2/25 Sherborne Street, Saint Albans, Christchurch

Nestled at 2/25 Sherborne Street, Saint Albans, Christchurch, this charming and surprisingly roomy two-bedroom home is a gem for both first-time buyers and investors. Constructed in 1976 with concrete walls and tiled roof, both in good condition, it sits on a level contour and boasts a floor area of 110 square meters. It's a cross-lease property with a single carpark and internal access garage, complete with a heat pump for year-round comfort. The interior has been freshly painted, offering a practical layout with a north-facing living area and an open-plan kitchen and dining room, while the upper level accommodates two double bedrooms with built-in robes and a main bathroom.

As for the property's financials, the capital value has seen a significant increase from $320,000 in August 2019 to $470,000 in August 2022, a growth of 46.875%. The HouGarden AVM estimates the property at $450,000, and the latest sale history includes transactions in 2013 for $261,000 and in 2012 for $220,000, indicating a steady appreciation over the years.

When it comes to education, the property falls within a highly sought-after school zone. It's close to Heaton Normal Intermediate and Middleton Grange School (Years 11-13), both decile 9, as well as Emmanuel Christian School (Year 1-10) and St Albans School, with deciles of 8. Other schools in the area include Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, catering to diverse educational needs.

Updated on October 23, 2024