3-Bedroom Bungalow on 100x100ft Plot in Riruta

3-Bedroom Bungalow on 100x100ft Plot in Riruta - 1
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Price Analysis Above Market

Based on 668 similar listings

Negotiation Tips

Price is significantly above market

Suggested offer: KSh 16M

Potential discount up to 64%

Market Demand

High Demand

Details

Bedrooms
3
Bathrooms
3
Condition
Old
Furnishing
Unfurnished
Listing by
Agent
Property Type
Bungalow
Property size
200 sqm
Self Contained
Yes
Property Address
nyakinywa road

3-Bedroom Bungalow on 100x100ft Plot in Riruta Highlights

  • Established Neighbourhood: Bungalows in established areas like Riruta often benefit from proximity to essential services, schools, and local markets. These neighbourhoods typically have a sense of community and developed infrastructure.
  • Spacious Single-Story Living: Bungalows offer a convenient single-story layout, ideal for accessibility and ease of movement. This design often provides a good balance of living space and private outdoor areas.
  • Potential for Renovation: Older properties, while requiring updates, present an opportunity to customize and modernize according to your preferences. This can add significant value and personal touch.
  • Independent Utilities Access: Properties in this area generally have access to reliable water and electricity services. Independent utility connections offer greater control over consumption and billing.
  • Security Considerations: Security in residential areas is a key factor. Properties may benefit from existing security measures or offer potential for upgrades like perimeter fencing and alarm systems.

Description

• Spacious 3-bedroom ensuite bungalow situated on a substantial 100ft x 100ft (quarter-acre) plot. • Includes two servant quarters, offering flexible living or rental income potential. • Prime location in Riruta, a proven rental hotspot with high demand for 1 & 2-bedroom apartments. • Significant redevelopment potential for approximately 20+ apartment units. • Situated off Nyakinyuwa Road in a secure, developed neighborhood with tarmac access. • Walking distance to essential amenities including Naivas, Quickmart, schools, churches, and hospitals. • Conveniently located 10 minutes from Ngong Road, Southern Bypass, and the CBD. • Property benefits from water and electricity connections, with a ready clean title deed.

Compare

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ConditionOldFairly UsedNewly Built
Property TypeBungalowMaisonetteVilla
Bedrooms343
Bathrooms342
FurnishingUnfurnishedUnfurnishedFurnished
Self ContainedYes——
Listing byAgentAgent—
Property size200 sqm215 sqm1,000 sqm
Property Addressnyakinywa roadDrive 22Watamu on Turtle Bay Road Near Watamu Turtle Watch
PriceKSh 45,000,000KSh 40,000,000KSh 32,000,000