55b Reynolds Avenue, Bishopdale, Christchurch

Nestled in the serene cul-de-sac of Reynolds Avenue, this charming residential unit boasts a brick exterior and a tiled roof, constructed in 1974 and meticulously maintained. The 2-bedroom, 1-carpark home spans an area of 110 square meters under a Cross-Lease title. The property has seen a significant Capital Value (CV) increase from $350,000 in August 2019 to the current $520,000, reflecting a growth rate of 48.57%. The latest sale was recorded in 1998 at $133,000. The property is further enhanced by a private section with beautiful lawns and gardens, and the convenience of being within walking distance to Bishopdale Mall and public transport.

With a HouGarden AVM of $505,000, this property presents an attractive opportunity. The government valuation history and the recent sale prices are indicative of the property's rising value. The combination of a heat pump and a log fire ensures year-round comfort. This delightful home is a rare find in the area, and viewing is highly recommended.

For families with school-aged children, the property falls within the catchment area of several well-regarded schools, including Bishopdale School (Decile 3), Christ the King School (Decile 8), St Patrick's School (Decile 10), and Villa Maria College (Decile 9). The educational options are further complemented by Middleton Grange School, Emmanuel Christian School, Casebrook Intermediate, Papanui High School, St Joseph's School, Christchurch Adventist School, Hagley Community College, and Marian College, providing a diverse range of educational opportunities.

Updated on July 23, 2024