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R2,090,000

2 Frances Road

Monthly Bond Repayment R22,649.48
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,147

3 Bedroom House For Sale in Norwood

Delightful, spacious, family home, full of olde-world character with lovely modern touches, in excellent condition, on the “Houghton side” of Norwood, very close to the golf course.

In addition, a fully renovated, large guest cottage that earns good air-bnb monthly income.

The family living there have really loved this home and their love and care shine through in the various renovations and improvements made, and the excellent condition of the property..

The large covered patio on the south side of the house is perfect for late-afternoon drinks and relaxation, overlooking the plunge pool and garden. The kitchen is a chef’s delight—well-appointed, gas stove, separate pantry cupboard, fireplace, cemcrete-type floor. Also includes a dining area.

The guest cottage is warm & cosy and includes a lounge, kitchenette & eating area, and one bedroom. One parking bay within the property. Recent monthly earnings on air-bnb have been R11 000 to R13 000.

Features
• 5 KVA inverter, solar panels and lithium battery (Gosolr rented system).
• Original pressed-metal ceilings.
• Oregon pine flooring.
• Verandah on norths side of the house.
• Renovated bathroom, retaining olde-world look.
• A work-from-home “nook” in the passage-way.
• Well-manicured gardens within the property and on the pavement.
• Excellent security: electric fence, security gates, alarm, CAP, contribution to street guard.

Features

3
1
1
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
1
Studies
0.5
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Land Size
515m²

Norwood, Johannesburg

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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

22,649.48

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