Apartment For Sale in Kilimani - Luxury 2-Bedroom Apartment in Nairobi

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Property Type
Apartment

2
Bedrooms

2
Bathrooms

Area Size

For Sale

Apartment For Sale in Kilimani – Luxury 2-Bedroom Apartment in Nairobi

Kshs.7,000,000

Description

Apartment for Sale in Kilimani, Nairobi – KSh 7 Million

Are you looking for an affordable investment property in one of Nairobi’s popular residential neighbourhoods? Discover this 2-bedroom apartment for sale in Kilimani, Nairobi, available at a distress sale asking price of just KSh 7 million, against a stated market value of KSh 9 million.

This property presents an opportunity for buyers looking to enter the Nairobi real estate market with a residential apartment that is already tenanted. With a reported rental income of KSh 75,000 per month, the apartment may appeal to investors seeking an income-generating property without having to begin the tenant search from scratch.

The apartment features two bedrooms, a master ensuite, a spacious balcony, a fitted kitchen, and a dedicated laundry area. Residents also have access to building amenities that include lifts, a fully equipped gym, an indoor children’s play area, a backup generator, and convenience shops.

Located in Kilimani, Nairobi, the property combines residential accommodation with facilities designed to support everyday convenience. Its existing tenancy adds another consideration for prospective investors evaluating rental properties in the area.

Whether you are a first-time property investor, an established real estate buyer, or someone looking to acquire a residential unit with an existing tenant, this distress sale apartment in Kilimani deserves your attention.

With an asking price of KSh 7 million, prospective buyers can explore the opportunity and conduct the necessary property and financial due diligence before making a purchase decision.

Property Overview

Property Type: 2-bedroom apartment
Location: Kilimani, Nairobi, Kenya
Sale Type: Distress sale
Asking Price: KSh 7,000,000
Stated Market Value: KSh 9,000,000
Bedrooms: 2
Master Bedroom: Ensuite
Balcony: Spacious balcony
Kitchen: Fitted kitchen
Laundry: Dedicated laundry area
Building Facilities: Lifts, fully equipped gym, indoor kids’ play area, backup generator, and convenience shops
Occupancy Status: Currently tenanted
Reported Monthly Rental Income: KSh 75,000
Enquiries: Call or WhatsApp 0729678773 / 0737943057

1. Distress Sale Apartment in Kilimani at KSh 7 Million

One of the key highlights of this property is its advertised distress sale price of KSh 7 million, compared with a stated market value of KSh 9 million.

This represents a difference of KSh 2 million between the asking price and the stated market value. Based on these figures, the asking price is approximately 22.2% below the stated market value.

For prospective buyers searching for an affordable 2-bedroom apartment for sale in Kilimani, this price difference may justify taking a closer look at the property.

However, the stated market value should be independently verified through a professional valuation and comparison with similar properties in the area. Buyers should also establish whether the distress sale involves any outstanding charges, financing obligations, legal restrictions, or other conditions that could affect the transaction.

A careful review of the property’s documentation and physical condition is essential before committing to the purchase.

For buyers who have been exploring the Kilimani property market, this listing offers an opportunity to assess a two-bedroom unit with an existing tenancy and a range of residential amenities.

2. Two-Bedroom Apartment Designed for Comfortable Living

The apartment features two bedrooms, making it suitable for a range of residential needs.

Two-bedroom apartments appeal to different types of occupants, including small families, couples, professionals, and individuals who require an additional room for guests or home-based work.

The second bedroom can offer flexibility depending on the occupant’s needs. It may serve as a children’s bedroom, guest room, study, or multipurpose space.

For investors, two-bedroom units can appeal to tenants looking for more space than a typical one-bedroom apartment while maintaining a manageable residential footprint.

The apartment’s existing tenancy may be particularly relevant to buyers who are evaluating it primarily as an investment rather than for immediate owner occupation.

Prospective buyers should inspect the room sizes, natural lighting, ventilation, finishes, and general layout during a viewing to determine how the apartment compares with other two-bedroom properties in Kilimani.

If you are searching online for a 2-bedroom apartment for sale in Kilimani, Nairobi, this property offers a combination of residential accommodation and shared building facilities worth investigating.

3. Master Ensuite for Added Privacy

The apartment includes a master ensuite bedroom, providing a private bathroom attached to the main bedroom.

An ensuite bathroom is a practical feature that can improve everyday convenience and provide additional privacy for the primary occupant.

For couples, small families, and professional tenants, this arrangement may be an important consideration when comparing apartments.

