20 Bedroom Houses in Badore, Ajah, Lagos

Spaciously built detached 3 bedrooms of five units and 2 bedrooms of five units in a well secured estate. each flat has it's parking space, with toilets and balcony. the compound is well paved, fenced and gated with good drainage system that prevents the compound floodi...

For sale -- block of flats / apartments --- greenville estate, badore, ajah 690 sqm ₦110,000,000 (net) overview: rare ready‑income, renovated apartment block in greenville estate, badore (ajah). this turnkey asset comprises two 4‑bedroom flats plus ten self‑contained studio/room units (all rooms ensuite) totalling 18 ensuite rooms. sitting on 690 sqm, the property is fully renovated, vacant and priced to sell at ₦110 million net --- an attractive acquisition for investors seeking immediate rental income or a hands‑on owner‑operator. property summary - property type: residential block of flats / mixed unit apartment block - unit mix: 2 × 4‑bedroom flats + 10 × self‑contained room units (studio/room) - total rooms: 18 (all ensuite) - land size: 690 sqm - condition: renovated --- vacant and ready for occupation or letting - current / projected total annual rent: ₦9,000,000 (indicative) - asking price: ₦110,000,000 (one hundred and ten million naira) --- net key features & highlights - renovated and well‑maintained block offering modern, practical finishes suitable for immediate letting. - all rooms ensuite --- strong appeal to professionals, single tenants and small families. - mix of family apartments and self‑contained units provides diversified rental income streams. - located within greenville estate --- secure estate environment attractive to tenants. - efficient use of 690 sqm plot with parking and external circulation areas (confirm exact parking count on inspection). - vacant possession --- immediate occupation, letting or light re‑branding possible. investment appeal & use cases - buy‑to‑let investor: diversify rental portfolio with mixed unit types and steady annual income. - owner‑occupier with rental subsidy: live in one unit and rent remaining units for income. - short‑stay / serviced apartment conversion: with targeted furnishing and management, units could command premium nightly rates. - student or staff housing for nearby employers or institutions (subject to demand and approvals). financial & yield notes - stated total annual rent: ₦9,000,000 (useful as a baseline for rent roll; actual income will depend on occupancy, rent levels and management). - attractive entry price relative to replacement cost --- renovation already completed, reducing near‑term capex. - investors should build a cashflow model incorporating vacancies, management fees and service costs to assess yield. due diligence & recommended checks - title & documentation: request certified title documents (c of o / deed / conveyance or other) and instruct solicitors for verification. - tenancy & financials: request historic rent roll (if any), operating expenses and service charge details. - technical: inspect the property; obtain a basic snagging/condition report (roof, mep, plumbing, electrics) despite recent renovation. - legal & compliance: confirm planning/use permissions, estate bye‑laws and any outstanding rates or levies. - utilities: verify power, water and waste arrangements and any borehole/generator provisions. viewing & sale process - viewings: by appointment only --- proof of funds or serious buyer pre‑qualification required before full dossier and site access are released. - offers: submit a letter of intent (loi) with buyer profile and proof of funds. shortlisted buyers will receive full documentation and be invited for inspection. - transaction: standard solicitor‑led conveyancing; buyer to budget for legal fees, stamp duty and registration charges. note: all information is provided in good faith and should be independently verified by prospective buyers and their advisers. price and availability are subject to prior sale. contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties ref: nn...