3 bedroom flat to let in Ikorodu,Near Ebute(2025) - CAFEM Property Nigeria - Printable Version +- Best seo forum for guest posting and link building - CPN SEO Forum (https://forum.cpnseomarketing.com.ng) +-- Forum: Best seo forum for guest posting and link building - CPN SEO Forum by Omoseye Alebiosu (https://forum.cpnseomarketing.com.ng/Forum-Best-seo-forum-for-guest-posting-and-link-building-CPN-SEO-Forum-by-Omoseye-Alebiosu) +--- Forum: Properties (https://forum.cpnseomarketing.com.ng/Forum-Properties) +--- Thread: 3 bedroom flat to let in Ikorodu,Near Ebute(2025) - CAFEM Property Nigeria (/Thread-3-bedroom-flat-to-let-in-Ikorodu-Near-Ebute-2025-CAFEM-Property-Nigeria)

3 bedroom flat to let in Ikorodu,Near Ebute(2025) - CAFEM Property Nigeria - Omoseye Alebiosu - 04-28-2025 3 bedroom flat to let in Ikorodu,Near Ebute(2025):  3 bedroom flat to let in Ebute, Ikorodu for N1.8m/annum.(N2.4m total package). Newly built with POP ceiling. Water supply available. Located in a quiet, neat, peaceful, gated estate with trained estate security guards. To view more pictures, click this link: https://www.linkedin.com/posts/the-best-seo-expert-in-ikorodu-lagos-state_3-bedroom-flat-to-let-in-ebute-ikorodu-for-activity-7322318149721202689-vubs?utm_source=share&utm_medium=member_desktop&rcm=ACoAADFSb1QBC6Up3oin1E1PQf9TunyKwUU5YE0 A Complete Guide for Tenants, Homebuyers, and Investors Ikorodu, a major suburb in Lagos State, Nigeria, has steadily transformed from a sleepy town into one of the fastest-growing residential and commercial hubs in Lagos. Among the most popular types of residential properties in the area are 3-bedroom flats — ideal for medium to large families, young professionals, retirees, and real estate investors. In this comprehensive article, we’ll dive deep into everything you need to know about 3-bedroom flats in Ikorodu, covering costs, features, locations, investment opportunities, pros and cons, and expert tips for buyers and tenants. Why 3-Bedroom Flats Are Highly Sought-After in Ikorodu The 3-bedroom flat is one of the most versatile housing types, offering enough space for families while remaining affordable compared to duplexes or detached houses. Key reasons for their popularity: Spaciousness: Accommodates larger families comfortably. Affordability: Offers better value compared to similar-size properties on the Lagos Island. Growing Demand: As Ikorodu grows, the demand for 3-bedroom flats by middle-income earners and returnees from Lagos mainland/island increases. Ideal for Work-From-Home: Enough rooms to allocate space for home offices or guest rooms. Structure and Features of Typical 3-Bedroom Flats in Ikorodu Most 3-bedroom flats in Ikorodu are found within blocks of flats, bungalows, or small estates. Common features include: Three Bedrooms (often all ensuite, or with a shared toilet) A Spacious Living Room (Parlour) Dining Area (sometimes combined with the living room) Kitchen with Store/Pantry Visitor’s Toilet Balcony or Veranda Parking Space Modern buildings also include: POP ceilings Tiled floors Fitted wardrobes and cabinets Water heaters Borehole water supply Prepaid electricity meters Security features (CCTV, gates, guards) Cost of Renting 3-Bedroom Flats in Ikorodu (2025) Rental prices for 3-bedroom flats vary depending on the location, quality of the building, proximity to main roads, and available amenities. Area in Ikorodu Price Range (Annual Rent)Ebute ₦500,000 – ₦900,000 Agric/Owutu ₦600,000 – ₦1,200,000 Igbogbo/Baiyeku ₦400,000 – ₦750,000 Ogolonto/Majidun ₦600,000 – ₦1,000,000 Ijede ₦400,000 – ₦650,000 Ita-Oluwo ₦450,000 – ₦800,000 Gberigbe ₦350,000 – ₦650,000 Additional fees to expect: Agency Fee: 5%–10% of rent Legal Fee: 5%–10% of rent Caution Deposit: ₦20,000 – ₦50,000 Service Charges (where applicable): ₦5,000 – ₦20,000 per month Buying 3-Bedroom Flats in Ikorodu Buying a 3-bedroom flat in Ikorodu can be a smart investment, either for personal use or for rental income. Typical Sale Prices (2025): Type of Property Price RangeStandard 3-Bedroom Flat (Stand-alone building) ₦15M – ₦30M 3-Bedroom Flat in Mini Estates ₦18M – ₦35M Newly Built Luxury 3-Bedroom Flats ₦25M – ₦50M Uncompleted 3-Bedroom Projects (For Finishing) ₦8M – ₦15M Best Locations to Find 3-Bedroom Flats in Ikorodu Ebute Ikorodu: Close to ferry terminals and major markets. Agric/Owutu Axis: Rapidly developing, access to Mile 12 through Ikorodu Road. Ogijo/Ita Oluwo: Affordable but slightly farther from the main city. Igbogbo: Peaceful residential environment, good for families. Majidun/Ogolonto: Close to BRT terminals and Ikorodu Garage. Ijede: Upcoming axis with cheaper land and new estates. 3 bedroom flat to let in Ikorodu,Near Ebute(2025) Investment Potential of 3-Bedroom Flats in Ikorodu Ikorodu presents a high-growth real estate opportunity in Lagos State. Reasons why investors are rushing in: Appreciation in Land Value: Properties have appreciated over 50% in the past 5 years. Demand for Family Apartments: Many tenants prefer moving away from the congested mainland. Ongoing Infrastructure Projects: Fourth Mainland Bridge, Ferry Services, Road Expansion Projects. Rental Yield: Investors typically enjoy rental yields of 7%–12% annually. Example: Buying a 3-bedroom flat for ₦18M and renting it for ₦1M/year yields a 5.5% net yield, excluding appreciation and possible rent increases. Advantages of Living in a 3-Bedroom Flat in Ikorodu ✅ More Living Space: Comfortable living for medium to large families. ✅ Affordability: Cheaper than similar apartments in Ikeja, Yaba, or Lekki. ✅ Growing Urbanization: Better roads, schools, hospitals, and shopping centres are emerging. ✅ Calmer Lifestyle: Less hustle and bustle compared to inner Lagos. ✅ Close to Water Transportation: Ferry terminals at Majidun and Ebute open commuting options to Lagos Island. Challenges to Watch Out For ⚠️ Traffic Congestion: Particularly along Ikorodu Road during peak hours. ⚠️ Power Supply: Varies from area to area; some locations require frequent use of generators or inverters. ⚠️ Flooding: Certain low-lying areas may experience flooding during heavy rains; always inspect during the rainy season. ⚠️ Building Quality: Some older buildings may require renovation; ensure proper inspection before buying or renting. Tips for Renting or Buying a 3-Bedroom Flat in Ikorodu Inspect the Property: Always visit in person before making any payments. Check for Title Documents: If buying, verify C of O, Governor’s Consent, or Deed of Assignment. Investigate Flood History: Especially important during the rainy season. Ask About Service Charges: Understand what's included — security, cleaning, water, etc. Negotiate: Both rent and outright purchase prices are often negotiable. Use a Reputable Agent: Avoid scams by working with trusted real estate agents or developers. 3 bedroom flat to let in Ikorodu,Near Ebute(2025) Conclusion Ikorodu’s 3-bedroom flat market offers incredible value, especially for those looking for affordable, spacious living spaces within Lagos State. Whether you're a tenant looking for a serene place to live, a family wanting to settle down, or an investor looking for steady rental income, Ikorodu presents golden opportunities. As infrastructure continues to improve and urban migration grows, the property values and rental demand in Ikorodu will only get stronger. If you are considering making a move or investment — now is the perfect time to act. FAQs About 3-Bedroom Flats in Ikorodu 1. What is included in a typical 3-bedroom flat in Ikorodu? A typical 3-bedroom flat usually has three bedrooms (sometimes ensuite), a spacious living room, dining area, kitchen (with store), visitor’s toilet, and sometimes a balcony or veranda. Parking spaces are also commonly provided. 