The ensuite bedroom can also contribute to the apartment’s appeal to prospective tenants who prefer a layout that separates the main bedroom from shared bathroom facilities.

For buyers assessing the property’s rental potential, bedroom configuration and bathroom arrangements are among the features worth evaluating alongside the location, condition, and prevailing rental demand.

4. Spacious Balcony with Additional Outdoor Space

The property features a spacious balcony that provides an additional area beyond the apartment’s interior rooms.

A balcony can create space for fresh air, quiet relaxation, and enjoying the surrounding views, depending on the apartment’s orientation and floor level.

Residents may also use the balcony for potted plants or a small outdoor seating arrangement, subject to building regulations and the available space.

For apartment buyers who value an outdoor area but do not want the maintenance responsibilities associated with a private garden, a balcony can be a useful feature.

The balcony adds another point of consideration for prospective tenants and buyers comparing apartments for sale in Kilimani.

During a viewing, buyers can assess its dimensions, outlook, privacy, and general condition.

5. Fitted Kitchen for Everyday Convenience

The apartment comes with a fitted kitchen, providing an established kitchen setup for everyday meal preparation.

A fitted kitchen can be convenient for residents because it offers installed kitchen features rather than requiring every element to be introduced from scratch.

The exact fittings, storage capacity, work surfaces, and appliance provisions should be confirmed during the inspection.

For prospective tenants, a functional kitchen is an important part of daily living. For investors, the condition and presentation of the kitchen can also influence the apartment’s appeal to future occupants.

The fitted kitchen complements the apartment’s two-bedroom layout, making it worth considering for buyers seeking a residential property with practical interior features.

6. Dedicated Laundry Area

Another useful feature is the dedicated laundry area.

A separate laundry space can help keep washing activities organised and reduce the need to use the kitchen or bathroom for laundry-related tasks.

For households with regular washing needs, having a designated area can make the apartment easier to organise and maintain.

This feature may be particularly relevant for tenants who value practical use of indoor space.

Prospective buyers should inspect the laundry area’s layout, plumbing, ventilation, and available connections to understand how it can be used.

7. Lifts for Easier Access

The apartment building features lifts, supporting movement between floors.

Lifts can be particularly convenient for residents carrying shopping, moving household items, or returning home after a long day.

They may also be useful for households with young children and visitors who find stair access less convenient.

For a tenanted apartment, building access and the reliability of shared facilities can contribute to the overall residential experience.

Buyers should confirm the number and condition of the lifts, the maintenance arrangements, and any service interruptions that may affect residents.

8. Fully Equipped Gym

The development includes a fully equipped gym, offering residents an on-site option for exercise and fitness activities.

Having a gym within the building can reduce the need to travel to an external fitness facility, depending on individual preferences and the available equipment.

For busy professionals and other residents who prefer convenient access to exercise facilities, this can be an attractive building amenity.

An on-site gym may also add to the appeal of the property when prospective tenants compare residential developments in Kilimani.

Buyers should confirm the gym’s equipment, opening hours, access arrangements, maintenance standards, and whether its use is included in the building’s service charges.

9. Indoor Children’s Play Area

The building also features an indoor children’s play area.

This facility may be useful for households with young children, providing a designated indoor space for play within the development.

For parents, having a children’s play area within the building can offer an additional recreational option without requiring every activity to take place outside the property.

Its usefulness will depend on the space available, the facilities provided, the supervision arrangements, and the building’s rules for residents.

For investors, family-friendly amenities may be worth considering when assessing the types of tenants who could find the development suitable.

10. Backup Generator for Power Continuity

The apartment building has a backup generator, providing an alternative source of power during electricity interruptions.

Power backup can be a practical advantage for residents who rely on lighting, lifts, selected appliances, and other electrical services.

The actual level of support will depend on the generator’s capacity and which building systems or apartment circuits are connected to it.

Prospective buyers should establish which facilities receive backup power, how the generator is maintained, and whether fuel or generator-related costs are included in the building’s service charges.

For buyers comparing investment apartments in Kilimani, power backup is one of several building features worth examining alongside maintenance arrangements and monthly running costs.

11. Convenience Shops Within the Development

The property listing also highlights convenience shops within the development.

On-site convenience shops can make it easier for residents to access selected everyday essentials without travelling far from home.

Depending on the shops available, residents may be able to purchase basic household supplies and other frequently needed items nearby.

This arrangement can support day-to-day convenience for both owner-occupiers and tenants.

Prospective buyers should confirm which shops are operating, their opening hours, and the range of products and services available.

