Located at 68 Sherborne Street, Saint Albans, Christchurch, this residential dwelling offers a unique blend of character and potential. Built in the 1920s, the property features four bedrooms, one bathroom, and one off-street carpark, spread across a floor area of 111 square meters. The home is constructed with wood walls and an iron roof, both in average condition, and sits on a level cross-lease land. The interior boasts an open-plan kitchen, dining, and living area, with the kitchen offering ample storage solutions. Additional features include three heat pumps, ceiling insulation, timber wall panelling, and high stud ceilings, making this standalone home a comfortable and spacious option.
The property has seen a significant increase in capital value, from $370,000 in August 2019 to $530,000 in August 2022, marking a 43.24% growth. The latest sale was recorded in February 2024 for $490,000, up from $200,000 in June 2006. The HouGarden AVM estimates the property's value at $510,000, indicating a strong market presence and potential for further appreciation.
Education is a priority, with the property zoned for several high-decile schools, including St Albans School and Heaton Intermediate, both with a decile rating of 9. Other nearby educational institutions include Middleton Grange School (Years 11 - 13), Emmanuel Christian School, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, offering a range of options for families. This prime location, combined with the property's affordable price and potential for improvement, makes it an attractive option for those looking to invest in a sought-after area.
Updated on April 05, 2024.
