1 Sumner Street, Spreydon, Christchurch

Nestled in the serene Spreydon, Christchurch, at 1 Sumner Street, lies a charming 2-bedroom, 1-bathroom, 1-carpark residence, built in 1921 on a freehold title. The 94sqm floor area is complemented by a 607sqm land area, featuring a well-maintained wooden exterior and robust iron roof. This property has seen a 42.11% increase in Capital Value from $380,000 in 2019 to $540,000 as of 2022. The latest sale history boasts a price of $650,000 in 2024, versus $387,500 in 2018. The HouGarden AVM estimates the property at $525,000. The home is situated in a prime school zone, with the likes of Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8) in close proximity.

Not only is the property a gem in terms of value appreciation, but it also stands out with its 'secret haven' feel, thanks to the beautifully established grounds. The sun-filled, open plan living areas are a highlight, as is the potential to convert into a 3-bedroom home. Its location, just 1.2km from The Barrington Mall and 1.3km from Tower Junction, adds to its allure.

For families with school-aged children, the property falls within the catchment area of several well-regarded schools, including Middleton Grange School (Decile 9) and Hillmorton High School (Decile 4), among others. This is not just a house; it's an opportunity to join a thriving community with excellent educational facilities.

Updated on July 26, 2024