Nestled in a quiet cul-de-sac at 471c Gloucester Street, Linwood, Christchurch, this freehold property boasts a modern design with 3 bedrooms, 2 bathrooms, and a spacious open-plan living area. Constructed in 2015 with iron walls and roof in good condition, it sits on a level 230sqm section with a northerly aspect that floods the home with natural light. The property, with a current Capital Value (CV) of $570,000, has seen a remarkable increase of 50% from its 2019 CV of $380,000, reflecting its growing value and investment potential. The home is equipped with a heat pump and includes a carport, all set in a private deck and backyard perfect for family gatherings.
With a HouGarden AVM of $530,000 and a history of solid sales, this property presents a sound investment opportunity. The CV growth rate is a testament to the area's desirability and potential for future appreciation. The recent sale history and AVM further validate the property's market worth, making it an attractive prospect for both investors and homeowners.
For families with children, the property falls within the catchment area of several well-regarded schools. Middleton Grange School (Decile 9) and Marian College (Decile 8) cater to secondary students, while Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), and Christchurch East School (Decile 3) provide options for primary and intermediate levels. Hagley Community College and Te Aratai College also offer secondary education, ensuring a variety of educational institutions to choose from.
Updated on June 26, 2024