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R349,000

Monthly Bond Repayment R3,721.84
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R844
Monthly Rates
R536

Neat Studio Apartment

Located in the heart of Scottsville, this studio apartment is perfect for investors or first-time buyers. Priced for convenience, it’s situated within walking distance of UKZN, Durban Road Shopping Centre, and public transport routes—offering great convenience to both students and working professionals.

The flat has an open plan kitchen bedroom area, with a shower toilet basin off this. The unit is tiled, and was recently painted.

With the high demand for rentals in this area, this apartment presents an exceptional opportunity for investors, as tenants are consistently seeking well-located units like this one. Don’t miss out on this great deal in Scottsville!

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
22m²

Scottsville, Pietermaritzburg

Natal Property Consultants offers various property solutions for those wanting to move to Pietermaritzburg. Pietermaritzburg is the capital city of the Kwa-Zulu Natal province and also the second largest city in the province. It was founded in 1838 and currently forms part of the Msunduzi Local Municipality.  Pietermaritzburg is situated on the N3 and provides easy access for...
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Interest Rate Reduction
Today The Reserve Bank cut the interest rate by a full 100 basis points, which in turn will result in the Prime Interest Rate for Home Loans dropping from 9,75% to 8,75%. In order to give you a quick idea as to the Nett saving...
 
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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

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

3,721.84

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