Key details

Title

Certificate of Occupancy

Subtype

Detached

Bedrooms

3

Bathrooms

3

Condition

Fairly Used

Furnishing

Unfurnished

Listing by

Agent

Property Type

House

Property Address

Iju

4 Units of 3-Bedroom Flats with BQ in Iju-Ishaga Highlights

• Certificate of Occupancy — A Certificate of Occupancy (C of O) is a legal document that confirms a building has been constructed in accordance with approved plans and is fit for habitation. It is crucial for property ownership and development in many regions.
• Detached House Layout — Detached houses offer greater privacy and independence as they are not attached to any other dwelling. They typically provide more space for outdoor activities and potential for expansion.
• Three Bedrooms — A three-bedroom house generally offers a good balance of living space and sleeping quarters, suitable for small to medium-sized families or those needing extra rooms for guests or a home office.
• Three Bathrooms — Having three bathrooms provides convenience and reduces waiting times, especially in households with multiple occupants. This often includes a master ensuite, a shared family bathroom, and a guest powder room.
• Fairly Used Condition — Fairly used properties have been previously occupied and may show signs of wear. They often represent a more affordable entry point into homeownership compared to brand new constructions.
• Unfurnished Property — An unfurnished property allows buyers the flexibility to decorate and furnish the space according to their personal style and needs. This can also lead to a lower initial purchase price.

Description

• Four units of 3-bedroom flats, each with a self-contained BQ, situated on a standard plot. • Located in a serene and gated neighborhood off Balogun Road, Iju-Ishaga, Ifako-Ijaiye, Lagos. • Property offers significant rental income potential, estimated at ₦10M–₦12M annually. • Each flat is projected to generate ₦2.5M–₦3M per annum in rent. • Title document is a Certificate of Occupancy (C of O). • An attractive investment opportunity for those seeking rental yield in Lagos. • Property is unfurnished, allowing for customization by new owners or tenants.

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