A block of 4 flats of 2 bedrooms and 2 numbers of miniflat at the back on a plot of land strategically located on a tarred street at Unity Estate, Egbeda, Lagos” suggests a residential real estate opportunity with several features:
Location: The property is situated in Unity Estate, Egbeda, Lagos, which seems to be a desirable location, especially with the mention of it being on a tarred street. This implies good accessibility and potentially higher property value.
Type of Property: It consists of a block of flats and miniflats. The block comprises four 2-bedroom flats, indicating larger living spaces, likely suitable for families. Additionally, there are two miniflats at the back, which typically consist of a single room apartment with a small kitchenette and bathroom.
Size: The property sits on a plot of land, implying a certain amount of land area. This information could be crucial for potential buyers or investors to assess the property’s value and potential use.
Potential: The property’s location on a tarred street, as well as its configuration, suggests potential for residential use or investment purposes. The presence of both larger flats and miniflats could cater to different segments of the rental market, providing versatility and potentially maximizing rental income.
Market Value: Without specific details on the size of the flats, condition of the property, amenities, and prevailing real estate market conditions, it’s challenging to estimate the property’s market value accurately. Factors such as proximity to essential amenities, quality of construction, and demand for rental properties in the area will influence its value.
Overall, this property appears to offer a combination of residential units in a desirable location, making it potentially attractive to buyers or investors seeking rental income or a place to live. However, conducting a thorough inspection and market analysis would be necessary to determine its actual value and investment potential.
Compare listings
Compare