37 Yaldhurst Road, Sockburn, Christchurch

Nestled in a serene environment on 37 Yaldhurst Road, Sockburn, Christchurch, this 3-bedroom, 1-bathroom residential dwelling is a gem on a cross-lease section. Constructed in 1950 with wood walls and an iron roof, it maintains an average condition, both inside and out. The property, with a floor area of 99 square meters, includes a heat pump for year-round comfort and a detached single lock-up garage with additional parking, complemented by a low maintenance garden. The government's capital value has seen a significant increase from $360,000 in 2019 to $510,000 in 2022, reflecting a growth rate of 41.67%. The HouGarden AVM estimates the property's worth at $475,000, making it an attractive opportunity for investors and homebuyers alike.

With a CV increase that outpaces the market average, this property's value is on the rise. Its strategic location, opposite Villa Maria College and within walking distance to a multitude of schools, including Avonhead School with a decile rating of 7, and St Thomas of Canterbury College with a decile rating of 8, adds to its allure. Other nearby schools like Riccarton School and Riccarton High School further enhance the educational options in this desirable school zone.

Set in a prime location, this property is not just a home but a smart investment. Its accessibility to local amenities, shopping centers, and public transport routes makes it a convenient choice for families. Whether you're looking for a comfortable residence or a promising investment, this property on a quiet cul-de-sac has both location and potential.

Updated on May 10, 2024