146 Springs Road, Hornby, Christchurch

Nestled in the heart of Hornby, Christchurch, 146 Springs Road presents a unique opportunity for those looking to enter the property market. This residential dwelling boasts three bedrooms and spans across a generous floor area of 166m2, all situated on an expansive 840m2 freehold section. Constructed in the 1970s with concrete walls and an iron roof, both in average condition, this property offers a solid foundation with room for personal touches. The level contour of the land complements the home's layout, featuring a kitchen equipped with an electric oven, a separate living area with double doors leading to the conservatory, and a heat pump ensuring comfort throughout the year. Additionally, the property includes a family bathroom, separate toilet, and laundry, alongside a double garage and ample off-street parking.

Over the past few years, 146 Springs Road has seen a significant increase in capital value, growing from $440,000 in August 2019 to $660,000 in August 2022, marking a 50% increase. The HouGarden AVM estimates the property's value at $632,500, making the asking price of over $639,000 negotiable a compelling consideration for potential buyers. This property's value trajectory underscores its potential as a sound investment in a sought-after location.

The property is zoned for a range of schools, including Villa Maria College and St Thomas of Canterbury College, both with a decile rating of 9 and 8 respectively, indicating high-quality education options. Other nearby educational institutions include Hornby High School Years 7-8, South Hornby School, Middleton Grange School (Years 11 - 13), Aidanfield Christian School, Christchurch Adventist School, and Hagley Community College, offering a variety of choices for families. This location is not only ideal for families but also convenient for university students due to its proximity to great public transport options.

Updated on April 04, 2024.