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600sqm Land, Sapele-Warri Road
saleland

600sqm Land, Sapele-Warri Road

Plot 22, Sapele-Warri Road, Sapele, Sapele-Warri Road, Sapele

₦18M

Ref: SLM-SA-012

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Bedrooms

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Bathrooms

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Parking

600m²

Area

About this property

Dry, fenced plot of land with C of O, suitable for residential or mixed-use development.

Plot 22, Sapele-Warri Road, Sapele, Sapele-Warri Road, Sapele

Land & Title Documents

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

Certificate of Occupancy

Verified

Survey Plan

Verified

Deed of Assignment

Verified

Governor's Consent

Verified

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₦900K
Effective rent (after vacancy)₦855K
Annual operating cost- ₦270K
Net annual income₦585K

Upfront purchase costs

Legal fees₦900K
Agency fee₦900K
Stamp duty₦360K
Survey & inspection₦270K
Total one-off costs₦2.4M
Deposit amount₦5.4M
Cash needed upfront₦7.8M

Financing

Loan amount₦12.6M
Monthly mortgage payment₦234K
Monthly cash flow₦-185,240

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
Blessing Akporero

Blessing Akporero

Sapele Land Masters

Mortgage Calculator

Estimate your monthly repayment

Property price₦18M
Down payment20% · ₦3.6M
0%25%50%
Interest rate18% p.a.
5%17.5%30%
Loan term20 years
5 yrs15 yrs30 yrs
Monthly payment₦222K

Loan amount

₦14.4M

Total interest

₦38.9M

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

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