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Studio Shortlet, Effurun-Warri
shortletstudioFurnished

Studio Shortlet, Effurun-Warri

Flat 2, 18 Refinery Road, Effurun-Warri, Effurun-Warri, Warri

₦35K/night

Ref: NDH-WR-007

1

Bedrooms

1

Bathrooms

1

Parking

45m²

Area

About this property

Cosy studio shortlet perfect for short stays, fully furnished with kitchenette and fast Wi-Fi.

Flat 2, 18 Refinery Road, Effurun-Warri, Effurun-Warri, Warri

Amenities

Furnished
Air Conditioning
Prepaid Meter
Security

Land & Title Documents

The agent confirms this property holds the following documents, as required under Nigerian land law.

Certificate of Occupancy

Verified

Investment Calculator

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

Gross rental yield

7.99%

Net rental yield

6.09%

Gross annual rent₦3K
Effective rent (after vacancy)₦3K
Annual operating cost- ₦525
Net annual income₦2K

Upfront purchase costs

Legal fees₦2K
Agency fee₦2K
Stamp duty₦700
Survey & inspection₦525
Total one-off costs₦5K
Deposit amount₦11K
Cash needed upfront₦15K

Financing

Loan amount₦25K
Monthly mortgage payment₦455
Monthly cash flow₦-277

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

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Contact Agent
Faith Edevbie

Faith Edevbie

Niger Delta Homes

Rent Calculator

Estimate your monthly rent

Annual rent₦35K
Rent period1 year
1 yr2 yrs3 yrs
Monthly equivalent₦3K

Total for 1 year: ₦35K

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

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