House for sale

R 820 000

Soshanguve Vv , Soshanguve , Gauteng

Beds

Baths

220 m²

Floor area

House 3 beds 2 baths 220 m²

About this property

A great opportunity to buy your dream home. This 3-bedroom, 2-bathroom house may qualify for government housing subsidy (1st Home program, previously known as FLISP). The subsidy can cover transfer and bond costs or deposit, ranging from R38,911 to R169,265. To qualify, you need to earn a minimum basic salary of R3,501 up to R22,000 (basic salary plus housing-related income), have at least one dependent, be a first-time buyer, and be a South African citizen.

Rooms & layout

Bedroom × 3

Bathroom × 2

Features & amenities

Subsidy eligibleFirst time buyer programGovernment housing scheme

Price & ownership

Asking price R 820 000

Price per m² R 3 727

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 820K

Taxes + legal + admin fees R 19,9K

Rough split: 97.6% purchase price, 2.4% buying costs.

Asking price R 820 000
Deeds Office (transfer) R 713
Conveyancing (est., incl. VAT) R 19 159
Deeds lodgement R 52
Total indicative R 839 924

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 7 744 /month

Total paid over 20 years (deposit + repayments): R 1 940 442

Deposit 10% · R 82 000

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 738 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.