2. How much is the average rent for a 3-bedroom flat in Ikorodu? As of 2025, the annual rent for a 3-bedroom flat in Ikorodu ranges from ₦400,000 to ₦1,200,000, depending on the exact area, quality of the building, and amenities available. 3. What additional payments should I expect apart from rent? Apart from rent, tenants usually pay: Agency Fee (5%–10% of the rent) Legal Fee (5%–10% of the rent) Caution Deposit (refundable, usually ₦20,000–₦50,000) Service Charge (if applicable) 4. Is Ikorodu a good place to raise a family? Yes. Ikorodu offers a quieter environment compared to central Lagos. There are good schools, places of worship, healthcare centers, and a growing number of recreational facilities, making it family-friendly. 5. Are there new or modern 3-bedroom flats in Ikorodu? Yes, many newly built flats in mini-estates and gated communities are available, especially in areas like Agric, Ebute, Ogolonto, and Igbogbo. These come with modern designs, POP ceilings, borehole water, security systems, and fitted kitchens. 6. Is it better to buy or rent a 3-bedroom flat in Ikorodu? It depends on your needs. Renting offers flexibility, while buying is a long-term investment with potential for property appreciation and rental income in the future. 7. What is the cost of buying a 3-bedroom flat in Ikorodu? Buying a completed 3-bedroom flat typically costs between ₦15 million and ₦35 million, depending on the location, finishing, and whether it's within a gated estate. 3 bedroom flat to let in Ikorodu,Near Ebute(2025) 8. Which areas in Ikorodu are best for 3-bedroom flats? Popular areas include: Ebute Agric/Owutu Igbogbo Ogolonto/Majidun Ita Oluwo Ijede These areas have a good mix of affordability, infrastructure, and access to transport routes. 9. How is the power supply in Ikorodu? Power supply varies by area. Some areas enjoy relatively stable electricity, while others may experience outages. Many flats come with prepaid meters, and some estates offer backup generators or inverter systems. 10. Is flooding a concern when renting or buying in Ikorodu? Some low-lying areas near rivers can experience flooding during heavy rains. It’s important to inspect properties during the rainy season and ask neighbors about the flood history before committing. 11. Can I find serviced 3-bedroom flats in Ikorodu? Yes, but they are fewer compared to Lagos Island. Serviced flats (with estate management services like water supply, waste management, and security) are mostly found in newly developed estates. 12. Are there gated estates with 3-bedroom flats in Ikorodu? Yes, there are several gated estates in Ikorodu offering 3-bedroom flats with enhanced security, paved roads, and centralized services. Examples include those near Agric, Ijede Road, and Ogolonto. 13. What should I check before renting a 3-bedroom flat? Quality of the building (check for cracks, plumbing, wiring) Water supply and pressure Power supply and prepaid meter Proximity to schools, markets, transport Security of the area Hidden charges (service fees, waste disposal) 14. Can 3-bedroom flats be a good investment in Ikorodu? Absolutely. Demand for family-sized flats is strong, and rental yields are attractive. Also, property values in Ikorodu are expected to rise further with ongoing infrastructure projects like the Fourth Mainland Bridge. 15. Is transportation convenient from Ikorodu to Lagos Island or Mainland? Yes. Ikorodu is served by BRT buses, ferries (from Majidun and Ebute terminals), and private transport services. However, traffic during peak hours can be heavy along Ikorodu Road. 3 bedroom flat to let in Ikorodu,Near Ebute(2025)