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ALERTS

R1,350,000

2 Ferndale Lane

Monthly Bond Repayment R14,630.05
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,360

Spacious Family Home Near to Port Alfred High School

Step into this older style family home via a charming covered patio, which leads to a spacious entrance foyer. The residence offers a refined ambiance with wooden floors throughout. The formal lounge and dining room effortlessly accommodate social gatherings and provide ample space for family members to relax. The generously proportioned kitchen finished in timber is complemented by a large pantry, offering convenient additional storage. The accommodation comprises four bedrooms and two bathrooms, ensuring comfortable living for the entire family. The property also features two garden flats that can bring in some extra income. The first flat has an open plan living area, a bedroom, and a bathroom, with easy access from the garage. The second flat can be used for guest accommodation or rented out to generate additional income, depending on your requirements. Secure parking for multiple vehicles is provided by the presence of three garages, ensuring peace of mind. Nestled within a spacious garden, the property presents an idyllic setting with some fruit trees in the rear garden, while offering an abundance of space for those who wish to cultivate a vegetable garden. The property's location is particularly advantageous for families with school going children, as it allows for convenient walking access to school. The sheer size of the rooms in this expansive residence is a testament to its construction during an era when building costs had not yet experienced significant escalation. Consequently, this property presents an opportunity for those seeking a home that combines affordability with versatility. I highly recommend a viewing to fully appreciate the vastness and value this property has to offer.

Features

4
2
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
3
Carports / Parkings
2
Security
Yes
Flatlet
2
Sizes
Floor Size
468m²
Land Size
1,164m²
Extras
Alarm System • Balcony • East • Contemporary • Steel • Wooden Floors • Water Tanks • Totally Walled • Septic Tank • Fireplace • Flatlet • Garden Flat • Covered Patio

East Bank, Port Alfred

History In the early 1820's Port Frances and Port Kowie were founded. In 1841 South Africa's first man made harbour was opened here.  After numerous name changes, in 1860, Port Alfred was renamed in honour of Prince Alfred, Queen Victoria's son.   Location Port Alfred is located between 2 cities, Port Elizabeth and East London, on the breath-taking Sunshine Coast of the Eastern Cape. The distance from Port...
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

14,630.05

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