21 Wyon Street, Linwood, Christchurch

Nestled at 21 Wyon Street, Linwood, Christchurch, this charming residential property boasts a Freehold title on a level plot of 716 sqm. Constructed in 1934 with wood walls and an iron roof, the dwelling maintains an average condition both inside and out. It features 3 bedrooms, 1 bathroom, an open plan living area with an updated kitchen, and a sun-drenched living space. The property also offers a deck for relaxation, off-street parking, and a fully fenced section. Notably, the property has a Capital Value (CV) of $490,000 as of August 2022, reflecting a significant increase of 48.5% from its $330,000 valuation in August 2019. The HouGarden AVM estimates the property at $455,000, while the latest sales were recorded at $510,000 in March 2021 and $397,000 in October 2020.

For investors, developers, or first-time buyers, this property presents a golden opportunity with consented plans for three townhouses at the back section. The location is further enhanced by its proximity to a range of schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and others, making it an ideal choice for families.

With a promising CV growth trajectory and a desirable school zone, 21 Wyon Street stands out as a lucrative prospect in the property market.

Updated on July 12, 2024