1 bedroom Rental units for sale in Bulenga Wakiso Uganda, code: 192501
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This property is an excellent investment opportunity! It offers 6 self-contained double rooms for sale in Bulenga, Wakiso District. They are located just a short walk away from the tarmac, and each unit is currently occupied, generating a monthly rental income of 1.5 million Shillings. The property is situated on 45 x 90 of land and each unit offers a bedroom and a bathroom.
The asking price of 120 million Shillings is slightly negotiable, making this an attractive investment for buyers looking to acquire rental income. It is an ideal location for those looking to invest in rental properties, as it is conveniently located near the tarmac and is surrounded by all the necessary amenities.
The units are self-contained, meaning they have all the necessary amenities for tenants to live comfortably in the units, such as a kitchen, bathroom, bedroom, and living room. It also provides a great opportunity to make additional income, as the units are already occupied and generating a steady rental income.
This is an excellent opportunity to own a profitable rental property. The units are well-maintained and offer a great return on investment, with the current rental income covering the asking price of 120 million Shillings. It is also a great opportunity to add value to the property, as it is located in an area that is likely to appreciate in value in the coming years.
This is an ideal property for those looking to invest in rental income properties in Bulenga. It offers a great opportunity to own a profitable rental property in an ideal location, with all the necessary amenities close at hand. If you're looking to invest in a rental property, this is an excellent option.
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61 RELATED PROPERTIES
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WHAT ARE THE MOST COMMON CHALLENGES IN THE HOME BUYING PROCESS IN UGANDA?
Home buying process in Uganda is often filled with numerous challenges for both first-time buyers and experienced ones. Below are some of the most common challenges faced during the process.
Lack of affordable housing: Housing prices in Uganda's major cities have been increasing in recent years, making it difficult for many people to purchase a home. This challenge is exacerbated by the limited availability of affordable housing options.
Inadequate financing options: Getting a mortgage loan in Uganda can be difficult due to limited financing options and stringent requirements. This makes it difficult for many people to secure the funding they need to purchase a home.
Poor infrastructure: In some areas of Uganda, basic infrastructure like roads, electricity, and water supplies are not adequately developed. This can make it difficult for potential buyers to find suitable homes in those areas.
Bureaucracy: The home buying process in Uganda is often bogged down by
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ARE YOU MOVING YOUR PROPERTY TO ANOTHER HOME? HERE ARE SOME TIPS FOR YOU.
Below are some tips that you need to consider if you are planning to move your residential property from one location to another. Eight weeks before.
Remove unnecessary items from your attic, basement or storage shed, etc. Use up all the things that you can't move, such as frozen foods and cleaning supplies.
Obtain information about your new community [Research].
Secure a floor plan of your new residence and decide what household items you want to keep. Start a possessions inventory.
Solicit estimates from at least three moving companies.
Call your homeowners insurance agent to find out to what degree your move is covered.
Create a file for documenting all moving papers and receipts.
Arrange to transfer your children's school or school records.
Six weeks before
Evaluate your possessions inventory. Can you donate anything? Do you need it all?
Notify your friends, relatives, professionals, creditors, subscriptions, etc about your moving.
Subscribe to a local paper in
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WHAT EXACTLY IS A SMART HOME AND WHAT ARE ITS COMPONENTS?
Smart homes are a relatively new concept in Uganda, but they are quickly gaining popularity due to their numerous benefits. A smart home is a modern and innovative way to control and automate various household appliances and systems. In the Ugandan context, building a smart home requires an understanding of the components that make up this sophisticated technology.
Smart Hubs.
A smart hub is the central control unit of a smart home. It is a device that connects and manages all the smart home devices and appliances. The hub is the brain of the smart home and controls all the other smart devices in the house, such as lighting, temperature, security, and entertainment systems. Smart hubs are available in different types, including voice-controlled, touch screen, or mobile app-controlled.
Smart Lighting.
Smart lighting is an essential component of a smart home in Uganda. It enables users to control their home lighting with their voice, mobile app, or automation. Smart lighting can be u
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IF YOUR TENANT IS YOUR FRIÈND, WHAT ARE THE ADVANTAGES AND DISADVANTAGES?
Having a friend as a tenant can come with both advantages and disadvantages. Here are some of them:
Advantages:
Trust: You already have an existing relationship with your friend, so you may trust them to take care of your property and pay rent on time.
Communication: It can be easier to communicate with a friend, as you may be more comfortable discussing issues related to the property and resolving any problems that arise.
Flexibility: Your friend may be more understanding if there are any issues with payment or the property, and may be more flexible with the terms of the lease.
Convenience: It may be more convenient to have a friend living in your property, as they are already someone you know and trust, which can save you time and effort when finding a new tenant.
Disadvantages:
Strained Relationship: If any issues arise with the property, it could put a strain on your friendship, which could be difficult to repair.
Financial Concerns: It's
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WOMEN'S DAY SPECIAL: CELEBRATING UGANDA'S LEADING WOMEN IN REAL ESTATE.
As we celebrate International Women's Day, it is important to recognize the significant contributions that women make to the real estate industry. In Uganda, there are many women who are breaking barriers and making a name for themselves in this male-dominated industry. These women are not only making waves but also serving as role models for other aspiring women in the sector.
Special thanks go to the following notable women for their tireless efforts in supporting the real estate sector. Persis Namuganza, Judith Nabakooba, Amina Hersi, Judy Rugasira, Shirley Kongai, Linda Nabakka, Irene Gwokyalya, Victoria Nanozi, Catherine Nanteza, Rachael Arinaitewe, Christabell Musiime, Fiona Lwanga, Ovia Atuhaire, Clare Ruhweza, Peace Kabunga, Lillian Kaddu, Anita Kusiima, Cissy Namaganda, Irene Nalwoga, Winnie Lynn Nakajubi, Nantongo Immaculate, and very many others who have contributed to the real estate industry in the past and also in the present as you will see in the word cloud pic
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WHAT EXACTLY HAPPENS NEXT AS SOON AS A TENANT FAILS TO PAY RENT IN UGANDA?
Being a landlord comes with its fair share of responsibilities, one of which is ensuring that tenants fulfill their financial obligations, particularly paying rent on time. In Uganda, landlords have legal recourse under the Landlord and Tenant Act when tenants fail to meet their rent obligations.
Understanding the steps involved in this process is crucial for landlords and tenants seeking a resolution to unpaid rent. In this situation, we will outline the necessary actions that a landlord can take when faced with a tenant who fails to pay rent, providing a short guide to navigating the legal system and recovering what is owed.
Serve a notice to pay rent. The landlord must serve the tenant with a notice to pay rent. The notice should be in writing and state the amount of rent owed and the due date for payment. The notice period will depend on the nature of the tenancy agreement, but it should be at least seven days if the tenant is on a periodic tenancy.
File a suit in court. I
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 192501
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INSTALLMENT PAYMENT INQUIRY FORM
Please fill out the inquiry form below with all required details. You will receive a response from Goldmine Finance within 48 hours, advising you on installment payment options for your preferred property based on the information provided.
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