shortletstudioFurnished

Furnished 1-Bedroom Shortlet, Ughelli Town

Flat A, 7 Otovwodo Avenue, Ughelli Town, Ughelli Town, Ughelli

₦25K/night

Ref: URE-UG-018

Bedrooms

Bathrooms

Parking

50m²

Area

About this property

Modern shortlet with full kitchen, air conditioning and 24/7 security, ideal for business travellers.

Location

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Flat A, 7 Otovwodo Avenue, Ughelli Town, Ughelli Town, Ughelli

Amenities

Furnished

Air Conditioning

Prepaid Meter

Security

CCTV

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.

Purchase price (₦)

Monthly rent (₦)

Operating cost (%/yr)

Vacancy rate (%)

Deposit (%)

Interest rate (% APR)

Loan term (years)

Gross rental yield

8.02%

Net rental yield

6.12%

Gross annual rent₦2K

Effective rent (after vacancy)₦2K

Annual operating cost- ₦375

Net annual income₦2K

Upfront purchase costs

Legal fees₦1K

Agency fee₦1K

Stamp duty₦500

Survey & inspection₦375

Total one-off costs₦3K

Deposit amount₦8K

Cash needed upfront₦11K

Financing

Loan amount₦18K

Monthly mortgage payment₦325

Monthly cash flow₦-198

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

Grace Ighravwe

Ughelli Real Estate Co.

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Rent Calculator

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Annual rent₦25K

Rent period1 year

1 yr2 yrs3 yrs

Monthly equivalent₦2K

Total for 1 year: ₦25K

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

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