Earls Court Estate Lekki (Complete Breakdown + Price List)

Earls Court Estate, Lekki: Full Details With Complete Breakdown + Price List

Overview

Earls Court Estate, developed by Novarick Homes and Properties Limited, is a luxurious residential estate located in Ikate Elegushi, Lekki, Lagos, Nigeria. Positioned on Oba Elegushi Beach Road, near the former third roundabout along the Lekki-Epe Expressway, this 47,000-square-meter estate comprises 109 units of 3-bedroom terraces and 4-bedroom semi-detached duplexes. Designed to mirror Lagos’ vibrant hospitality with a smart, green, and technologically driven city concept, Earls Court offers a serene, secure, and family-friendly environment. It is ideal for high-income families, professionals, and investors seeking prime real estate in Lekki’s upscale market.

Location and Accessibility

  • Location: Earls Court Estate is situated in Ikate Elegushi, Lekki, opposite Nike Art Gallery on Oba Elegushi Beach Road, close to the Lekki-Epe Expressway. Nearby landmarks include Lotus Bloom School, Centro Lekki Mall, and Whitesands School.
  • Accessibility:
    • Approximately 20–25 minutes to Victoria Island during off-peak hours and 40 minutes to 1 hour during rush hour (5:30 AM–8:00 AM).
    • The Lekki-Epe Expressway is the primary access route, well-tarred and reliable, though morning traffic can extend commute times.
    • The estate is accessible via a single route from the expressway, ensuring controlled entry.
  • Strategic Advantage: Proximity to business hubs (Victoria Island, Ikoyi), the Lekki Free Trade Zone, proposed Lekki Airport, Lekki Deep Sea Port, and the Fourth Mainland Bridge enhances its investment appeal.

Infrastructure and Amenities

  • Gated Community: Fully fenced with a central main gate, manned by uniformed security (armed and unarmed), CCTV surveillance, and strict visitor clearance protocols requiring host confirmation.
  • Road Network: Well-paved, interlocked roads with street lights and walkways, supported by a central drainage system to prevent flooding.
  • Utilities:
    • Electricity: 24-hour power supply via EKDC and estate transformers, with metered utilities (₦170/kilowatt). Residents may use generators/inverters for backup.
    • Water Supply: Centralized water treatment plant providing clean, treated water.
    • Internet: Pre-installed broadband with embedded intra-community telecommunication systems.
    • Waste Management: Handled by the estate’s management association, ensuring a clean environment with regular fumigation.
  • Community Facilities:
    • Community center with separate swimming pools for kids and adults, a clubhouse, and a proposed 6-a-side astro-turf football field.
    • Gymnasium space (un-equipped as of 2020) and squash courts.
    • Ample green areas, children’s play areas, and shopping center within the estate.
  • Service Charges:
    • Annual service charge: ₦1,200,000 for duplexes and terraces.
    • Caution fee: ₦500,000 (refundable).
    • Agency and legal fees: 10% each of annual rent.
  • Nearby Amenities: SPAR, Prince Ebeano Supermarket, The Palms, Kohinoor Lounge, Xovar Lounge, Elegushi Beach, Bydow Pharmacy, Vedic Lifecare Hospital, and Germaine Hospital.

Property Types and Features

  • Property Types: 109 units comprising 3-bedroom terrace duplexes and 4-bedroom semi-detached duplexes, each with a one-room boys’ quarters (BQ).
  • Features:
    • 3-Bedroom Terrace Duplex with BQ:
      • All en-suite bedrooms with balconies, two living rooms (main and family), and a fitted kitchen with hob, electronic oven, and hood extractor.
      • Power showers, jacuzzi in the master bedroom, and fitted split ACs in all rooms.
      • Metered utilities, bespoke fitted wardrobes, and lacquered wardrobe doors in master and guest bedrooms.
      • Floor area: ~226 sqm on a 278 sqm plot.
    • 4-Bedroom Semi-Detached Duplex with BQ:
      • All en-suite bedrooms, two living rooms, and a large fitted kitchen with appliances.
      • Power showers, jacuzzi in the master bedroom, and fitted split ACs throughout.
      • Box room for extra storage, ample parking, and metered utilities.
      • Floor area: ~226 sqm on a 278 sqm plot.
  • Title: Governor’s Consent, ensuring secure ownership.

