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Glenwood, Glenwood, Pietermaritzburg, KwaZulu-Natal
R 850 000
This well-maintained, investor-owned property in Pietermaritzburg in the heart of Glenwood offers a steady monthly income of up to R10,400, making it an ideal addition to any serious property portfolio. The home features 6 spacious bedrooms, including one en-suite, along with a communal bathroom and a shared kitchen. The property is exceptionally clean and well cared for, reflecting the pride taken by its long-term tenants, who have expressed that they genuinely enjoy living here — a strong indicator of stability and low vacancy risk. Electricity is on prepaid meters, allowing for easy cost control, while municipal water is currently in use and can be converted to prepaid if desired, offering further efficiency for the investor. With its solid rental performance, reliable tenants, and strong future potential based on its condition and layout, this property presents a smart, income-generating opportunity in a sought-after area. Price is negotiable, making this an excellent chance to secure value in a proven rental node. Zoning: Residential Mandate Type: Sole
Estimated monthly repayment
R 8 027
on a R 765 000 bond over 20 years at 11.25%
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Glenwood, Glenwood, Pietermaritzburg, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 70% below comparable 6-bed houses for sale in Glenwood
Based on 11 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Nomvula Khoza
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