Transform this centrally located double-storey into a high-return family home or rental, with expansive yard, separate self-contained outbuilding for income, and three bathrooms ready for renovation.
This double-story home is a diamond in the rough, offering investors a rare chance to renovate and add significant value. With its spacious layout, large yard, and versatile features, this property is an ideal candidate for a transformation that can yield high returns. Whether you're looking to flip for profit or create a family haven, this home is packed with potential.
Property Features:
4 Well-Sized Bedrooms: Spacious rooms that can easily be updated to suit modern tastes, offering plenty of room for family or tenants.
3 Bathrooms: Great layout with plenty of potential for upgrades to increase the property’s value and functionality.
Expansive Lounge: A bright, airy space that can be revamped into a stylish living area ideal for entertaining or relaxation.
Functional Kitchen: Ready for a renovation to transform it into a chef's dream, catering to contemporary needs and preferences.
Additional Features:
Separate Outbuilding: Includes a bedroom, bathroom, and shower – perfect for turning into an independent rental unit, guest accommodation, or home office. This added space can significantly boost rental income potential.
Prime Location: Centrally located with easy access to top schools, shopping centers, and major transport routes, this property offers excellent potential for both long-term rental and resale value.
With a bit of work, this property can be transformed into a stunning investment that offers both comfort and high returns. Don't miss out on this golden opportunity – schedule a viewing today!
Listed for sale at R1,980,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 144 listings in Pietermaritzburg (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 8% below the median. Floor size is 53% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Affordability
R 19,437 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
144 similar listings
High similar-home inventory town-wide (Pietermaritzburg)
Median time on market: 74 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Town Hill offers residents a tranquil, suburban lifestyle with convenient access to Pietermaritzburg's amenities and stunning views.
* Distances and amenities are approximate.