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House

14 Deyell Crescent Sydenham 8011, Christchurch City

Sold on 5 Dec 2014
  • 5 Beds
  • 2 Baths
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House in Sydenham

Golden investment! - motivated seller!

  • 5 Beds
  • 2 Baths

If there was a money tree this could be it! Simply sit back and harvest the return from this fantastic
investment property with a net rental yield of over 6%. The numbers more than stack up & with a
long term single family rental appraisal at $700 per week this is a solid investment opportunity. On
a fully occupied room by room basis the gross rent is $950/wk.

The opportunity to live upstairs while tenanting downstairs, rent all the rooms or simply live in it
yourself means great flexibility for any large family, investor or someone looking to positively gear
their mortgage.
The home itself features a sunny north facing position, 5 bedrooms (2 upstairs & 3 downstairs) an
open plan design and comes complete with a heat pump, 2 bathrooms, 2 separate toilets, with 2
additional off street and an easy care front lawn for little or no hassle.

There is opportunity to add value which will increase rental yield and future sale profits. An interior
upgrade or even as something as small as a new kitchen would be worth your while.

Make no mistake the owner has committed to sale and this home could be yours.
With everything literally at your Doorstep, 14 Deyell Crescent offers everything to anyone who enjoys being central. It is perfect for a family looking for an easycare lifestyle or the investor looking for longterm capital growth.

Currently rented and tenants happy to stay. No body corporate. Make your offer for this property
today.

Features:
  • Air Conditioning
  • Alarm System
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Garden
  • Polished Timber Floor
Building:

145m²

Land:

314m² / 0.08 acres

Bedrooms:

5

Bathrooms:

2

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