who controls the area ... ;)

The number of bedrooms mixture is a nightmare,you never want to mix sitters,one,two,three bedrooms flats ...

For 40m,you can do better!

Looks like I am behind. Bedsitters in Donholm are going for 10k?. I thot South B Bedsitters go for 8k.


Be greedy when others are fearful,be fearful when others are greedy.

while Pablo may not be upto date there is a point about the projected rentals. Is it achievable in this area?

1 br @ 14,000 ??? i dont think so.

@ Starr,



My angle of reason is based on the demand for 3br ensuite in the area? It would make more sense to have more 2B/r and 1 b/r than 3 the 3b/r ones as the renatl incomes would even be higher. I have verified this from the property in South B with mainly 2b/r,1b/r and bedsitters whose actual total rental income is Kshs 461K.

@starr / @evolve,






Normal 0


First,07/08 election violence and it's effect on housing cannot be ignored,if you've got your ears to the ground,you'll see / hear major adjustments in the housing market as a result of that violence,others are still trying to recover... my second point was,the flats are a combination of 3bd ensuit,3bd,2bd,1bd & sitters ... which combines singles,married and families living,my experience is that all three have differing lifestyles/needs that are not necessarily compatible ... ask yourself,would a family man with wife and kids want to be living next to a bachelor whose lifestyle is radically different... During our research Dec/March we found many flats of such a mixture with very low occupancy rate because families kept on moving out. Some familymen had issues going to work and leaving wife next to a bachelor bent on warming up to wife ;( ... due to differing needs /lifestyles of family / bachelor ... its not a good idea to have a mixed housing like in the case of these flats ... I hope that helps ;)

@evolve,can you edit out that blank space in your first posting ... ;)