Nestled in the serene Bramwell Street of Dallington, Christchurch, this charming 2-bedroom, 2-car park residence is a perfect blend of classic charm and modern potential. Constructed in 1950 with wood walls and tiled roof, this freehold property sits on a level contour with a floor area of 101sqm and a spacious 658sqm section. The current capital value of $475,000 reflects a significant increase of 43.94% since 2019, showcasing its investment potential. The property's latest sale history dates back to 2010 at $220,000, while the HouGarden AVM estimates it at $437,500, indicating a lucrative opportunity for the right buyer.
With a CV growth history that speaks volumes about its rising value, this property also comes with an insurance payout of $5,376 for the new owner to renovate and add personal touches. Its location is a key highlight, being within the catchment of several reputable schools, including Middleton Grange School (Decile 9) and Marian College (Decile 8), ensuring quality education for the family. Other schools in the zone include Hillview Christian School (Decile 7) and Mairehau High School (Decile 4), among others.
Not only does this property offer an affordable entry into a desirable neighborhood, but it also presents an exciting prospect for those looking to modernize and add value. The open-plan kitchen, indoor-outdoor flow, and the potential to convert a living area into a third bedroom are just a few features that make this home a must-consider for those seeking a blend of comfort and potential.
Updated on December 12, 2024