2bdrm Apartment in Langata for sale

Prime Investment Opportunity: 2-Bedroom Apartment in Langata

This well-maintained 2-bedroom apartment presents an excellent investment opportunity in one of Nairobi's most sought-after neighborhoods. Situated on Madaraka Road, just minutes from Strathmore University, the property offers both immediate rental income and significant upside potential.

Property Highlights:

• Prime Location: Madaraka Rd, Langata - close to Strathmore University and major amenities
• Current Rental Income: KES 55,000 per month (KES 660,000 annually)
• Student Rental Potential: Up to KES 80,000/month by renting to 4 students (KES 20,000 each)
• Property Condition: Fairly used, semi-furnished
• Spacious Layout: 2 bedrooms, 1 bathroom

Property Features:

• 24-hour electricity supply
• Private balcony with natural light
• Modern kitchen with cabinets and shelves
• Built-in wardrobes in bedrooms
• Dedicated dining area
• Reliable hot water system
• Wi-Fi ready

The apartment is currently tenanted, providing immediate cash flow, while offering the potential for significantly higher returns through student accommodation. The proximity to Strathmore University ensures consistent rental demand.

Priced at KES 7,500,000, this property represents an excellent entry point for investors looking to build a portfolio in Nairobi's thriving rental market. The current configuration yields a respectable 8.8% annual return, with potential to increase to 12.8% through optimized student rentals.