Nestled on a 506m2 RMD land section at 26 Hargest Crescent, Sydenham, Christchurch, this 1926-built residential dwelling offers immense potential. It boasts 3 bedrooms, 1 bathroom, and a single carpark, with an open plan living/kitchen area and a separate laundry that cry out for some tender loving care. The Iron roof and Wood exterior walls are in a poor condition, making this property a prime candidate for renovation. It's a Freehold property with a current Capital Value (CV) of $465,000, a significant increase of 50% from $310,000 in 2019. The HouGarden AVM estimates the property's value at $455,000. This home, with its level contour and a massive studio at the back, is perfect for those looking to add value or bring it back to its former glory.
History shows a promising trend in the property's value growth, and it's located in a sought-after school zone. The Middleton Grange School (Years 11 - 13), a Composite school with a decile rating of 9, is one of the many esteemed educational institutions in the area. Others include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (Secondary, decile 6), Marian College (Secondary, decile 8), Te Aratai College (Year 7&8, decile 3), and Waltham School (Full Primary, decile 3).
With the right vision and effort, this property could be transformed into a beautiful home, especially appealing due to its proximity to the city and the reputable school network. Don't miss the opportunity to snap up this property and unlock its full potential.
Updated on August 27, 2024