2 bedroom apartment in Lavington

Apartment

Under Construction

Description

The development is a stylish 15-storey residential tower with top-notch finishes and amenities. It has a great mix of only 1 & 2-bedroom apartments of various sizes in a great location with promising rental income. Sitting on 0.6 acres in Lavington, buyers should expect great workmanship, quality finishes and proximity to various social amenities such as the Junction Mall, Braeburn School, Rusinga School, Aga Khan Clinic, Jaffreys Sports Club in addition to several restaurants and entertainment places.

2br

1

73M2

Completion Date

Expected completion date: 2024-11-28

Cash Payment Details

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Cash Price:

Kshs 8,000,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (KES 536,000)

Installment Payment Details

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Installment Price:

Kshs 8,000,000

Installment Payment Plan:

A booking fee of Kes 100,000, 20 % deposit, balance payable within the construction period & additional 6.7 % of the sale price as closing cost (KES 536,000)

Mortgage Payment Details

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Mortgage Price:

Kshs 8,000,000

Deposit:

20%

Deposit Amount:

Kshs 1,600,000

5yr Repayment Options:

Kshs 134,412 p.m

10yr Repayment Options:

Kshs 82,815 p.m

15yr Repayment Options:

Kshs 66,831 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 536,000)

Investment Profile
Expected Rent:

Kshs 65,000

Rental Yield:

9.75%

Payback Period:

10.26 years

Service Charge:

Kshs 5,000 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

Swimming pool

Garden

Intercom

Solar Lighting

Gym

Club House

High speed lifts

24 hour security

Community shop

Restaurant

Company

+254 743 466209 / +254 757 488833

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