Distress sale --- 6‑bedroom terrace (2 floors) on corner plot with parking for 6 cars ---
harrison ii estate, ikate (by meadow hall) ---
price:₦300,000,000
full video available
urgent sale
--- spacious 6‑bedroom, 2‑storey terrace on a prominent corner plot in harrison ii estate, ikate. generous parking (6 cars), pool, playground and excellent access to coastal road & lekki‑epe expressway.
clear title pack: c of o, deed, allocation & building approval.
price ₦300m --- viewings by appointment.
key facts
- property type: 2‑storey terrace house (6 bedrooms) --- distress sale
- location: harrison ii estate, ikate‑lekki --- adjacent to meadow hall school
- plot position: corner piece (enhanced frontage, visibility & ventilation)
- land / building area: (confirm exact plot/building sqm with seller)
- parking: large compound with space for up to 6 cars (private off‑street parking)
- amenities within estate: central playground, communal swimming pool, serene landscaped environment & estate security
- title & approvals: lagos certificate of occupancy (c of o), deed of assignment, allocation papers, building approval (available for verification)
- asking price: ₦300,000,000 (three hundred million naira) --- distress sale; priced for quick disposal
- transaction: for sale --- offers invited; fast close preferred
- viewings: strictly by appointment for qualified buyers
description
a rare distress sale opportunity in the prestigious harrison ii estate, ikate --- this substantial two‑storey, 6‑bedroom terrace sits on a prominent corner plot and offers exceptional value for investors or owner‑occupiers seeking immediate possession. the home features expansive internal spaces spread over two floors, multiple living zones, and an oversized compound with parking for six vehicles --- a significant advantage in lekki. residents enjoy estate amenities including a central playground, communal pool and a quiet, secure environment. the property benefits from excellent connectivity with direct access to the coastal road and the lekki‑epe expressway, placing major commercial and lifestyle hubs within easy reach.
given the distress nature of the sale, the seller is motivated for a swift, clean transaction. clear title documentation (c of o, deed, allocation and building approval) is available --- making this an attractive acquisition for cash buyers, investors seeking rental income or buyers who want an immediate move‑in property at a reduced market entry price.
property features & highlights
- 6 generously sized bedrooms (arrangements of en‑suites and family bathrooms to be confirmed)
- two floors with flexible layout: formal living/dining, family lounge, service areas and staff quarters (confirm bq status)
- large corner compound providing privacy, garden space and parking for up to 6 cars --- ideal for multi‑car households or rental positioning.
- estate amenities: communal swimming pool, central playground, well‑maintained landscaping and 24/7 estate security.
- strategic location: immediate proximity to meadow hall school, easy access to coastal road and lekki‑epe expressway --- premium catchment for families and executives.
- clear title & approvals: c of o, deed, allocation, building approval --- available for qualified buyers.
condition & technical notes
- property condition: sold "as is" due to the distress nature of the sale. internal condition, recent refurbishments and any outstanding maintenance or snagging items to be confirmed by inspection.
- recommended technical checks for buyer: structural survey, roof & damp inspection, electrical & plumbing audit, hvac and generator system check (if applicable).
- verify as‑built plans against approved building approval to confirm compliance and scope for any renovation or extension works.
indicative use
- owner‑occupier: immediate family home in a secure estate with excellent schooling and lifestyle access.
- investor: buy‑and‑hold rental targeting high‑demand family tenants; potential for strong occupancy thanks to location.
- value‑add play: refurbishment and premium repositioning (modern finishes, smart home upgrades) to increase rental or resale value.
- conversion: subject to approvals, subdivide into multiple rental units or serviced apartments for higher yield (confirm estate covenants and planning permissions).
indicative yield modelling (illustrative)
- example rents for a fully refurbished 6‑bed family home in ikate/lekki: ₦4.5m--₦10m per annum depending on finish and tenancy profile.
- for investors: validate current market rents and occupancy to calculate net yield after management, maintenance and taxes. (we recommend a bespoke cashflow model once rental comps are provided.)
documents & due diligence available
- lagos c of o (certificate of occupancy)
- deed of assignment & allocation papers
- building approval / approved plans
- estate compliance documentation (estate rules, levy status) --- to be provided on request
- recommended further checks: encumbrance search, outstanding rates & levies confirmation, utility account status, and a full structural & services inspection
how we work / sale process (concise)
1. express interest and provide buyer credentials / proof of funds.
2. sign nda (if required) and request title pack --- we issue documents to qualified buyers.
3. arrange site viewing and technical inspection by appointment.
4. submit offer (indicative & then binding). given distress nature, seller prefers quick exchange and speedy completion.
5. complete legal & technical due diligence, execute sale documents and transfer.
ref: d...
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