Charming Scottsville Investment Gem | Prime Location Near UKZN | Expansion Potential on 1,600m²

Nestled in the heart of Scottsville, Pietermaritzburg, this charming single-storey home beautifully blends timeless character with modern convenience, presenting a rare opportunity for both homeowners and savvy investors. Ideally positioned just 750 metres (±3 minutes) from the University of KwaZulu-Natal (UKZN) Pietermaritzburg Campus (Golf Road entrance), the property is perfectly suited for student accommodation or multi-let investment, where demand remains consistently high.

Set on a generous 1,600m² of flat, usable land, this well-maintained residence offers exceptional versatility. The home features 3 spacious bedrooms, 2 well-appointed bathrooms, a welcoming lounge, and a dedicated dining area—creating a warm and functional living environment. A versatile study adds further value, easily convertible into an additional bedroom to maximise rental capacity.

The kitchen is both practical and stylish, complemented by recently upgraded interiors finished with sleek porcelain tiles throughout, ensuring a modern, clean aesthetic that is easy to maintain. Adding to its appeal is a separate flatlet, providing immediate rental income potential or additional accommodation for extended family or tenants.

Outdoors, the property truly shines with a beautifully maintained garden, a sparkling swimming pool, and expansive open space—perfect for relaxation, entertainment, or future development. The large backyard presents a significant opportunity for further expansion, whether by extending the current dwelling or developing additional student accommodation units to enhance returns.

Located in a peaceful and secure neighbourhood, close to schools, clinics, shopping centres, and public transport routes, this property offers both convenience and tranquility—making it highly attractive to students and working professionals alike.

With the ability to accommodate approximately 12+ students in its current configuration, the property can generate an estimated rental income exceeding R45,000 per month based on 2025 NSFAS mid-range rates, with room to grow even further through strategic development.

Key Features & Investment Highlights:

Prime Scottsville location just 750m from UKZN Pietermaritzburg Campus
Strong student accommodation demand ensuring high occupancy potential
Large 1,600m² flat land – ideal for redevelopment or expansion
3 spacious bedrooms + 2 bathrooms
Additional study (convertible into a 4th bedroom)
Welcoming lounge and dining area
Modern Open-plan kitchen with updated finishes
Recently renovated interiors with porcelain tiled flooring throughout
Separate flatlet for additional rental income
Potential to accommodate ±12+ students in current setup
Estimated rental income of ±R45,000+ per month (NSFAS aligned)
Massive backyard with further development potential
Swimming pool and landscaped garden – lifestyle and tenant appeal
Fully fenced with brick perimeter wall for added security
Aluminium and steel windows with durable finishes
Additional value features: cellar and gym space
Quiet, secure neighbourhood close to schools, clinics, shops, and transport routes

This property offers the perfect balance of lifestyle, location, and long-term investment potential. Whether you are looking to establish a high-yield student accommodation portfolio, expand your rental income stream, or secure a spacious family home with future upside, this Scottsville gem delivers on every level.

Don’t miss out on this exceptional opportunity — contact us today to arrange your private viewing.

House for sale in Scottsville, Pietermaritzburg, KwaZulu Natal, 29 York Avenue, Scottsville, Pietermaritzburg, KwaZulu Natal, 1600 m²