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R2,899,000

1 Butleigh Close, Somerset Valley Estate, 7 Hambridge Avenue

Monthly Bond Repayment R31,416.67
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R2,330
Monthly Rates
R2,500

Rare opportunity

3 Bed converted to 2 bed. Recently painted, new carpets and aircons serviced.

This simplex is in Somerset Valley Estate. The estate was designed for active retirees, has a clubhouse, library, and hairdresser on site.

Gym classes, cards and other social activities are held in the clubhouse.

There is also a communal pool in the complex.

The location is close to shopping centres and Umhlanga beaches; offering a comfortable lifestyle, although there is no restriction on age should younger members of the family require accommodation.

Features

2
2
2
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Floor Size
150m²

Somerset Valley Estate, Umhlanga

The seaside town of Umhlanga Rocks on South Africa’s eastern coast is upmarket and vibrant. Situated 16 kilometres north of the city of Durban, the area has become a great focus of development in recent years, and is no longer just a coastal holiday mecca – it has become a thriving urban landscape too. Umhlanga has much to offer locals and visitors – a glorious subtropical climate, beautiful...
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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

31,416.67

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