2 bedroom flats in Broad Street run ₦135,000 to ₦40,000,000 per year. Basic units begin at ₦135,000, whereas apartments in well-maintained structures with elevator service, enhanced ventilation, and parking access climb to ₦40,000,000. Building age and maintenance level significantly impact pricing. Floor position matters—higher floors with better airflow cost more since ventilation is crucial in this dense area.

Lagos property terminology can be confusing, but here's clarity: "flat" and "apartment" are synonymous in Nigerian real estate. Both describe independent residential units in buildings with multiple occupants. The terms come from British English influence ("flat") and American English ("apartment"), but locally they're completely interchangeable when you're searching for 2 bedroom flats in Broad Street.

Most 2 bedroom flats in Broad Street are available both ways. Empty units cost ₦135,000 to ₦40,000,000 per year. Furnished properties with appliances, furniture, and basic fixtures range from ₦800,000 to ₦3,500,000 more annually—usually 20-30% more. Furnishing is generally basic to moderate here. Filter by furnishing status on ExpertListing to find what works for you.

You'll find building security, generator backup (often shared), water supply systems, and parking where available in Broad Street properties. Many buildings are older structures with basic but adequate maintenance. Most properties use prepaid electricity meters and rely on boreholes for water. Elevators exist in taller buildings but may not always be functional—verify this if you're looking at upper floors. Amenities are practical and essential, reflecting the area's commercial character. Always check building-specific conditions with property owners on ExpertListing.

ExpertListing pre-verifies landlords, but take additional steps: Use our map feature to physically locate and inspect the property. Request the Certificate of Occupancy or Governor's Consent and confirm it's legitimate. Ensure the landlord's identity matches property ownership documents. Never transfer rent without a signed tenancy agreement—this is non-negotiable. Keep all communications on ExpertListing's messaging system for your protection and records.

Broad Street is intense during business hours (8am-6pm)—heavy traffic, crowded sidewalks, constant commercial activity. Evenings and weekends are much quieter when offices close. You're surrounded by banks, government offices, and businesses, so everything work-related is accessible. But don't expect nightlife, modern restaurants, or entertainment—you'll head to VI or Lekki for that. The architecture has character with colonial and Brazilian influences. Parking is challenging during work hours. This suits people who work on the Island and prefer zero commute over modern lifestyle amenities. If you're young and social, this might feel too old-school and congested. But if you value location, affordability, and don't mind older buildings, it works well.