1 bedroom apartment in Westlands

Apartment

Offplan

Description

This modern development is located along Raphta Road. It comprises 1 and 2 bedroom apartments, suitable for both live-in and investment. The 2 bedroom apartments come in 2 categories; 2 bedroom all ensuite ( 110 SQM) and 2 bedroom all ensuite plus SQ ( 131 SQM). Construction is currently underway, with completion expected in December 2025.

1br

1

71M2

Completion Date

Expected completion date: 2025-12-01

Cash Payment Details

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Cash Price:

Kshs 7,800,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (KES 522,600)

Installment Payment Details

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Installment Price:

Kshs 7,800,000

Installment Payment Plan:

20% deposit, balance spread across the construction period & additional 6.7 % of the sale price as closing cost (KES 522,600)

Mortgage Payment Details

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Mortgage Price:

Kshs 7,800,000

Deposit:

20%

Deposit Amount:

Kshs 1,560,000

5yr Repayment Options:

Kshs 131,052 p.m

10yr Repayment Options:

Kshs 80,745 p.m

15yr Repayment Options:

Kshs 65,160 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 522,600)

Investment Profile
Expected Rent:

Kshs 65,000

Rental Yield:

10.00%

Payback Period:

10.00 years

Service Charge:

Kshs 10,000 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

Borehole

Swimming pool

Ample parking

Fully equipped gym

Backup generator

CCTV

Intercom

High speed lifts

Large Balconies

Company

+254 743 466209 / +254 757 488833

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