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Retail Shop, Effurun Market Road
commercialshop

Retail Shop, Effurun Market Road

Shop 14, Effurun Market Road, Effurun-Warri, Warri

₦3M/yr

Ref: NDH-WR-008

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Bedrooms

1

Bathrooms

2

Parking

70m²

Area

About this property

Ground-floor retail space with high foot traffic, suitable for supermarket or pharmacy.

Shop 14, Effurun Market Road, Effurun-Warri, Warri

Amenities

Parking
Security
Prepaid Meter

Land & Title Documents

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

Certificate of Occupancy

Verified

Deed of Assignment

Verified

Investment Calculator

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

Gross rental yield

7.00%

Net rental yield

5.15%

Gross annual rent₦210K
Effective rent (after vacancy)₦200K
Annual operating cost- ₦45K
Net annual income₦155K

Upfront purchase costs

Legal fees₦150K
Agency fee₦150K
Stamp duty₦60K
Survey & inspection₦45K
Total one-off costs₦405K
Deposit amount₦900K
Cash needed upfront₦1.3M

Financing

Loan amount₦2.1M
Monthly mortgage payment₦39K
Monthly cash flow₦-26,123

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
Faith Edevbie

Faith Edevbie

Niger Delta Homes

Mortgage Calculator

Estimate your monthly repayment

Property price₦3M
Down payment20% · ₦600K
0%25%50%
Interest rate18% p.a.
5%17.5%30%
Loan term20 years
5 yrs15 yrs30 yrs
Monthly payment₦37K

Loan amount

₦2.4M

Total interest

₦6.5M

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

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