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1 bedroom apartment in Lavington

Lavington

Apartment

Under Construction

Description

This development is carefully designed to achieve a great balance between size and an affordable price point in Lavington. It comprises 370 units of 1 and 2 - bedroom apartments with great finishes and amenities spread over 17 floors, built up on a 1.1 acre plot. The interior layout is sleek and user-friendly, taking in perfect panoramic views and providing the ultimate living experience.

1br

1

61M2

Completion Date

Expected completion date: 24 Feb 2025

Cash Payment Details

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Cash Price:

Kshs 7,000,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (Kshs 469,000)

Installment Payment Details

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Installment Price:

Kshs 7,000,000

Installment Payment Plan:

20% deposit, balance payable across the construction period & additional 6.7 % of the sale price as closing cost (Kshs 469,000)

Home Loan Payment Details

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Home Loan Price:

Kshs 7,000,000

Deposit Percentage(%):

20%

Deposit Amount:

Kshs 1,400,000

5yr Repayment Options:

Kshs 117,611

10yr Repayment Options:

Kshs 72,463

15yr Repayment Options:

Kshs 58,477

Mortgage Payment Plan:

Approx:20% deposit, 80% balance paid upon completion by the financier. Home loan processing fees & closing cost at 4.5% of the sale price. Closing cost of the property at 6.7% of the sale price (Kshs 469,000))

Investment Profile
Expected Rent:

Kshs 60,000

Rental Yield(%):

10.29%

Payback Period(years):

10 Years

Service Charge(pm):

Kshs 7,000

Disclaimer:

The monthly home loan repayments are estimates and may vary depending on the financier.

Rental yields are estimates and may vary with time.

Amenities

Kid's Play Area

Borehole

Swimming pool

Ample parking

Fully equipped gym

Backup generator

CCTV

Lift

Manned Security

Intercom

Electric fence

Water storage facility

Satellite TV

Fibre optic infrastructure

Other Details
No. of Apartments:

370

Company

+254 743 466209 / +254 757 488833

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