Located at 105 Charles Street, Waltham, Christchurch, this residential dwelling presents a unique opportunity for those looking to invest in a character home with potential. Built in 1915, the property features three double bedrooms, a family bathroom with a separate bath and shower, and a living room, all spread across a 70m² floor area. Despite being earthquake-damaged and sold 'as is, where is,' it offers a chance to add value through renovation. The exterior boasts wood wall construction and an iron roof, both in average condition, on a level cross-lease section. Unfortunately, there are no car parks included.
Over the past few years, the capital value of this property has seen a significant increase, from $285,000 in August 2019 to $435,000 in August 2022, marking a 52.63% growth. The latest HouGarden AVM estimates the property's value at $427,500. Historical sales data reveals transactions at $215,500 in April 2006 and $215,000 in June 2010.
The property is situated within a desirable school zone, offering a range of educational options. Nearby schools include Middleton Grange School (Years 11 - 13) with a decile rating of 9, Te Waka Unua School (Full Primary) rated decile 2, Hillview Christian School (Composite) decile 7, Christchurch Adventist School (Composite) decile 5, Hagley Community College (Secondary Year 9-15) decile 6, Marian College (Secondary Year 9-15) decile 8, Te Aratai College (Year 7&8) (Secondary Year 7-15) decile 3, and Waltham School (Full Primary) decile 3.
Updated on March 21, 2024.
