Rented Apartment Block — Two-room Flat at a Low Sale Price, Jyväskylä

Here is a profitable rental investment offered at a low sale price!

The flat is already let and, according to the maintenance needs report, no major renovations are expected in the near future.

Flat:
The flat is a 63 m² two-room apartment with a balcony, two bedrooms and an open-plan kitchen. The property is in basic but tidy condition. It has just been painted and features a new dishwasher and fridge/freezer. The flat is located on the first floor. The bathroom includes a washing machine belonging to the flat.

Housing company:
Asunto Oy Jyväskylän Helokantalot is a large housing company built in 1977. The company comprises 225 apartments and one commercial unit. Major renovations were carried out in 1994–1999 and necessary repairs have been made since. The housing company is professionally managed and well maintained.

Location:

The flat is located in Keltinmäki, Jyväskylä. Jyväskylä is an excellent location for a property investor — it is home to the University of Jyväskylä and a university of applied sciences. Keltinmäki is about 5 kilometres from Jyväskylä city centre. The area has good basic services, e.g. a Sale convenience store, a library, a daycare centre and a primary school. Nearby is the Keljo shopping centre, which includes Cittari, Prisma, Lidl and fast-food restaurants.

The area has good bus connections to Jyväskylä city centre. Keltinmäki is close to nature, offering varied outdoor opportunities such as nature trails and cross-country skiing tracks.

Tenancy:

The tenancy agreement is open-ended and commenced on 1 July 2026. The rent for the flat is €530/month and the tenant also pays electricity and water charges.

Yield:

The flat yields €296.90 per month after the maintenance charge, i.e. €3,562.80 per year. The apartment carries a housing company loan of €26,006. The financing charge has been booked in the housing company’s accounts, so the investor can deduct it for tax purposes.

Why this is a good investment?

* Spacious two-room flat with a large balcony and two large bedrooms

* Large and well maintained housing company.

* Already rented!!!

* Low sale price