Located at 2/395 Gloucester Street, Linwood, Christchurch, this residential property features two generously sized bedrooms with built-in wardrobes, one bathroom, and a single garage with internal access and ample storage. The floor area is 90m², set on a cross-lease title. The home, built in 1976, showcases concrete walls in good condition and a tiled roof also in good condition. The property is level and has been recently refurbished with new carpet, paint, a new kitchen with updated joinery and appliances, and a heat pump for year-round comfort. The separate living area opens onto a deck, enhancing outdoor enjoyment, alongside an easy-care yard and a dedicated laundry room.
The capital value of this property has seen a significant increase, from $235,000 in August 2019 to $345,000 in August 2022, marking a 46.81% growth. The latest sales in December 2023 and March 2023 were recorded at $428,000 and $432,000 respectively, while the HouGarden AVM estimates the property's value at $330,000. This property is offered by negotiation over $425,000, reflecting its recent upgrades and market demand.
In terms of education, the property is zoned for several schools including Christchurch East School (decile 3), Marian College (decile 8), and Te Aratai College (decile 3). Other nearby educational institutions include Middleton Grange School (decile 9), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6). Its location offers easy access to Eastgate Mall, Linwood shops, Richmond Village, and is within a five-minute commute of the CBD, making it an ideal choice for families seeking convenience and quality schooling.
Updated on April 06, 2024.