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Luxury 5 Bedroom Detached House
salehouse

Luxury 5 Bedroom Detached House

7 Coral Drive, Banana Island, Warri

₦850M

Ref: TA-BI002

5

Bedrooms

6

Bathrooms

5

Parking

720m²

Area

About this property

An architectural masterpiece featuring double-height ceilings, a home cinema, and panoramic city views.

7 Coral Drive, Banana Island, Warri

Amenities

Swimming pool
Gym
24/7 Power
Security
CCTV
Borehole

Investment Calculator

Estimate rental yield and purchase costs using Delta State market trends.

Gross rental yield

5.00%

Net rental yield

3.25%

Gross annual rent₦42.5M
Effective rent (after vacancy)₦40.4M
Annual operating cost- ₦12.8M
Net annual income₦27.6M

Upfront purchase costs

Legal fees₦42.5M
Agency fee₦42.5M
Stamp duty₦17M
Survey & inspection₦12.8M
Total one-off costs₦114.8M
Deposit amount₦255M
Cash needed upfront₦369.8M

Financing

Loan amount₦595M
Monthly mortgage payment₦11M
Monthly cash flow₦-8,747,423

Estimates only. Delta State yields typically range 5–8% for residential and 6–9% for commercial. Confirm legal fees, agency rates, and mortgage terms with your adviser before committing.

Schedule a viewing

Pick a day and time that works for you. The agent will confirm by phone.

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Contact Agent
Adaeze Okonkwo

Adaeze Okonkwo

Lekki Prime Realty

Mortgage Calculator

Estimate your monthly repayment

Property price₦850M
Down payment20% · ₦170M
0%25%50%
Interest rate18% p.a.
5%17.5%30%
Loan term20 years
5 yrs15 yrs30 yrs
Monthly payment₦10.5M

Loan amount

₦680M

Total interest

₦1.84B

Estimates only. Actual rates and terms vary by lender. Confirm with your bank or mortgage provider.

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