7 Bedroom House for sale in Brixton

REDUCED BY OVER R100 000 Quality student accommodation / private rental investment, for sale in Caroline Street, Brixton In total accommodating 15 students Heres an example of the potential income you can generate through this property Listing price: R1 595 000 Purchase price: R1 500 000 Monthly repayment: R14 000 Monthly rental income: R55 000 Profit every month: R41 000 Profit for the year: R492 000 The property offers a main home, with 3 large rooms, accommodating 2 students each and 3 students in the third room A double tandem garage, which accommodates 2 students each, totaling 4 for the section. With its own entrance A separate outside suite with its own bathroom and own entrance The bathroom in the main home has both a bath and a shower The kitchen has been beautifully upgraded and is spacious A large double lounge, easily converted to 2 rooms A sun room Additional space for extension, comfortably accommodating 4 more large rooms This is a quality investment, in a top location. The property has been extremely well maintained with no work needed. Huge potential for extension and additional rooms, and in turn huge potential to add to the income it is already generating