Pipe-renovated rented three-room flat, Kuopio

For sale to the highest bidder: a pipe‑renovated three‑room flat already let in a great location!

Property:
A well‑maintained 83 m² three‑room flat with a balcony on the building's 2nd floor. The layout is practical: two bedrooms, living room, separate kitchen and a bathroom with washing machine connection. The flat is well suited for letting; a dishwasher was replaced this year.

Kuopio as an investment city:

Kuopio is located in the North Savo region by Lake Kallavesi. It has over 120,000 residents and is Finland's 8th largest city (Source: www.kuopio.fi). In 2020 Kuopio ranked 1st among Finland's largest cities in a survey by Pellervo Economic Research (Source: www.vuokranantajat.fi).

Kuopio offers diverse services and good transport links: several shopping centres, restaurants, cultural venues and sports facilities, and many annual events. The city is also known for its beautiful nature and lake scenery. Kuopio is attractive to property investors; its housing market has been stable and property prices reasonable compared with other major Finnish cities. The growing student population in particular increases demand for rental housing.

Housing company:

The company comprises one building with 26 apartments. The most significant renovations have been carried out — see the list below. The company is calm and the atmosphere in the building is good. Letting prospects in the area and in the company are excellent.

Tenant:

The flat is let under an open‑ended tenancy agreement to reliable tenants with clean credit records from 15 November 2025. The first possible termination date is 1 September 2026, so the landlord can expect secure rental income.

Rental income:

The monthly rent is €925. After the maintenance charge the property yields €510.00 per month, i.e. €6,120.00 per year. The apartment carries a housing company loan balance of €59,134.12 (as at 30 September 2025). The housing company loan has been recognised in the company's accounts, so the financing charge is fully tax‑deductible. The exact loan amount will be updated at completion.

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 city centre
- 2.2 km Kuopio harbour
- 2.3 km Kuopio City Library
- 4–5 km various campuses of the University of Eastern Finland

Major renovations:

- Windows and balcony doors replaced 1999
- Lifts installed and stairwells renovated 2006
- Plot supply and main sewer replaced 2006
- Extract ventilation units replaced 2008
- Domestic water pipes renewed and apartment water meters installed 2013
- Balconies renovated and glazed 2018
- Sewer network relined (sukkitus) 2021

Why bid on this property:
✅ Reliable tenant (clean credit history)
✅ Low purchase price → excellent return on equity
✅ Housing company loan → enables leverage and tax‑deduction benefit
✅ Location – peaceful, close to nature, near services and the shore, 2 km to the centre
✅ Major housing company renovations completed

Bid now to secure yourself an excellent investment for Christmas at a great discount!