Rented renovated three-room apartment next to Oulu's future university!, Oulu

The apartment is let on an open-ended (rolling) lease. Rent €795/month + water. The apartment is being sublet furnished by an operator through us. Earliest possible lease termination date: 1 May 2026 with 1 month's notice.

The Board of the University of Oulu decided on 25 November 2025 to build a completely new university campus in Kontinkangas. The University of Oulu will move in stages from the Linnanmaa facilities to the new unified Kontinkangas campus. Construction work is estimated to begin in 2027. This is expected to increase the apartment's value and rental demand significantly.

For auction: a renovated first-floor apartment with lift in Kontinkangas, Oulu (not at street level).

Shares no. 80–155 in the company Asunto Oy Oulun Sairaalanrinteen Lääkäri (business ID 3012024-9) (3 rooms + kitchen, 76 m²), entitling ownership of the apartment at Sairaalanrinne 4 H A2, 90220 Oulu.

The apartment is sold immediately vacant for the buyer's own use or as an investment. It has been used for rental and has just been vacated by the current tenant.

An extensive renovation was carried out Oct 2023–Jan 2024 under the insurance company's supervision.

The apartment's flooring has been fully renewed; old vinyl floor coverings were removed at the same time (so indoor air is fresh). The bathroom was also renovated from a vinyl surface during the same works.

Good location, just under 3 km from Oulu city centre. Oulu University Hospital and a 24-hour shop are nearby; Kastelli multi-purpose building (including school and daycare) is across the road, and the UAS and vocational school's social and health units are about 1 km away. New-build projects have also been constructed in the same courtyard, reflecting the favourable location.

Maintenance charge €304/month.

Ground lease charge €288.04/month (the housing company sits on a plot owned by Ålandsbanken's land fund).

Cable TV €0.20/month.

Broadband €2.00/month.

Water €22/person.

Renovation reserve charge €76/month for future works. No specific renovations have been decided.

The apartment is debt-free and has no outstanding arrears.

The building was completed in 1974.

District heating.

Property maintenance is handled by a maintenance company.

Property management: Kiinteistötahkola, Aleksi Lepistö