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R1,300,000

Monthly Bond Repayment R14,088.19
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,300

Filled with endless possibilities

This beautiful plot and property spanning over 3200 sqm, among gorgeous old trees in the heart of Umtentweni, is filled with exciting possibilities of what could be. This is a home requiring some tlc and fixing up, which is why it's on the market at such an attractive price.

An older home featuring yesterday finishes such as parquet flooring or a cosy fireplace, that could be highlighted in any upgrade to make a contemporary home ooze with old country style charm. The house does offer many bedrooms/rooms, so depending on what your preference you can accommodate many or utilise a couple of the rooms as an office space or a baby's room. It also features a cared for kitchen, separate scullery with laundry area and a single garage that has an entrance into the scullery. In addition the property also contains a freestanding one bedroom flat, bathroom, lounge and kitchen.

What I love about this property is how level the whole property is, and upon viewing the way in which the spacious lounge opens out to a small patio and the back garden, my mind runs wild with all the possibilities of this home. Currently a blank canvas that can quite easily be transformed into a captivating outdoor entertainments area, with a sparkling swimming pool and sprawling gardens and lawn beyond. It could be incredible.

If renovations are your thing, then this is a MUST!! However, even if its just that this home sits within your price point, then either way, this home can only gain in value if you just give it the TLC it needs. It's got MASSIVE potential written all over it.

Features

3.5
2.5
1
Pets Allowed
Yes
Interior
Bedrooms
3.5
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
1
Carports / Parkings
2
Flatlet
1
Sizes
Land Size
3,200m²
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

14,088.19

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