1 bedroom apartment in Lavington

Apartment

Under Construction

Description

The development is carefully designed to achieve a great balance between size and an affordable price point in Lavington. It mirrors the previously completed development by the same developer with great finishes and amenities spread over a 1-acre plot. The interior layout is sleek and user-friendly, taking in perfect panoramic views and providing the ultimate living experience. It offers 1 bedroom and 2 bedroom apartments at great prices.

1br

1

61M2

Completion Date

Expected completion date: 2025-02-25

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 (KES 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 (KES 469,000)

Mortgage Payment Details

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Mortgage Price:

Kshs 7,000,000

Deposit:

20%

Deposit Amount:

Kshs 1,400,000

5yr Repayment Options:

Kshs 117,611 p.m

10yr Repayment Options:

Kshs 72,463 p.m

15yr Repayment Options:

Kshs 58,477 p.m

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 (KES 469,000))

Investment Profile
Expected Rent:

Kshs 60,000

Rental Yield:

10.29%

Payback Period:

9.72 years

Service Charge:

Kshs 7,000 pm

Disclaimer:

The monthly mortgage 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

Company

+254 743 466209 / +254 757 488833

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