14 Bedroom Block of Flats in Ijegun, Ikotun, Lagos

Property type: income‑producing block of flats (residential)location: ikotun / ijegun --- short walk to the local bus stop and convenient for commuterstitle: certificate of occupancy (c of o) --- available for verificationasking price: ₦110,000,000 property overview ------------------ a solid, well‑finished block of flats offering immediate rental income and strong redevelopment potential in a high‑demand residential corridor. the property is positioned close to public transport and neighbourhood amenities, making it attractive to tenants and investors seeking steady cashflow with low vacancy risk. unit mix --------------------------- - 6 × 2‑bedroom apartments - 5 × room‑and‑parlour apartments (one unit operates as a self‑contained)total units: 11 (please confirm unit breakdown during inspection) key features & finishes ------------------------------ - gerard round roofing --- durable and low maintenance - full pop ceilings throughout --- modern interior finish - fully tiled floors in all units --- easy upkeep and good presentation - built on more than one contiguous plot --- scope for expansion or redevelopment (subject to approvals) - secure, floored and gated compound with perimeter fencing for tenant privacy and safety - practical layouts designed for long‑term tenancy title & documentation --------------------------- - certificate of occupancy (c of o) --- certified copy available for pre‑inspection review - buyers should perform standard due diligence: title verification, boundary confirmation and solicitor engagement prior to payment investment highlights --------------------------- - immediate rental revenue from 11 income units --- diversified cashflow reduces vacancy risk - strong tenant catchment due to proximity to public transport (bus stop a few houses away) and local amenities - multi‑plot holding offers flexibility for future value‑adding redevelopment or expansion - well‑finished units minimise near‑term capital expenditure and expedite tenant placement suggested uses ------------------ - buy‑and‑hold rental investment for steady income - value‑add refurbishment and rental repositioning for higher yields - owner‑occupier occupying a larger unit and letting the remainder to offset mortgage/service costs sale terms & viewings --------------------------- - asking price: ₦110,000,000 (sensible offers considered for quick/compliant buyers) - viewings by appointment only; prospective buyers to provide proof of funds and valid id prior to inspection - certified copies of the c of o, survey plan and property photos available on request to qualified purchasers - reservation deposit and sale terms to be agreed upon offer acceptance; buyer's solicitor recommended for conveyancing what we can provide on request ------------------------------------ - high‑resolution photographs, unit floor plans and tenancy schedule (if occupied) - certified copies/scans of the c of o and survey plan - indicative rental income projection and yield analysis based on current market comparables - introductions to solicitors, surveyors and property managers for post‑acquisition support note: information provided by the vendor and subject to verification. prospective purchasers must carry out independent due diligence and legal checks prior to commitme...