2/127 Reynolds Avenue, Bishopdale, Christchurch

Nestled at the end of a serene cul-de-sac, this 1985-built brick townhouse, with a roof tastefully clad in tiles, offers a generous floor area of 130sqm. It boasts a cross-lease title, 3 bedrooms, and a convenient carpark. The property presents a solid structure with good condition walls and roof, perfect for those seeking a blend of comfort and potential. The capital value has seen a significant increase of 44%, from $375,000 in 2019 to the current $540,000, reflecting a promising investment opportunity. The latest sale in 2020 was at $405,000, while HouGarden's AVM estimates it at $495,000, hinting at a property that's both a home and a wise investment.

Educationally, the property falls within a desirable zone, with a variety of schools catering to different needs and deciles. Bishopdale School stands at a decile 3, while the nearby Christ the King School and St Patrick's School are at deciles 8 and 10 respectively. For secondary education, the esteemed Villa Maria College and Middleton Grange School are both at decile 9, offering a high standard of education.

With a location that's hard to beat and a property that's ripe for adding value, this townhouse is an absolute gem for those looking to enter the property market or add to their investment portfolio.

Updated on December 11, 2024