Silver

1 Bed Apartment with En Suite in Riruta

KSh 4,900,000

Riruta, Riara Road

Bedrooms:
1
Bathrooms:
1
Size:
45 m²
Report

Apartment Description

1-Bedroom Apartment for Sale in Riruta — 484 sqft, From KES 4.9M | Phase 2 — Phase 1 Sold Out | Just Off Waiyaki Way | Balcony + Laundry | Pool, Clubhouse, Gym, Botanical Garden | Projected Rent KES 35,000/mo KES 4.9 Million for a 1-Bedroom With a Balcony, a Laundry Area, and a 7.5-Acre Community That Already Sold Out Once Phase 1 sold out. Every studio, every 1-bedroom, every 2-bedroom, every 3-bedroom — purchased, committed, gone. The market validated the development before a single Phase 2 unit was released. Now Phase 2 is selling, and the 1-bedroom arrives with something Phase 1 buyers did not get: a private balcony and a dedicated laundry area. At KES 4.9 million with projected monthly rent of KES 35,000, the gross yield is 8.6% — backed by the structural rental demand that the Riruta/Waiyaki Way corridor consistently delivers. The developer projects 30% capital appreciation over the construction period and total returns exceeding 25% over five years. Phase 1 pricing to Phase 2 pricing already demonstrates the appreciation trajectory. 484 sqft: The 1-Bedroom That Phase 2 Upgraded At 484 sqft (45 sqm), this is a 1-bedroom designed to function as a complete home — not a studio with a partition pretending to be something it is not. The bedroom is a separate, enclosed room with a door. The living area is distinct from the sleeping area. The kitchen has its own space. The bathroom is private. The balcony is the Phase 2 upgrade that changes the daily experience. Morning coffee outdoors. An evening with fresh air and a view of the 7.5-acre green park. The tenant who compares this listing to a Phase 1-era 1-bedroom without a balcony immediately understands the difference — and pays for it. The dedicated laundry area solves the problem that most Nairobi apartments ignore — where the washing machine goes, where clothes dry, and how that process stays out of the living space. In a 1-bedroom, every square metre of the main area matters. Moving laundry to its own dedicated space means the living room stays a living room and the balcony stays a balcony. The Yield Arithmetic Purchase price: KES 4.9M Projected monthly rent: KES 35,000 Projected annual rent: KES 420,000 Gross yield: 8.6% Projected capital appreciation: 30% over construction period ConfigurationPriceProjected RentGross YieldPremium StudioKES 2.7MKES 20,0008.9%1-BedroomKES 4.9MKES 35,0008.6%2-BedroomKES 7.8MKES 41,0006.3%3-BedroomKES 9.7MKES 60,0007.4% For the investor comparing options: a KES 4.9M 1-bedroom generating KES 35,000/month in a professionally managed, amenity-rich community outperforms most KES 7–8M 1-bedrooms in Kilimani or Westlands on a percentage-yield basis. Lower capital outlay. Higher percentage return. A development where Phase 1 already proved the demand. Built by Mi Vida Homes Mi Vida Homes is one of Kenya's established institutional developers — the builder behind large-scale residential communities delivered on time and to specification. This is not a single-project developer. It is an institution with a track record. Mi Vida's property management arm manages both the estate and individual units. For the 1-bedroom investor, this means professional tenant placement, rent collection, and maintenance — the full landlord service without the landlord's headaches. The investor owns the asset. Mi Vida runs the building. The Mugumo Plaza and the 7.5-Acre Community The development spans 7.5 acres — approximately 1,400 residential units built around a central green park and The Mugumo Plaza, centred on a 400-year-old Mugumo (fig) tree. The plaza is designed as the community's outdoor heart: daycare, bonfires, movie screenings, weekend gatherings. For the 1-bedroom tenant, it is the social and recreational extension of a 45 sqm apartment — the reason they choose this development over a bare building on a tight plot. Swimming Pool. The amenity that elevates a development from housing to lifestyle. Clubhouse and Gym. Social and fitness infrastructure within the compound. Commercial Strip. On-site retail and services for daily convenience. Botanical Garden. Curated green space that extends the park concept. Children's Play Area, Outdoor Gym, Sky Gardens, Chill Zone, Open Plaza, Picnic Areas. Multiple outdoor spaces for different moods and uses. BBQ Areas and Fireplaces. The social glue that turns neighbours into community. 24-hour security and backup generator. The operational baseline that protects the investment. The Payment Plan 20% deposit upon signing the offer letter — KES 980,000 secures the unit. 10% upon signing the sale agreement — KES 490,000. Balance (70%) spread across the 24-month construction period in structured instalments — KES 3,430,000 phased over two years. No bank loan required. No compounding interest during construction. A structured path to ownership where equity builds with every payment and the asset is ready to earn rent upon completion. Location: Just Off Waiyaki Way, Riruta The development sits just off Waiyaki Way with access via Ndwaru Road — direct connectivity to Westlands, Upper Hill, the CBD, and the broader Nairobi employment corridor that generates the tenant demand this development captures. Nearby landmarks include Harvard Academy, Naivas Supermarket, Junction Mall, Quickmart Waithaka, Kivuli Dispensary, Melchizedek Hospital, and Precious Blood. The 1-bedroom tenant works in the city and lives in the green. The commute is manageable. The 7.5-acre park, the pool, and KES 35,000 rent — versus KES 55,000+ for a comparable 1-bedroom in Kilimani — is the reward. Who This Apartment Is For The yield investor — KES 4.9M for a 1-bedroom generating KES 35,000/month at 8.6% gross yield, in a Phase 2 release where Phase 1 already sold out. Proven demand. Professional management. The return-on-capital equation that inner-suburb alternatives cannot match. The first-time investor stepping up from the studio — the 1-bedroom is the first "real" apartment in most portfolios. At KES 4.9M with a phased payment plan, it is accessible without a bank. The salaried professional buying instead of renting — the monthly instalments over the construction period are comparable to Nairobi rent. The difference is that these payments build an asset with a balcony, a laundry area, and a 7.5-acre community behind the gate. The diaspora buyer building a rental portfolio — KES 4.9M per unit, KES 980,000 deposit, projected KES 35,000/month income, and Mi Vida's property management handling everything on the ground. The numbers work from any country, in any currency. Other Apartments in This Development Premium Studio — 269 sqft, from KES 2.7M → 2-Bedroom — 807 sqft, from KES 7.8M → 3-Bedroom — 1,023 sqft, from KES 9.7M → 📞 Call or WhatsApp:
+254 **** View Number
📧 Email:
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🏢 Block Real Estate — 14th Floor, GTC, The Spaces, Westlands, Nairobi 🌐
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Apartment Features

Created At: 11 May 2026
Bedrooms: 1
Bathrooms: 1
Size: 45 m²

Utilities

Internal features
Aircon Alarm Backup Generator En Suite Fibre Internet
External features
Balcony BBQ CCTV Electric Fence Borehole Garden Wheelchair Access Swimming Pool Parking Lift/Elevator Gym Gated Community Kids Play Area Pet Friendly
Nearby
Bus Stop Golf Course Hospital Scenic View School Shopping Centre

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