House for sale

R 850 000

Somerset East , Somerset East , Eastern Cape

Beds

Baths

Parking

1,172 m²

Floor area

1,172 m²

Stand size

House 4 beds 3 baths 1,172 m²

About this property

Located in a quiet and sought-after area of the town, this home offers great potential. It features four spacious bedrooms, two of which have built-in wardrobes. There are two bathrooms, as well as a convenient separate toilet. The house also boasts a generous kitchen. This property is the perfect family home. It also includes a decent-sized garden, ideal for planting flowers or even starting a vegetable garden. The home truly offers a lot of potential.

Rooms & layout

Bedroom × 4

Bathroom × 2

Toilet

Kitchen

Garage × 3

Features & amenities

GardenBuilt in wardrobesQuiet areaFamily home

Price & ownership

Asking price R 850 000

Price per m² R 725

Municipal valuation -

Cost to buy (indicative)

Including bond costs

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 850K

Taxes + legal + admin fees R 20,4K

Rough split: 97.7% purchase price, 2.3% buying costs.

Asking price R 850 000
Deeds Office (transfer) R 739
Conveyancing (est., incl. VAT) R 19 608
Deeds lodgement R 52
Total indicative R 870 399

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 8 027 /month

Total paid over 20 years (deposit + repayments): R 2 011 434

Deposit 10% · R 85 000

Loan term 20 years

5 yr 30 yr

Interest rate 11.25% p.a.

5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 765 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.