Ready-rented charming one-bedroom flat with parking in Hämeenlinna on its own plot!, Hämeenlinna

Hämeenlinna:

Hämeenlinna is the regional centre of Kanta-Häme and Finland's 15th largest city. Approximately 68,000 people live in Hämeenlinna (2024), and according to Statistics Finland forecasts the population will remain relatively stable in the coming years. Population projections expect a 1–4% increase by 2040. Hämeenlinna's employment situation is good. Major employers include Hämeenlinna city, the Kanta-Häme hospital district, the Finnish Defence Forces and several industrial companies such as UPM-Kymmene and SSAB.

The city is home to Häme University of Applied Sciences (HAMK), with around 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 within reasonable distance. Transport connections are excellent: Tampere and Helsinki are easily reached by both train and motorway. The train journey to Helsinki takes only about an hour. The city's central location makes it attractive for both residents and businesses.

Local area:

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

The apartment:

The apartment is a 40 m² one-bedroom (two-room) flat on the 2nd floor. The flat has its own balcony and is a spacious two-room layout suitable for someone who values practicality and modern solutions. The kitchen is fitted with modern integrated appliances and the apartment includes a dishwasher and a connection for a washing machine. Modern finishes, underfloor heating and a well-equipped bathroom make living easy and comfortable.

Housing company:

As Oy Hämeenlinnan Majuri is a housing company completed in 2017 that owns its plot. The company consists of 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 term ends on 18 November 2050. The capital charge includes both interest and loan repayments. The apartment's share of the housing company loan as at 31 March 2026 is €102,806.31.

Rental income:

The apartment is currently let on a permanent lease starting 1 June 2022, meaning there is a long-term and reliable tenant. The rent is €791.37/month and a water advance of €27/person/month. The capital charge from 1 May 2026 is €562/month, and the maintenance charge is €200/month. As a result, the apartment's cash flow is a positive €29.37. The capital charge's loan repayments build the investor's net assets monthly. The parking space maintenance charge is €18.75/month and the market rent for a parking space in the area is €25–30/month. The parking space will be available from 1 May 2026.

Why this property?

✅ Completed in 2017 and comparable to new, so there are no renovation worries.

✅ The apartment is already rented.

✅ Get into a good property with small initial capital.

✅ The apartment's cash flow is clearly positive, even though the capital charge includes both repayment and interest 💰

✅ Loan repayments included in the capital charge build the investor's net assets 💰

✅ Modern fittings in the apartment.

✅ The rental market in Hämeenlinna works very well.

✅ The recorded housing company loan provides the investor with significant tax advantages.

By placing a bid the bidder commits to purchasing the parking space for €2,000, which is not included in the bid price.