425 Armagh Street, Linwood, Christchurch

Located at 425 Armagh Street, Linwood, Christchurch, this charming residential unit is a testament to the classic architecture of the 1940s. With a floor area of 100 square meters, this cross-lease property features two bedrooms, one bathroom, and a single carpark. The property stands on a level contour with brick walls and tile roofing, both in average condition. The home is highlighted by its spacious lounge with a floor-mounted heat pump, a sunroom that can double as a study or office, and polished wooden floors in the dining/living area. The bathroom, updated in 2023, includes a shower and is combined with the laundry. A fully fenced established garden and a single detached garage complete the offering.

From a financial perspective, the capital value of the property has seen a significant increase, from $245,000 in August 2019 to $385,000 in August 2022, marking a 57.14% growth. The latest HouGarden AVM estimates the property's value at $377,500. The property last changed hands in January 2012 for $219,950. This unit, with its potential for further modernization, represents an excellent opportunity for buyers looking to add their personal touch.

The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Marian College both with a decile rating of 8, and several others catering to a range of educational needs. Its location offers a short commute to the central city, making it an attractive option for families and professionals alike.

Updated on March 21, 2024.