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R1,750,000

Monthly Bond Repayment R18,964.87
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,292

House For Sale In Farningham Ridge

3 Bedroom house + 2 income generating cottages...

***Calling Property Investors***

This property on 1574m2 of land offers:
Main house - 3 bedrooms all with BIC's. 1 bathroom with shower, toilet and basin.
Inviting open plan dining and lounge which has an aircon. Kitchen with hob and under counter oven.

1st Cottage offers: 3 bedrooms, 2 bathrooms (with shower, toilet and basin), a kitchenette with BIC's and open plan lounge/dining.
Rental income - R6 000

2nd Cottage offers: 2 bedrooms, 1 bathroom (with shower, toilet and basin), open plan kitchenette and lounge.
Rental Income - R5 000

Complete with a good sized pool and a lappa, great for entertaining.

Good neighborhood and easy access to amenities including shopping centres, schools, a park, restaurants and accessibility to highways.

This property has good bones, just needs some TLC.

Call to schedule appointment.

Features

3
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
4
Security
Yes
Pool
Yes
Sizes
Land Size
1,574m²

Farningham Ridge, Pinetown

Pinetown is a larger area that is part of the eThekwini Metropolitan Municipality, inland from Durban in KwaZulu-Natal. The area is laced with greenery which provides beautiful surroundings to all its residents. Pinetown hosts various types of homes that are suitable for couples, families and investors. A brief history of the area Pinetown is rich in history and began in 1850 when it was named after...
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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

18,964.87

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