SALE! Pipe-renovated rented three-room flat now at a very low asking price, Kuopio

NOTE: Price reduced! The yields below are calculated using the original price.

For sale to the highest bidder — a tenant-occupied, pipe-renovated three-room apartment in a great location!

Apartment:
A well-maintained 83 m² three-room apartment with a balcony on the 2nd floor. The property has a practical layout: two bedrooms, a living room, a separate kitchen and a bathroom with a washing machine connection. The flat is suitable for letting, and a dishwasher was replaced this year.

Kuopio as an investment city:

Kuopio is located in the North Savo region on the shore of Lake Kallavesi. The city has over 120,000 residents and is Finland’s 8th largest city (Source: www.kuopio.fi). In Pellervo Economic Research’s 2020 ranking, Kuopio was 1st among Finland’s largest cities (Source: www.vuokranantajat.fi).

Kuopio offers diverse services and good transport connections. There are several shopping centres, restaurants, cultural attractions and sports facilities, and many events are held annually. The city is also known for its beautiful nature and stunning lake scenery. Kuopio is attractive to property investors; the housing market has been stable and property prices reasonable compared with other large Finnish cities. The city’s growing student population also creates demand for rental housing.

Housing company:

The company comprises one building with 26 flats. The most significant renovations have been carried out — see the detailed list below. The building is peaceful and has a good atmosphere. Rental demand in the area and for this company is very good.

Tenant:

The flat is let under a tenancy agreement valid until further notice to reliable tenants with clean credit records, starting 15/11/2025. The first possible termination date is 01/09/2026, so the landlord can expect secure rental income.

Rental yield:

The monthly rent is €925. The property yields €510.00 per month after the maintenance charge, giving an annual yield of €6,120.00. The apartment’s share of the housing company loan is €59,134.12 (as of 30/09/2025). The company loan has been recorded in the company accounts, so the financing charge is fully tax-deductible. The exact loan amount will be updated at the time of sale.

Distances:

- 150 m bus stop
- 160 m K-Market
- 750 m Kalevala School
- 1.4 km Honkalahti beach
- 2 km travel centre
- 2.1 km Kuopio centre
- 2.2 km Kuopio harbour
- 2.3 km Kuopio City Library
- 4–5 km University of Eastern Finland campuses

Major renovations:

- Windows and balcony doors replaced 1999
- Lifts installed and stairwells renovated 2006
- Plot mains and main sewer replaced 2006
- Exhaust ventilation units replaced 2008
- Domestic water pipes replaced and apartment water meters installed 2013
- Balconies renovated and glazing installed 2018
- Sewer network relining 2021

Why bid on this property:
✅ Good and reliable tenant (clean credit history)
✅ Low sale price → excellent return on equity
✅ Housing company loan → allows leverage and tax-deduction benefits
✅ Location — peaceful, close to nature, near services and the waterfront, 2 km to the centre.
✅ Major building renovations completed

Bid now and give yourself a great investment for Christmas at a fantastic discount!