31a Pennington Street, Leeston, Selwyn

This three-bedroom standalone modern home is located at 31a Pennington Street, Leeston, Selwyn, offering a prime residential dwelling on a 529m2 Freehold title. The property, built in 2007, features brick walls in good condition, an iron roof also in good condition, and a level property contour. With a floor area of 114m2, it includes not only three spacious bedrooms but also a large kitchen, a dining area that adjoins the living area opening out to a sun-drenched patio, a centrally located bathroom, a separate laundry, and a double garage. The house is well-equipped with a heat pump, ensuring a warm environment throughout.

The property's capital value has remained stable at $550,000 as of September 2021, with no increase from its previous valuation in July 2021. However, the latest sale on January 27, 2024, was at $572,000, indicating a positive market response. The HouGarden AVM estimates the property's value at $530,000. This home has experienced a significant capital value increase from its sale at $397,000 on February 7, 2018, to its current standing, showcasing its investment potential.

Located in a desirable school zone, the property offers access to high-decile schools including Villa Maria College (Decile 9), Ellesmere College (Decile 8), Leeston School (Decile 8), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Years 11 - 13) (Decile 9), Aidanfield Christian School (Decile 8), and Christchurch Adventist School (Decile 5). These educational institutions provide excellent learning environments for children of various age groups.

Updated on April 06, 2024.