Price List

Note: Prices are based on recent listings for Earls Court Estate and similar properties in Ikate Elegushi, Lekki. Prices may vary based on property condition, market trends, and developer promotions.

For Sale

  • 3-Bedroom Terrace Duplex with BQ:
    • Price: ₦115,000,000 (inclusive of fees).
  • 4-Bedroom Semi-Detached Duplex with BQ:
    • Price: ₦120,000,000–₦140,000,000 (inclusive of fees).
  • Average Price: ₦135,000,000 (range: ₦115,000,000–₦160,000,000 for similar properties in Ikate Elegushi).

For Rent

  • 3-Bedroom Terrace Duplex with BQ:
    • Rent: ₦8,500,000 per annum.
    • Service Charge: ₦1,200,000.
    • Caution Fee: ₦500,000.
    • Agency/Legal Fees: ₦850,000 each (10% of rent).
    • Total First-Year Package: ₦11,900,000.
  • 4-Bedroom Semi-Detached Duplex with BQ:
    • Rent: ₦10,000,000 per annum.
    • Service Charge: ₦1,200,000.
    • Caution Fee: ₦500,000.
    • Agency/Legal Fees: ₦1,000,000 each (10% of rent).
    • Total First-Year Package: ₦13,700,000.
  • Average Rental Price: ₦6,988,636 (range: ₦8,500,000–₦10,000,000 for similar properties in Ikate Elegushi).

Investment Potential

  • Advantages:
    • Prime location in Ikate Elegushi, opposite Nike Art Gallery, ensures high demand for rentals and sales.
    • Secure title (Governor’s Consent) and modern amenities like 24-hour power, swimming pools, and astro-turf enhance value.
    • Proximity to major developments (Lekki Free Trade Zone, Lekki Deep Sea Port, Fourth Mainland Bridge) drives 20%–30% annual ROI, as seen in similar Lekki estates.
    • Ideal for buy-to-let investors due to high rental yields in Lekki.
  • Challenges:
    • High service charges (₦1,200,000) and power costs (₦170/kilowatt) may increase ownership expenses.
    • Single access route via Lekki-Epe Expressway can cause delays during rush hours.
  • Outlook: Earls Court’s luxurious design, robust infrastructure, and strategic location make it a top choice for investors seeking capital appreciation and rental income in Lekki’s premium market.

Nearby Estates and Developments

  • Prime Water View Estate, Cowrie Creek Estate, Springville Estate, Lekki Foreshore Estate, and Northern Foreshore Estate.
  • Proximity to Nike Art Gallery, Centro Lekki Mall, Whitesands School, and Lotus Bloom School.

Contact Information

For inquiries or property viewings:

  • Earls Court Estate, Ikate Elegushi:
    • Novarick Homes and Properties: novarickhomes.com or contact via in**@*****************ew.com.
    • Fola Sanni and Associates: Contact via PropertyPro.ng for sales inquiries.
    • Lad Chrislord Limited: Nigeria Property Centre (nigeriapropertycentre.com).
    • Neighbourhood Review: +234-8132257106 or in**@*****************ew.com.
  • General Inquiries: Lekki Gardens (in**@**********ns.com, 07001239008) for similar developments.
  • Note: Verify agent credentials and inspect properties physically before payments to avoid scams.

Conclusion

Earls Court Estate in Ikate Elegushi, Lekki, offers a luxurious and secure living experience with state-of-the-art facilities, including swimming pools, squash courts, and 24/7 power. Its prime location opposite Nike Art Gallery, modern 3- and 4-bedroom units, and secure title (Governor’s Consent) make it a top choice for high-income families and investors. With high rental yields and proximity to major developments, Earls Court promises strong ROI in Lekki’s thriving real estate market. Contact verified agents for the latest pricing and availability.

Disclaimer: Prices and availability are based on data as of June 25, 2025, and may vary. Verify details with estate agents or developers for accuracy.

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