5 Bedroom Block of Flats with BQ in Alapere, Ketu

5 Bedroom Block of Flats with BQ in Alapere, Ketu - 1
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Price Analysis Great Deal

Based on 3899 similar listings

Market Demand

High Demand

Details

Title
Deed of Assignment, Registered Survey
Toilets
5
Bedrooms
5
Agent Fee
₦ 5,000,000
Bathrooms
5
Condition
Old
Furnishing
Unfurnished
Listing by
Agent
Estate Name
Kukoye street, Alapere Ketu
Property Type
Block of Flats
Property size
300 sqm
Self Contained
Yes
Property Address
Alapere Ketu

5 Bedroom Block of Flats with BQ in Alapere, Ketu Highlights

  • Established Neighbourhood: Properties in established areas often benefit from existing infrastructure, including access to utilities and transportation networks. These neighbourhoods typically have a sense of community and are well-connected to local amenities.
  • Multi-Unit Property Potential: A block of flats offers potential for multiple income streams through rental of individual units. This type of property can be attractive to investors seeking consistent returns or individuals looking to occupy one unit while renting out others.
  • Spacious Living Layout: With multiple bedrooms and bathrooms, this property type is designed to accommodate larger families or multiple occupants. The layout typically provides distinct living, sleeping, and private areas for enhanced comfort and functionality.
  • Potential for Renovation: Older properties can offer significant value through renovation and modernization. Buyers can update features to their personal taste and potentially increase the property's market value.
  • Utility Access Considerations: Access to reliable water and electricity is crucial for any residential property. Buyers should verify the current state and availability of these essential services, as well as any associated costs or necessary upgrades.

Description

• Block of 5 self-contained flats plus a BQ on a 300 sqm plot. • Property is a 3-minute walk from the main road, offering convenient access. • Situated in a developed area with 24/7 electricity under Band A tariff. • Potential for demolition and redevelopment into modern structures. • Located in Alapere, Ketu, a well-established residential and commercial hub. • Features Deed of Assignment and Registered Survey for clear title. • Asking price NGN 100,000,000 with a 5% agency fee (NGN 5,000,000).

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ConditionOldFairly UsedFairly Used
Property TypeBlock of FlatsBungalowBungalow
Bedrooms553
Bathrooms553
FurnishingUnfurnishedFurnishedUnfurnished
Self ContainedYes——
TitleDeed of Assignment, Registered SurveyReceipt (Signed), Registered Survey—
Toilets554
Agent Fee₦ 5,000,000——
Listing byAgentOwner—
Estate NameKukoye street, Alapere Ketu—In an Estate
Property size300 sqm720 sqm500 sqm
Property AddressAlapere KetuSHODIPO STREET, PAPA ASHAFA AGEGE LAGOSArab road, kubwa
Price₦ 100,000,000₦ 130,000,000₦ 90,000,000