12 Tancred Street, Linwood, Christchurch

Nestled at 12 Tancred Street in the serene Linwood, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single car park. Constructed in 1973 with concrete walls and tiled roof, both in good condition, this level property is a perfect blend of classic charm and modern comfort. It features a floor area of 158 square meters and is on a cross-lease title. The capital value has seen a significant increase, rising from $270,000 in August 2019 to $405,000 in August 2022, indicating a 50% growth.

With a HouGarden AVM of $387,500 and recent sales at $380,000 in February 2024 and July 2023, this property presents a sound investment opportunity. Its location is further enhanced by its proximity to a range of schools, including Middleton Grange School (Decile 9), Linwood Avenue School (Decile 2), Hillview Christian School (Decile 7), and more, making it an ideal choice for families.

For those seeking a peaceful environment with easy access to amenities, this property is sited in a quiet cul-de-sac, enjoying all-day sun with low maintenance grounds, a private paved courtyard, and modern conveniences like a heat pump. It's perfect for first-home buyers, downsizers, or investors looking for a smart return on investment.

Updated on April 10, 2024