Nestled in a serene cul-de-sac at 542 Worcester Street, Linwood, Christchurch, this charming residential dwelling on a freehold title offers a delightful blend of classic charm and modern convenience. Constructed in 1940 with wood walls and tiled roof, both in good condition, the property features 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 92 square meters on a levelled 524 square meter plot. The capital value has seen a rapid increase of 46.77%, from $310,000 in August 2019 to $455,000 as of August 2022, echoing the property's investment potential. The HouGarden AVM estimates the property's worth at $442,500, while the latest sale history shows a transaction at $455,000 in June 2024, and a previous one at $158,000 in September 2004.
For families with school-aged children, the property falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9), Marian College (Decile 8), and others. This provides a range of educational options for different age groups. The property's convenient location and the potential for future redevelopment on RMD land make it an attractive prospect for both first-time homebuyers and investors.
With a sunroom, additional rooms above the garage, and both front and back gardens, this property presents a fantastic opportunity to create a personalized living space. It's a golden chance not to be missed, especially as the owner is relocating from Christchurch.
Updated on August 01, 2024