Nestled on a 408m2 freehold section at 12 Percival Street, Sydenham, Christchurch, this charming 1915-built cottage presents a perfect opportunity for first-home buyers. With three bedrooms, an open-plan kitchen and dining area, a cozy lounge with a log fire and heat pump, the residence ensures comfort throughout the year. Notably, the property's capital value has seen a significant increase from $300,000 in 2019 to $415,000 in 2022, reflecting a growth of 38.33%. The home, though in need of some TLC for its wall and roof, is situated in a prime location, close to a variety of amenities and outdoor activities, with a HouGarden AVM of $377,500 and a latest sale record in 1994 at $48,250.
For families with school-aged children, the property falls within the zone of several high-performing schools, including Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Middleton Grange School (decile 9), and Cashmere High School (decile 9), among others. This quiet cul-de-sac street offers an ideal environment for learning and growth.
With such a promising investment in a sought-after school zone, this property is not only a comfortable home but also a wise choice for those looking to secure their first home in a fabulous location.
Updated on December 05, 2024