1 Pratley Crescent, Hampstead, Ashburton

Discover the perfect blend of comfort and investment potential at 1 Pratley Crescent, Hampstead, Ashburton. This charming residential dwelling boasts three double bedrooms, ensuring ample living space for families or tenants. The property features a separate kitchen and dining area, complemented by a cozy lounge heated by a modern heat pump. Insulation in the ceiling and underfloor, along with an additional hall heater and HRV system, ensures a comfortable environment year-round. The updated bathroom and separate toilet add a touch of modernity. Outdoors, the property offers a generous section in a peaceful cul-de-sac, complete with a large single garage and workshop for added versatility. Ample off-street parking and a well-fenced yard enhance security and convenience. With a floor area of 105m² and a land area of 905m², this freehold property is built with brick walls and tile roofing, reflecting its 1950s construction yet maintaining average condition in both wall and roof.

The property's capital value has seen a significant increase, from $240,000 in July 2018 to $335,000 in July 2021, marking a 39.58% growth. The latest sale on February 7, 2024, reached $420,000, up from $192,000 in October 2012, showcasing its strong investment potential. The HouGarden AVM estimates the property's value at $330,000, further highlighting its appeal.

Located in a thriving community, this property is conveniently near Hampstead schools and kindergarten, offering a harmonious blend of practicality and accessibility. It falls within the zones of several reputable schools, including Villa Maria College and Craighead Diocesan School, both with a decile rating of 9, St Thomas of Canterbury College and St Joseph's School (Ashburton) with a decile of 8, and Ashburton College with a decile of 6, among others. This ideal starter home or lucrative investment opportunity is not only pretty on Pratley but also a wise choice for those seeking quality education for their children.