Repossessed

Bank Repossessed Houses In Phoenix Durban

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Finding bank repossessed houses in Phoenix, Durban is possible through several local platforms and auction services. These properties are often sold via bank partnerships, auctions, and classified ads, giving buyers opportunities to find affordable homes in various suburbs of Phoenix[1].

Several properties are listed on classified sites such as Gumtree, where you can find repossessed flats and houses, including detailed descriptions, prices, and agent contact details. For example, recent listings include:

  • A 3-bedroom house in Longcroft, Phoenix, Durban, with secure parking and proximity to amenities, priced at R995,000.
  • A freestanding 3-bedroom house in Whetstone, Phoenix, with a large yard, for R799,000.
  • A 2-bedroom house for R900,000.
  • Other Phoenix repossessed homes and flats in different price brackets, offering potential buyers various options[3].

Local property auctioneers, such as Rawson Auctions, also regularly list houses in Phoenix that are available for bank repossession or auction. For instance:

  • A 4-bedroom house in Whetstone, Phoenix, was auctioned with a reserve price of R850,000.
  • Upcoming auctions often include 3-bedroom houses in suburbs like Westham and Brookdale, with starting bids from R400,000 to R800,000, making it possible to secure properties below market value[2][4][6].

Additional listings and opportunities are also available on dedicated bank property portals and auction services, where you can browse a variety of repossessed homes across Durban, including Phoenix. Leading banks in South Africa, such as Absa, FNB, and Nedbank, frequently release updated lists of repossessed properties that can be found on platforms like Private Property and MyRoof[5][7].

For those interested in upcoming auctions, specialist firms like Ian Wyles Auctioneers and others based in Durban offer regular multi-property auctions that include bank repossessed and liquidation sales, providing another avenue to acquire property in Phoenix at potentially reduced prices[8].

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