✅ Financing charge recorded as income — tax benefit for the investor
✅ Parking space included!

This is a good opportunity for an investor seeking a rented, well‑kept one‑bed flat in Järvenpää with high returns and a very low starting price