You have 50 by 100 or 100 by 100 plot, you need to know which among the two will be the best. Well, Single rooms are cheaper to build than bedsitters but most people prefer bedsitters.
A bedsitter is one with a toilet and kitchen inside the room. It’s bigger than a single room. In a 50 by 100 plot, there will be about 12 single rooms and a latrine. In the same plot, there will be 6-8 bedsitters.
To build 12 single rooms, you will spend Ksh 25 million to Ksh 3 million. To build 8 bedsitters, you will spend Ksh 3 million to Ksh 4 million. I am speaking about quality rooms which attract clients.
Cost of building a bedsitter in 50 by 100 plot
The total number of bedsitters are 8.
Foundation—Ksh 400,000
Walling—Ksh 400,000
Roofing—Ksh 1 million
Finishing—-Ksh 1.5 million
Fundi—Ksh 500,000
Total=Ksh 3,800,000
Cost of building single rooms in 50 by 100 plot
Total number of single rooms are 12
Foundation—Ksh 300,000
Walling—Ksh 400,000
Roofing—Ksh 1 million
Finishing—Ksh 600,000
Fundi—Ksh 400,000
Total cost=Ksh 2,700,000
The cost of building single rooms will be less than the cost of building bedsitters by Ksh 1.1 million. But you need a latrine which will cost Ksh 200,000. This means that the difference will be Ksh 900,000
Profits from single rooms and bedsitters
Each single room will cost Ksh 4,000. The 12 single rooms will fetch Ksh 48,000 per month
Each bedsitter will fetch Ksh 7,500. The 8 bedsitters will fetch Ksh 60,000
Comfort
The bedsitters will be more comfortable than single rooms because in the bedsitters, you have your own toilet and kitchen. They will be full most of the time. But single rooms are not so attractive because it’s not self-contained. You will find people moving out all the time.
Building bedsitters is better than single rooms and in the long run, they will generate more profits.