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3-Bedroom Flat, Oteri Road Ughelli

Flat 2, 20 Oteri Road, Ughelli, Oteri Road, Ughelli

₦900K/yr

Ref: URE-UG-019

Bedrooms

Bathrooms

Parking

120m²

Area

About this property

Spacious flat with large rooms and ample natural light, close to Ughelli main market.

Location

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Flat 2, 20 Oteri Road, Ughelli, Oteri Road, Ughelli

Amenities

Borehole

Prepaid Meter

Tiled Floors

Parking

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

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₦54K

Effective rent (after vacancy)₦51K

Annual operating cost- ₦14K

Net annual income₦38K

Upfront purchase costs

Legal fees₦45K

Agency fee₦45K

Stamp duty₦18K

Survey & inspection₦14K

Total one-off costs₦122K

Deposit amount₦270K

Cash needed upfront₦392K

Financing

Loan amount₦630K

Monthly mortgage payment₦12K

Monthly cash flow₦-8,549

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

Estimate your monthly rent

Annual rent₦900K

Rent period1 year

1 yr2 yrs3 yrs

Monthly equivalent₦75K

Total for 1 year: ₦900K

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

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