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R2,150,000

Monthly Bond Repayment R21,465.17
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,900

Secure, Versatile Property Perfect for Student Rentals

This spacious property is perfectly designed to meet the growing demand for quality student housing in East London.

Main House
• 3 large bedrooms
• 4 utility rooms that can easily be converted into additional bedrooms or study spaces
• Lounge, dining hall, and reception area for communal living
• 2 toilets, 1 shower, plus a guest toilet for shared convenience
• 2 kitchens (one can function as a scullery or second cooking area for larger groups)

Flatlet
• Huge self-contained flat with kitchen, bathroom, and toilet – ideal for a live-in caretaker, senior student, or rental add-on.

Security & Access
• 2 concrete driveways for off-street parking
• Full perimeter wall with secure gates and burglar bars
• Alarm system for peace of mind

This home offers **multiple income streams** and can be configured to accommodate a large number of students comfortably. The combination of bedrooms, utility rooms, and the flat makes it versatile and highly attractive for student rental investors.

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
2
Reception Rooms
2
Exterior
Security
Yes

Quigney, East London

Background and Historical Information of the Area East London, affectionately called Buffalo City by its locals, is located on the southeast coast of South Africa. In 1836, John Bailie, a settler from the 1820s, surveyed the mouth of the Buffalo River and founded the town hence the name "Buffalo City". Area Serenity East London is considered peaceful and beautiful. The city's rich history, cultural...
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R
R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

21,465.17

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