rentapartment

2-Bedroom Apartment, Ime-Obi Agbor

Flat 3, 15 Ime-Obi Road, Agbor, Ime-Obi, Agbor

₦700K/yr

Ref: AHE-AG-017

Bedrooms

Bathrooms

Parking

80m²

Area

About this property

Affordable rental apartment in a quiet residential area of Ime-Obi.

Location

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Flat 3, 15 Ime-Obi Road, Agbor, Ime-Obi, Agbor

Amenities

Borehole

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.

Purchase price (₦)

Monthly rent (₦)

Operating cost (%/yr)

Vacancy rate (%)

Deposit (%)

Interest rate (% APR)

Loan term (years)

Gross rental yield

6.00%

Net rental yield

4.20%

Gross annual rent₦42K

Effective rent (after vacancy)₦40K

Annual operating cost- ₦11K

Net annual income₦29K

Upfront purchase costs

Legal fees₦35K

Agency fee₦35K

Stamp duty₦14K

Survey & inspection₦11K

Total one-off costs₦95K

Deposit amount₦210K

Cash needed upfront₦305K

Financing

Loan amount₦490K

Monthly mortgage payment₦9K

Monthly cash flow₦-6,650

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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October 2026

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Contact Agent

Daniel Okonkwo

Agbor Heritage Estates

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Rent Calculator

Estimate your monthly rent

Annual rent₦700K

Rent period1 year

1 yr2 yrs3 yrs

Monthly equivalent₦58K

Total for 1 year: ₦700K

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

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