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1482 Springs Road

Lincoln Canterbury

5
2
2
180 m²
548 m²
House
Currently for sale - view listing

Overview

Strong Rental Appeal Near Lincoln Uni

Copy and paste this URL into your browser to download Property Files: https://www.propertyfiles.co.nz/1482SpringsRoad The instructions are clear, our vendors say sell. Freshly renovated and ready to go, this property presents a compelling opportunity for investors looking to secure a well-positioned property close to Lincoln University. Offering generous accommodation, flexible living spaces, and an easy-care setup, it's well suited to a range of rental strategies. Rental appraisals range from $720-$770 per week for the standard market, or $1,100-$1,200 per week for the student market. This equates to an estimated gross yield of approximately 4.8%-5.1% and 7.3%-8.0% respectively, based on the asking price of $779,000. • Configured as five bedrooms, with the flexibility of a sixth to maximise accommodation capacity • Two bathrooms helping comfortably accommodate multiple occupants • Open-plan kitchen and dining, complemented by a separate living room for greater flexibility • Separate laundry keeping shared living practical and organised • Plenty of off-street parking providing space for multiple vehicles Lincoln University is just minutes away, while supermarkets, cafés, schooling, and everyday amenities are all close by. Christchurch also remains within easy reach at around 30 minutes away. The combination of the property's generous accommodation, flexible layout, and proximity to the university creates a compelling opportunity for investors looking to maximise rental potential. If you're looking to strengthen your investment portfolio, this is an opportunity worth exploring. Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same.*

Features

5 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
180 m² floor area
548 m² lot size
House

Happy sellers in Lincoln

78%
78% of sellers in Lincoln reported that their sale price either exceeded or met their price expectations.

Lincoln stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 160 reviews in Lincoln over the last 12 months.

Local market activity for 5 bedroom houses in Lincoln

In the last 12 months, 10 five-bedroom houses similar to 1482 Springs Road, have been sold.

This represents a 125% decrease in five-bedroom houses sales when compared to the previous 12 months.

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