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R1,325,000

Monthly Bond Repayment R14,130.19
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Student Accommodation House in Scottsville

**For Sale: Investment Opportunity in Scottsville – Perfect for Student Housing or BnB**


This spacious house in the heart of Scottsville is ripe with potential! While it requires some serious renovations, its unbeatable location makes it an ideal investment for student accommodation, short-term rentals, or a cozy family home.


### Property Highlights:


- **Prime Location**: Situated within walking distance to UKZN and DUT, making it a perfect option for student housing.
- **Spacious Yard**: Large outdoor space with plenty of potential for landscaping, parking, or expansion projects.
- **Ready for Renovation**: The house requires upgrades, including ceiling board replacements, rewiring, and a new geyser installation. Ideal for buyers looking to customize and renovate to increase property value.
- **Nearby Amenities**: Enjoy proximity to Scottsville Shopping Centre, Woodburn Shopping Centre, and an array of restaurants, banks, and shops, putting convenience at your doorstep.
- **Community & Entertainment**: A short distance from Harry Gwala Stadium, Alexander Police Station, Winston Churchill Theatre, Msunduzi offices, and Maritzburg Golf Course, offering entertainment, security, and professional facilities nearby.
- **Transportation & Accessibility**: Easy access to Oribi Airport and key transport routes make it convenient for residents and guests alike.
- **Additional Nearby Facilities**: Close to hospitals, clinics, government offices, churches, Alexander Park, UNISA, and popular accommodations like Yes Please BnB.


This property has endless potential in a high-demand area, especially with a large student population and numerous amenities nearby. Whether you’re looking to renovate for resale, create a student rental property, or develop a BnB, this Scottsville house offers a promising opportunity. Schedule a viewing today to envision the possibilities!

Features

4
1
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
1
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
20
Sizes
Land Size
1,679m²
Extras
Near Park • Garage • 2 Car Garage • Common Areas • Veranda • On Quiet Road • Old Building • Corner Lot • On Busy Road • Frequency location • Brick • Kitchen - Extra • First owner • Near Fitness centre • Near Public Transportation • Needs Renovation • Domestic Bathroom Bathroom • Near Medical Center • Covered Parking • Near Golf Course • Open • Balcony • Roof Terace • Near Airport • Near Schools • Near Congress-Centre • Near Shops • Staff Accommodation • City Center • Protected (Historical) • Near Bus • Kitchen-Dinette • Satellite • Near University/Campus • Eat-in Kitchen • Near Hospital • Near Shopping Mall • South
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

14,130.19

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