Guide price
₦180,000,000
Brum Heights 5 — 2 & 3 Bedroom Apartments, Ikate, Lekki
Spar Road, Ikate, Lekki, Lagos
2 beds2 baths
Key information
- Tenure
- Freehold
- Broadband / connectivity
- Ready (High)
Key Features
- • Floor-to-ceiling windows
- • Built-in wardrobes
- • Wood grain cabinetry
- • Marble-effect tiling throughout
- • Modern POP ceiling
- • Boys quarters (3-bed units)
- • Rooftop level units available
- • Black frame glazing
Description
A well-finished apartment development on Spar Road, Ikate. One of Lekki's most active and accessible residential addresses. Brum Heights 5 delivers the same build quality the developer has become known for across the Brum Heights series. Floor-to-ceiling black frame windows, built-in wardrobes, wood grain fitted kitchen, and marble-effect tiling throughout. Every room is bright, proportioned, and finished to a standard that is rare at this price point in Lekki. Strong rental demand in Ikate makes this a practical choice for diaspora investors seeking a yield-generating Lekki asset.
INVESTMENT INTELLIGENCE
₦23.0M
Benchmark: Lekki Phase 1 · Beds: 2 · Multiplier: 1×
12.78%
Rent ÷ Purchase Price
10.22%
After expenses (20%)
Monthly Cash Flow Projection
| Item Description | Value (₦) |
|---|---|
| Gross Monthly Rent | 1,916,667 |
| Operating Expenses (20%) | (383,333) |
| Net Monthly Cash Flow | 1,533,333 |
Confidence: 86% · Source: Location benchmark dataset
Estimates based on market data and assumptions. Not financial advice. Not a guarantee of future performance. All figures are illustrative of current market intelligence.
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