
2 Euston Road, Sandringham
Auckland · Auckland
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $970 × 52 weeks = $50,440, against our estimate of $1,620,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.
How we worked this out
| Evidence | Points to | Counted |
|---|---|---|
| 1 rental advertised nearby each adjusted to this property’s bedrooms and value | $1,125 | 0% |
| From its value what rentals in the area typically yield | $968 | 100% |
We read this property as a house with 4 bedrooms. Rentals advertised nearby count most when they are close, recent and alike; the more of them there are, the less the area’s bond figures count. Bond figures are rents agreed in new tenancies, from Tenancy Services, placed within the area by how this property’s council valuation compares with similar homes there.
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 9A/8 Bankside Streetrealestate.co.nz ↗ | 1 | $400 | $1,125 | Oct 2026 | 5.9 km |
These are computer-generated guides only, not a rental appraisal.
Sign in to keep private notes on this property and record what you think it is worth.
Home expense estimates
Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.
2 Euston Road as a rental
| Rent, 52 weeks | $50,440 |
|---|---|
| Empty between tenants 2 weeks | −$1,940 |
| Property management 9.2% incl. GST | −$4,462 |
| Maintenance 5% of rent | −$2,522 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $41,516 |
| Interest $1,137,500 at 6.00%, interest only | −$68,250 |
| Cash flow before tax | −$26,734 |
The rent covers the interest at rates up to 3.65%. That is -5.5% a year on a $488k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area171 m²
- Decade built1920s
- Bedrooms4
- Bathrooms2
- Parking1 car space
- Property categoryUse not published
- CouncilAuckland
- Valuation #02170-00000043100
- Valuation date1 May 2024
From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.
Title and land
Order a title record- Title numberNA496/207
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 22372, 516 m2
- Land area519 m²
- Title issued4 Jul 1929
- Land districtNorth Auckland
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
Listings
Selling this property, or the agent for it? Import the listing from your agency's site or a portal and it appears here, free: photos, price, open homes and your details, beside the council record buyers are already reading.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 21 land use or subdivision consents within 250 m.
Within 250 m
- 26 Aug 2024196 mGranted
- 15 Feb 2024Land use
DEMOLISH EXISTING HOSE REBUILD NEW HOUSE IN OVERLAND FLOOD PLAIN. UPDATE THE CROSS LEASE WHEN BUILDING COMPLETE.
LUC60428986 · Auckland196 mGranted - 29 Sep 2023Land use
Flood relief, lifting existing dwelling 700mm to meet 1 in 100 flood rule of 500mm free board clearance. Removal of existing concret e subfloor structure and concrete front porch, replacement with permeable wooden structures piles and vertical wooden weatherboards with gaps .
LUC60423859 · Auckland193 mGranted - 7 Mar 2023Land use
RESPONSE TEAM. This submission refers to the lifting of the lower part of the dwelling to match the higher part of the house, that is RL 38.4. The area of the house being lifted is between Grids 1 to 3 and is noted on Drawing A2 dash 1 (attached). This part lif t is to prevent flood water entering the property again.
LUC60416155 · Auckland168 mGranted - 9 Jan 2023Subdivision
To construct one row of 3 storey terraced houses, a total of five units with internal parking. These five units will be served by a new vehicle crossing and shared driveways. The development will subsequently subdivide into 5 fee simple lots with JOAL arrangement.
SUB60414306 · Auckland88 mGranted - 9 Jan 2023Land use
To construct one row of 3 storey terraced houses, a total of five units with internal parking. These five units will be served by a new vehicle crossing and shared driveways. The development will subsequently subdivide into 5 fee simple lots with JOAL arrangement.
LUC60414305 · Auckland88 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
Zoning and hazards
What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.
The hazard maps could not be read just now.
What could you build here?
See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.
About Sandringham
13 people looked at properties in Sandringham this week.
Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.
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