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2-Bedroom Flat, New Road Sapele
rentapartment

2-Bedroom Flat, New Road Sapele

Flat 1, 10 New Road, Sapele, New Road, Sapele

₦600K/yr

Ref: SLM-SA-013

2

Bedrooms

2

Bathrooms

1

Parking

75m²

Area

About this property

Clean, well-maintained flat with prepaid meter and steady water supply.

Flat 1, 10 New Road, Sapele, New Road, Sapele

Amenities

Borehole
Prepaid Meter
Tiled Floors

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

Investment Calculator

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

Gross rental yield

6.00%

Net rental yield

4.20%

Gross annual rent₦36K
Effective rent (after vacancy)₦34K
Annual operating cost- ₦9K
Net annual income₦25K

Upfront purchase costs

Legal fees₦30K
Agency fee₦30K
Stamp duty₦12K
Survey & inspection₦9K
Total one-off costs₦81K
Deposit amount₦180K
Cash needed upfront₦261K

Financing

Loan amount₦420K
Monthly mortgage payment₦8K
Monthly cash flow₦-5,700

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
Blessing Akporero

Blessing Akporero

Sapele Land Masters

Rent Calculator

Estimate your monthly rent

Annual rent₦600K
Rent period1 year
1 yr2 yrs3 yrs
Monthly equivalent₦50K

Total for 1 year: ₦600K

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

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