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2 bedroom apartment + SQ in Westlands

Westlands

Apartment

Under Construction

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 April 2026.

2br

3

131M2

Completion Date

Expected completion date: 01 Apr 2026

Cash Payment Details

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Cash Price:

Kshs 14,800,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost ( Kshs 991,600)

Installment Payment Details

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Installment Price:

Kshs 14,800,000

Installment Payment Plan:

20 % deposit, balance spread across construction period & additional 6.7 % of the sale price as closing cost ( Kshs 991,600)

Home Loan Payment Details

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Home Loan Price:

Kshs 14,800,000

Deposit Percentage(%):

20%

Deposit Amount:

Kshs 2,960,000

5yr Repayment Options:

Kshs 248,663

10yr Repayment Options:

Kshs 153,207

15yr Repayment Options:

Kshs 123,637

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 991,600)

Investment Profile
Expected Rent:

Kshs 100,000

Rental Yield(%):

8.11%

Payback Period(years):

12 Years

Service Charge(pm):

Kshs 10,000

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

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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