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

The apartment is let on an open-ended lease. Rent is €795/month + water. The apartment is rented out through an operator from us, furnished.

On 25 November 2025 the Board of the University of Oulu decided to build an entirely new university campus in Kontinkangas. The University will move in stages from the Linnanmaa premises to the new unified Kontinkangas campus. Construction is estimated to begin in 2027. This is expected to significantly increase the property's value and rental demand.

Offered at auction: a renovated first-floor flat in a building with a lift in the Kontinkangas district of Oulu (not at street level).

Shares numbers 80–155 in the company Asunto Oy Oulun Sairaalanrinteen Lääkäri (business ID 3012024-9) (3 rooms + kitchen, 76 m²), which entitle the holder to possession of the flat at Sairaalanrinne 4 H A2, 90220 Oulu.

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

An extensive renovation was carried out by the insurance company October 2023–January 2024.

The flat has new flooring throughout; old vinyl coverings were removed at the same time (so the indoor air is fresh). The bathroom was also renovated, including the floor covering.

Good location, just under 3 km from Oulu city centre. Oulu University Hospital and a 24-hour shop are next door, the Kastelli multipurpose building is across the road (including, for example, a school and daycare), and the polytechnic and vocational college social and health units are about 1 km away. New developments have also been built in the same courtyard, which underlines the good location.

Maintenance charge for the flat €304/month.

Ground rent charge €288.04/month (the housing company sits on a plot owned by Ålandsbankens land fund).

Cable TV €0.20/month.

Broadband €2.00/month.

Water charge €22/person.

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

The flat is debt-free and has no outstanding charges.

The building was completed in 1974.

District heating.

Property maintenance is handled by a maintenance company.

Property management: Kiinteistötahkola, Aleksi Lepistö