Renovated apartment full of light!
Joint ownership, wooden house
Sanitary arrangements: water boiler, bath, washing machine
Heating and ventilation: stove heating, electric heating, heated floors
Kitchen: refridgerator, kitchen furniture
Additional information: packet windows, furnishing possibility, separate rooms, new electric wiring, parking free parking
Neighbourhood: roads in good condition roads
This is a one-room apartment with a separate kitchen, and as an added value, it also features a stove. Suitable both as a home and for an investor who values steady cash flow.
APARTMENT
The apartment was renovated approximately 4 years ago. The windows, electrical system, and water and sewage pipelines have been updated. The flooring is laminate parquet. The apartment enjoys afternoon and evening sunlight.
Over the past 4 years, there have been no long vacancy periods, and demand has consistently been sufficient.
BUILDING AND OWNERSHIP
The building consists of 6 apartments in total. It is a co-ownership property, and no apartment association has been established. The share for sale constitutes 14/100 of the co-ownership. There is currently no renovation plan for the building.
The courtyard is spacious, and there is also access to a shed located on the property.
HEATING, SYSTEMS AND COSTS
The apartment has an 80-liter boiler and underfloor heating in the bathroom. Heating is provided by electric radiators and additionally by a stove. The electrical system has been updated during renovation. Electricity costs are approximately €100 per month in winter and €50 in summer.
DEVELOPMENT POTENTIAL
The property offers additional value potential. In the future, it is possible to purchase the attic space from co-owners and develop the building as a whole. Demand in the area is present, while supply is limited, creating potential for value growth.
LOCATION
The house is located in Kose municipality, in an area with stable rental demand and good connections to Tallinn – only a 30-minute drive. The nearest bus stop with connections to Tallinn is 350 meters away. It is a and quieter living environment, suitable for tenants who value affordability and good access to larger centers.
Feel free to get in touch if you are interested or would like more information.