2/132 Tancred Street, Linwood, Christchurch

Nestled at 2/132 Tancred Street in the serene Linwood, Christchurch, this residential ownership home unit boasts a freehold title. The 2-bedroom, 1-bathroom home sits on a levelled 66sqm land area with a floor space of 70sqm. Constructed with mixed materials for the walls and iron for the roof, the property is in a good condition both inside and out. It's a modern build, completed in 2024, and is equipped with a heat pump for comfort.

As per the latest valuation records, the capital value has shown a promising increase. The government's capital value as of August 2022 stands at $530,000, while the HouGarden AVM estimates it at $515,000. The property's market worth is further evidenced by the recent sale on May 28, 2024, at $480,000, indicating a potential for growth.

For families with children, the property falls within a desirable school zone. With a decile rating that reflects its high standard, the nearby schools are highly sought after for their quality education.

Updated on July 26, 2024