1/21 Newcastle Street, Phillipstown, Christchurch

Nestled in the serene cul-de-sac of Newcastle Street, this charming 3-bedroom, 1-bathroom home offers a warm and inviting atmosphere. Constructed in 1920 with wood walls and an iron roof, this residential dwelling sits on a level contour with an average wall and roof condition. It boasts a floor area of 110 square meters and is under a Cross-Lease ownership. The property has seen a significant Capital Value increase of 52.73% from $275,000 in 2019 to $420,000 in 2022. The latest sale was recorded at $389,370, while the HouGarden AVM estimates it at $422,500, making it an attractive opportunity for investors or first-time homebuyers.

With a heat pump, a modernized bathroom, and a well-fenced yard, this property is not only tidy but also affordable. The recent redecoration by the Earthquake Commission (EQC) and the fresh paint on the roof and fences further enhance its appeal. It's located in a sought-after school zone, with Middleton Grange School (Decile 9) and Marian College (Decile 8) among the notable institutions in the area.

For families with school-aged children, the property falls within the catchment area of various schools, including Linwood Avenue School (Decile 2), Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Te Aratai College (Decile 3), ensuring access to quality education.

Updated on October 02, 2024