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R1,088,000

Monthly Bond Repayment R11,602.75
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,500
Monthly Rates
R1,500

Property for Sale in Flamwood Renovator’s Dream with Great Investment Potential

Seize this unique opportunity to own a partially completed property with huge potential! Originally designed as a single 3-bedroom house, this property has been cleverly divided into three units: a 3-bedroom main house and three bachelor flats. This setup offers a wealth of possibilities for the right buyer, whether you're an investor, renovator, or a DIY enthusiast looking for a rewarding project.

Property Highlights:
- Main House: A spacious 3-bedroom home with loads of potential, just waiting for your finishing touches. The layout provides ample living space, making it ideal for a family or as a high-rental-income property once completed.
-Bachelor Flats: Three bachelor units for added income potential. One of these units is livable and can provide immediate rental income, while the other awaits renovation, offering even more future value.

Additional Features:
- Renovator’s Bargain: Priced to sell quickly, this property is perfect for buyers who are ready to roll up their sleeves and transform this house into a lucrative investment or dream home.
- Investment Potential: Once fully renovated, the property can serve as a multi-rental investment or a spacious home with additional income from the bachelor flats.
- Prime Location: Ideally situated close to local amenities, schools, and transportation, making it attractive for renters and future resale value.

Renovation Opportunity:
This is not just a property purchase; it’s a canvas for your vision. Bring your creativity and skills to breathe life back into this property, adding personal touches and value every step of the way.

Don’t miss out on this rare find for renovators and investors! Contact us today to arrange a viewing and explore the possibilities this project has to offer.

Features

5
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
3
Reception Rooms
3
Exterior
Carports / Parkings
3

Flamwood, Klerksdorp

Background and Historical Information of the Area: Klerksdorp is situated in the heart of the North-West Province, and it is one of the biggest towns in the province. This area was deeply rooted in the gold mining industry. If you have a passion for growing and agriculture, as well as history or consider yourself to have a green thumb, Klerksdorp might just be your place. Klerksdorp plays a significant role in...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

11,602.75

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