4/14 Gresford Street, Edgeware, Christchurch

Nestled in the serene Edgeware, this recently redecorated and refurbished two-bedroom unit with one bathroom and a single car park is a gem for first-time buyers, young professionals, and savvy investors. Constructed in 1960 with concrete walls and an iron roof, both in good condition, this residential property sits on a level contour and boasts a heat pump for comfort. It's located at 4/14 Gresford Street, within a quiet cul-de-sac, and holds a Cross-Lease title. The property has seen a significant Capital Value (CV) increase from $230,000 in August 2019 to $390,000 in August 2022, a rise of approximately 69.6%. The latest sale was for $380,000 in July 2024, following a previous sale in June 2016 for $230,000. HouGarden AVM estimates the property's value at $382,500.

For families with school-aged children, the property falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Shirley School (Decile 3), among others, offering a range of educational options.

Updated on August 14, 2024