Together with the gym, lifts, indoor children’s play area, and backup generator, the convenience shops contribute to the list of shared facilities offered by the development.

12. Kilimani: A Popular Residential Area in Nairobi

Kilimani is a recognised residential area in Nairobi and is often considered by people searching for apartments close to the city’s commercial, professional, and lifestyle facilities.

The area offers a mix of residential developments and amenities, making it a location worth considering for people who want apartment living within Nairobi.

For tenants, the appeal of a property often depends on commuting requirements, access to shopping facilities, nearby services, and the quality of the residential development.

For investors, the location should be evaluated alongside achievable rental income, vacancy risk, ongoing expenses, and the purchase price.

This apartment’s two-bedroom layout, existing tenancy, and shared amenities provide several factors for prospective buyers to assess.

Before purchasing, visit the property and evaluate its exact location, road access, neighbourhood environment, and proximity to the facilities most important to you.

13. Existing Tenant and Reported Rental Income of KSh 75,000 per Month

One of the most significant features for investors is that the apartment is currently tenanted, with a reported rental income of KSh 75,000 per month.

An existing tenant may provide a buyer with rental income from the beginning of ownership, subject to verification of the tenancy agreement, rent payment history, and the legal terms governing the tenancy.

For buyers searching for a tenanted apartment for sale in Kilimani, this may be an important consideration because the property is already occupied.

However, it is essential to confirm the current rent, the tenant’s payment record, the tenancy duration, the deposit held, and any notice or termination provisions before completing the purchase.

Buyers should also verify whether the stated rental amount is the actual rent collected and whether there are any arrears or disputes.

Estimated Rental Income and Gross Yield

Based on the advertised purchase price and rental income, the figures are as follows:

Investment metric	Amount
Asking price	KSh 7,000,000
Stated market value	KSh 9,000,000
Monthly rental income	KSh 75,000
Annual rental income	KSh 900,000
Difference from stated market value	KSh 2,000,000
Indicative gross rental yield	12.86%

The gross rental yield is calculated by dividing the annual rental income by the asking price and multiplying by 100.

Calculation: KSh 900,000 ÷ KSh 7,000,000 × 100 = approximately 12.86%.

This is an indicative figure based on the supplied asking price and rental income, not a guaranteed investment return.

The actual net yield will be lower after accounting for expenses such as service charges, property management, repairs, insurance, applicable taxes, vacancy periods, and transaction costs.

Buyers should verify all income and expense figures before making an investment decision.

14. Why Consider This Kilimani Apartment as an Investment?

This property may interest buyers who want to combine residential property ownership with rental income.

Several features are worth considering:

Existing tenancy: The apartment is currently occupied, subject to verification of the tenancy details.
Two-bedroom configuration: The layout may appeal to tenants seeking more space than a one-bedroom unit.
Shared amenities: The gym, lifts, children’s play area, backup generator, and convenience shops are relevant when comparing similar developments.
Advertised distress sale price: The asking price is KSh 7 million, compared with a stated market value of KSh 9 million.
Rental income: The reported rent of KSh 75,000 per month provides a starting point for evaluating potential returns.

However, no investment outcome is guaranteed. The purchase should be assessed against the apartment’s condition, title documentation, building management, service charges, current rental agreement, and comparable property values.

A professional valuation and independent legal review can help establish whether the asking price and transaction terms are appropriate.

15. Who Should Consider This Property?

This apartment may be suitable for:

Property investors: Buyers looking for an apartment with an existing tenant and reported rental income.
First-time real estate buyers: Individuals exploring residential property ownership in Nairobi.
Long-term investors: Buyers seeking to evaluate a residential asset for potential rental income.
Buyers seeking a distress sale: Those interested in investigating a property advertised below its stated market value.
Future owner-occupiers: Buyers who may consider occupying the apartment later, subject to the existing tenancy agreement and applicable legal requirements.

The best fit will depend on your investment objectives, budget, preferred location, and the property’s verified financial and legal position.

16. Arrange a Viewing and Make Your Enquiry

If you are looking for a 2-bedroom apartment for sale in Kilimani, Nairobi, this distress sale listing is worth investigating.

Priced at KSh 7 million against a stated market value of KSh 9 million, the apartment features a master ensuite, spacious balcony, fitted kitchen, laundry area, lifts, gym, indoor children’s play area, backup generator, and convenience shops.

The reported rental income of KSh 75,000 per month may make it particularly relevant to buyers exploring income-generating residential property.

Before making an offer, confirm the property’s availability, tenancy status, title documents, service charges, rental records, and building management arrangements.