A fully rented two-room apartment on Sepänniemenkatu in Lahti with a rental yield of over 8%!
For sale: a neat, two-room apartment that’s already rented out, with good rental income, in a great housing complex!
Price excluding VAT 47,000 €
Selling Price 42,786.01 €
Cash Flow / Month 328 €
Rental income 8.37 %
Information about the apartment
| Address | 2 Sepänniemenkatu |
|---|---|
| Apartment | D 11 |
| Type | 2 bedrooms + kitchen + living room |
| Floor | 1 |
| Area | 45m2 |
| Rent | 499 € |
| Maintenance fee | 171 € |
| Financial compensation | 65,70 € |
| Debt ratio | 4 213,99 € |
| Plot | Rent |
| Status |
Free
|
A fully rented two-room apartment on Sepänniemenkatu in Lahti with a rental yield of over 8%!
- A well-maintained, fully furnished one-bedroom apartment
- The apartment is located in a peaceful, nature-rich area just a short drive from the amenities in Lahti!
- The company was well looked after
- Domestic water pipes replaced, geothermal heating company!
- The apartment has an 8.37% rental yield and a strong cash flow of €328 per month
- Return on equity of up to 19.74% and cash flow of €137.00 per month with 70% financing*
- *The loan is calculated based on a 20-year term and a total interest rate of 3.5%. The monthly loan payment, including interest, is €191.00 in this calculation. Cash flow is calculated using the formula: rent + maintenance fees – loan payment = €137.00 per month
Basic information about the housing company
- Name of the housing company: Asunto Oy Lahden Sepänniemenkatu 2
- Building type: Row house/Townhouse
- Year built: 1993
- Number of apartments: 82
- Floors: 1-2
- Elevator: No
- Sauna in the apartment building: Yes
- Building material: Concrete
- Roofing material: Metal roofing
- Roof type: Gable roof
- Energy Class: C2018
- Validity period of the energy certificate: November 21, 2035
- Energy Certificate: Yes
- Building antenna system: Cable TV
- Lot size: 17,105.00 m²
- Property Management: Alltime Property Management Lahti
- Property Management: Oiva Isännöinti Oy / Lahti
- Zoning Information: City of Lahti
- Zoning Status: Local Zoning Plan
- Heating: Geothermal heating
- Land ownership: Lease
Renovations carried out in the housing company
- 2025: Transition to geothermal heating
- 2024: Repair of the ground moisture problem at Building M
- 2023 Water Damage Repairs in Apartments P55 and P53
- 2022 Cleaning of Ventilation Ducts and Adjustment of Airflow Rates
- 2022 Additional Insulation for Roofs
- 2020 Domestic Water System Renovation
- 2020 Mailboxes Replaced
- 2020: The asphalt on the yard was partially redone
- 2020 Plumbing Fixture Maintenance
- 2020 Stormwater System Improvement
- 2020 Renovation of Building Facades
- 2020 Replacement/Painting of Wooden Parts of the Warehouse Building
- 2015: Carpet rack replaced
- 2014 Expansion of Home Automation
- 2014 Window Maintenance and Repairs
- 2012 Ventilation Control
- 2012 Playground
- 2011 Locks serialized
- 2011 Doors for the Waste Shelter
- 2009 Heating Network Control
- 2008 Playground Renovation
- 2008 Minor Renovation of the Yard
Maintenance needs assessment
- Renovation of apartment bathrooms (to be decided in more detail in the summer of 2026)
- Replacing Smoke Detectors
- Non-essential measures:
- Removal of the roof coating and repainting of the roof. (The current roof coating is peeling away from the substrate. Technically, the roof is still functional and has remaining service life; therefore, this is purely a cosmetic measure if the housing association wishes to improve the appearance of the buildings’ roofs.)
Pictures of the apartment
Floor plan of the apartment
Apartment condition points
| Average condition score for the apartment | 3,5 |
|---|---|
| Average surface area of apartment | 3,5 |
| Average condition of the kitchen | 3,5 |
| Average condition of bathrooms | 3,5 |
| Description | Condition | Impact on re-renting |
| 1 | Broken and requires immediate replacement or repair. | This will likely affect re-renting. |
| 2 | Clear signs of wear, but still usable. | May affect re-renting. |
| 3 | In habitable condition and meets the tenant's needs. | Unlikely to affect re-rental. |
| 4 | Very neat and in good condition. | Unlikely to affect re-rental. |
| 5 | In new condition. | Does not affect re-renting. |
The condition scores for each living space are averages based on detailed condition scores for the different rooms in the apartment. Check out the detailed condition scores for the apartment in the apartment materials!
Real estate investor's return and loan calculator
Estimated loan amount (monthly)
Cash flow
Return on equity (ROE)
Required equity capital
Location of the destination on the map
Lahti as an investment city
Lahti – A dynamic investment city in the heart of growing Southern Finland
Lahti, Finland's eighth largest city, is a lively and developing center that offers diverse opportunities for residential investors. With a population of over 120,000, the urban area provides a solid foundation for housing demand, and Lahti's location in the middle of Southern Finland's growth corridor reinforces its position as an attractive investment destination. The city's diverse services, strong industrial heritage, and investments in green technology make it a unique combination of tradition and future prospects.
Why choose Lahti for real estate investment?
Lahti is a city that leaves no one cold. Its excellent transport connections to Helsinki and elsewhere in Finland make it an ideal location for both work and leisure. The city's continuous development is reflected in the emergence of new residential areas, businesses, and services, which creates a stable foundation for housing demand and rental income. Lahti is also known for its active cultural and sporting life, which attracts residents and increases the city's appeal. Lahti's affordable housing offers a wide range of options, from new developments to renovated apartments, so every investor is sure to find a property that suits their budget and goals. Lahti is a city that pulsates with life and offers real estate investors the opportunity to be part of its success story.
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Aarne Urvas
Sami Suojala
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