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

The apartment is rented on an open-ended lease. The rent is €795/month + water. The apartment is rented out to us furnished by an operator.

On 25.11.2025, the Oulu University board decided to build a completely new university campus in Kontinkangas. The University of Oulu will move in phases from Linnanmaa to the new unified campus in Kontinkangas. Construction is estimated to begin in 2027. This will significantly increase the property’s value and rental demand.

For auction in Oulu’s Kontinkangas district: a renovated 1st-floor apartment in a building with a lift (however, not at street level).

Shares no. 80-155 in Asunto Oy Oulun Sairaalanrinteen Lääkäri (business ID 3012024-9), which entitle the holder to control the apartment at Sairaalanrinne 4 H A2, 90220 Oulu (3 rooms + kitchen, 76 m²).

The apartment is sold vacant immediately for the buyer’s own use or as an investment. The apartment has been used for rental purposes and has just become vacant from the current tenant.

A major renovation was carried out on the apartment by the insurance company in 10/2023-01/2024.

The flooring throughout the apartment has been renewed, and the old vinyl flooring surfaces were also removed at the same time (so the indoor air is fresh). The bathroom was also renovated on the same vinyl flooring at the same time.

Good location, less than 3 km from Oulu city centre. Oulu University Hospital and a 24-hour store are nearby, Kastelli multi-purpose building is on the other side of the road (including a school and daycare), and the social and health care units of the university of applied sciences and vocational school are about 1 km away. The fact that new-build properties have also been built in the same yard area says something about the location.

Maintenance charge for the apartment is €304/month.

Land lease charge €288.04/month (the housing company is located on land owned by Ålandsbanken’s land fund).

Cable TV €0.20/month.

Broadband €2.00/month.

Water charge €22/person.

Renovation charge €76/month for future renovations. There are no decided renovations.

The apartment is debt-free, and there are no payment arrears attached to it.

The housing company was completed in 1974.

District heating.

Property maintenance is handled by a maintenance company.

Property management: Kiinteistötahkola, Aleksi Lepistö