RepoLens
Sheriff sale in execution·House

2-bed house in East London, Eastern Cape

·Eastern Cape
Reserve price
R 800 000
Verified today
Auction date
20 Sept 2022

Bond + transfer costs

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Your purchase
Property priceR 800 000
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Deposit10%
R 80 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 7 678
per month for 20 years
Total interest
R1.1m
Total repaid
R1.8m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 19 300
Bond registration
R 16 100
Deeds Office
R 1 460
Total upfront
R 36 860
All-in
Price plus every upfront cost you need at the deeds office
R 836 860

Estimate only. Transfer duty is the SARS Budget 2024 scale (still in force). Conveyancing and bond-registration fees use the LPC recommended scale — actual fees vary by attorney. Confirm with the conveyancer the seller bank appoints before bidding at a sheriff sale.

Description

25 Edlyn Place, Gonubie, East London, Eastern Cape 2 bed, 2 bath. Sale by Sheriff of the High Court EAST LONDON.

Property

Bedrooms
2
Bathrooms
2
Erf number
5338
Sale type
Sheriff sale in execution

Auction details

Sheriff
Sheriff of the High Court EAST LONDON
When
20 Sept 2022

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
Know your total buy-in cost
Use the bond calculator above to estimate monthly instalments, transfer duty, and total costs at the current prime rate.
Bond calculator

RepoLens aggregates publicly published Government Gazette sale-in-execution notices and bank repo feeds. Reserve prices, auction dates and venue details should always be confirmed with the listed attorney before attending. Property descriptions are extracted from the Gazette text. RepoLens is not affiliated with any bank, attorney, bond originator, or financial services provider.