Skip to content
UNDER OFFER

3 bedroom cottage for sale

Diep River, Cape Town, Western Cape, South Africa

Offers in Region of
£120,000
Illuminate Real Estate, Cape Town
PROPERTY TYPE

Cottage

BEDROOMS

3

BATHROOMS

2

SIZE

1,324 sq ft

123 sq m

Key features

  • Back-up Power System: 5Kw Inverter & Battery
  • Zoned for both "Residential" and "General Business 1
  • Excellent security with alarm system, beams, bars and spikes
  • Laundry / Utility Room is equipped for washing machine, tumble drier & freezer
  • The spacious open-plan living area consists of Lounge with an attractive bay window and Diningroom adjoining the Kitchen with an eating bar
  • Front brick-paved, roofed Patio faces North with ample space for entertaining as well as secure off-street parking in the Carport for 1-2 cars.

Description

*** UNDER OFFER ***

EXCLUSIVE LISTING

It's very rare for one of these highly appealing, beautifully presented 3 Bedroom, 2 Bathroom Cottages to come onto the market. The last one was way back in 2019. It's set in the popular Diep River Chelsea Village with its characterful, quaint cottages.

The row of six semi-detached homes in leafy Severn Road, opposite a well-maintained community children's park, was developed in the 1990's. It would appeal to young professionals, a young family or a downscaler couple - and most definitely to Investors with its easy to manage erf size of 221sqm and house size of 123sqm.

Pleasing pavement appeal with its brick and slatted wood wall, automated garage door and pedestrian gate. The front brick-paved, roofed Patio faces North with ample space for entertaining as well as secure off-street parking in the Carport for 1-2 cars.

The spacious open-plan living area features a neutral-tone tiled floor and lovely lighting and consists of Lounge with an attractive bay window and Diningroom adjoining the Kitchen with an eating bar. The Kitchen is well-appointed with wrap doors, aluminium handles, top units fitted to the ceiling, free-standing stove, extractor and slots for dishwasher, 2 microwaves and fridge. The paved back courtyard includes a PVC storage shed.

The Main Bedroom with it's North-facing bay window creates a bright, sunny ambience. There are plenty of built-in cupboards, a nook for a dressing table and a pristine shower En-suite Bathroom. The two other Bedrooms have good quality built-in cubpoards and the Family Bathroom includes a bath.

BONUS FEATURES:
*New white aluminium windows and doors throughout.
*Excellent security with alarm system, beams, bars and spikes.
*Laundry / Utility Room is equipped for washing machine, tumble drier & freezer.
*Back-up Power System: 5Kw Inverter & Battery.
*Zoned for both "Residential" and "General Business 1"

See how this home gets top marks on any "Investor's Checklist":

LOCATION & DEMAND:

Proximity:
* Near to schools: Westcott Primary School
* Near to shops: Mr Price Home, Block & Chisel
* Near to business hubs: Sewing Hub, Biketique, Kia, Mamacos, Tafelberg, Turnkey Locksmiths, O'Kennedy's Pub & Grill, Tavern 'n Ale
* Near to transport: Diep River Station

Growth Areas:
* Planned infrastructure or urban development: Constant positive activity in residential developments

Target Market Fit:
* Matching the location to your ideal tenant: The location matches the ideal tenant mix ie young professionals or downscalers

Low Vacancy:
* Areas with high demand and low rental vacancies: Demand in the Diep River area is far higher than supply

Financial Viability:
* Rental yield & cash flow, ensuring rent covers expenses and maintenance plus provides profit: Yes, a viable prospect

Capital Growth:
* Potential for property value to increase over time: Diep River has an excellent track record for consistent, competitive capital gain

Renovation Potential:
* Light renovations can boost value and rent: Cosmetic upgrades would enhance the earning potential

Quality & Layout:
* Good quality stock that appeals to tenants: These cottages are highly sought-after with low maintenance requirements

What a great opportunity to be part of the village vibe!

Erf size: 221sqm
House approx. 123sqm
Rates approx. £48 pm

Diep River, Cape Town, Western Cape, South Africa

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Cape Town(International)
    9.4 miles

About Illuminate Real Estate, Cape Town

Founded in 2022, Illuminate Real Estate offers a boutique estate agency experience with exceptional levels of service, and global exposure across property platforms in South Africa, the United Kingdom, and Germany.

With close on 20 years’ experience in residential property sales, lease management and property investing.

Full property sales service at commission from 1.5% plus VAT.

The team at Illuminate is here to cast a light on residential property in Cape Town, Western Cape, South Africa - www.illuminate.realestate

LEAD BY EXAMPLE™

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Illuminate Real Estate, Cape Town (reference 1ASevernRoad) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

Email agent

Email agent