Estimate $877k – $1.11m
4
22 Nottinghill Drive, Springlands
Title boundary · 775 m² · LINZ
Unclaimed
1 Spring Haven Place, Springlands
Also 15 Magnolia DriveBlenheim · Marlborough District
Last sold Jun 2017
Rent estimate · 16 Oct 2026
$660 – $870/week
Most likely about $755 a week · Little evidence: a rough guide
Estimated rental yield
4.0%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $755 × 52 weeks = $39,260, against the council valuation of $990,000. 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 |
|---|---|---|
| From its value what rentals in the area typically yield | $757 | 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.
These are computer-generated guides only, not a rental appraisal.
My notes
Sign in to keep private notes on this property and record what you think it is worth.
Thinking of buying?Free pre-purchase running cost report Mortgage repayments, this year’s council rates, and estimates for insurance, electricity, gas and internet at this address — saved to your watchlist.
Sign in for the free reportHome 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.
Home loan
Every rate from 36 lenders →What it would cost to buy 1 Spring Haven Place
Estimated repayments
$1,849
$792,000 at 4.49% 1 year fixed with China Construction Bank, over 30 years Loan length
1 year fixed today · 17 lenders
Lowest4.49%
CCB · special
CCB · specialAverage5.03%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $191 less a fortnight — about $4,970 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,849/fn
ICBC4.65%s$1,884/fn
Bank of China4.68%s$1,891/fn
AIA New Zealand4.99%$1,959/fn
ANZ Bank New Zealand4.99%s$1,959/fn
ASB Bank4.99%$1,959/fn
Bank of Baroda4.99%$1,959/fn
Police Credit Union4.99%$1,959/fn
Unity Credit Union4.99%s$1,959/fn
Kiwibank5.15%s$1,995/fn
Bank of New Zealand5.19%$2,004/fn
SBS Bank5.19%s$2,004/fn
The Co-operative Bank5.19%s$2,004/fn
TSB Bank5.19%s$2,004/fn
Westpac New Zealand5.19%s$2,004/fn
First Credit Union5.29%s$2,027/fn- Kookmin Bank Auckland Branch5.35%$2,040/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 1 Spring Haven Place. Free for you — lenders pay brokers — and nobody sees your name until you choose one.
Principal and interest at the lowest advertised card rate, held for the whole loan — no New Zealand rate is. A guide, not a lending offer or financial advice. How much could you borrow? · Mortgage calculator
Investor insights
1 Spring Haven Place as a rental
Rent estimate$755/wk$660–$870 · Little evidence
Gross yield4.0%$39,260 a year on $990k
Net yield3.3%After $6,946 of costs
Cash flow−$49/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $39,260 |
|---|---|
| Empty between tenants 2 weeks | −$1,510 |
| Property management 9.2% incl. GST | −$3,473 |
| Maintenance 5% of rent | −$1,963 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $32,314 |
| Interest $693,000 at 5.03%, interest only | −$34,858 |
| Cash flow before tax | −$2,544 |
The rent covers the interest at rates up to 4.66%. That is -0.9% a year on a $297k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area260 m²
- Decade built2000s
- Bedrooms4
- Bathrooms2
- Parking3 car spaces
- Property categoryUse not published
- CouncilMarlborough District
- Valuation #20490-5769
- Valuation date1 Jul 2023
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 number73788
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 31 Deposited Plan 318829, 776 m2
- Legal descriptionLot 31 Deposited Plan 318829
- Land area775 m²
- Title issued13 Jun 2003
- Land districtMarlborough
- Addresses on this property2
Instruments on this title1 registered instrumentEasement Instrument See the title summary →
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
Getting around
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
Building work the council has consented on this property, newest first. 1 consent on record.
- 1 Mar 2026Adds/Alts$10,000 declared
Install an inbuilt masport Rangitata sfh
Consent BC0078/26 · Marlborough District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 13 land use or subdivision consents within 250 m.
Within 250 m
- 17 Oct 2022245 mGranted
- 25 Jun 2021Subdivision
To subdivide Lot 1 DP 11724 and Lot 45 DP 318829 to create 14 residential allotments and road to vest.
210478.01 · Marlborough District66 mGranted - 25 Jun 2021Land use
To authorise residential development on Lots 1, 2, 11, 12, 13 and 14 created on 210478.01 no closer than 2 metresfrom the top of the bank of Fultons Creek.
210478.02 · Marlborough District53 mGranted - 25 Jun 2021Land use
To construct two stormwater outfalls in Fultons Creek adjacent to Lot 1 DP 11724.
210478.03 · Marlborough District72 mGranted - 25 Jun 2021Land use
To undertake earthworks associated with the construction of the subdivision, including construction of roading and accesses (rights of way and driveway for proposed Lot 1 created on U2104780.01), installation of services, excavation within 8 metres of a waterway and in a Groundwater Protection Area and soil disturbance, sampling and remediation works associated with contaminated soils on Lot 1 DP 11724.
210478.04 · Marlborough District83 mGranted - 6 Nov 2020Land use
To construct a dwelling house within 8 metres of Fulton Creek on proposed Lot 1 (LT 545365) subdivision of Lot 2 DP 496370.
200986.02 · Marlborough District123 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
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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.
We do not hold flood maps for Marlborough District yet.
Contaminated land
Councils keep registers of land used for activities on the Hazardous Activities and Industries List (HAIL) — service stations, timber treatment, orchards, landfills. A listing records how land was used, not that it is contaminated: most sites have never been tested.
Marlborough District Council does not publish its register. Its property file and the LIM hold HAIL records; ask its HAIL enquiry team.
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 Springlands
Marlborough District
2,172
Properties on the rating roll
1 Jul 2023
Last council revaluation
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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Agents active in Springlands
People whose office is within 5 km of Springlands, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Norman BlakistonBranch Manager
Stephen CrockettSalesperson
McGregor LyonsSalesperson
Kenneth McLeodSalesperson
Naomi AllcuttSalesperson
Julie AmbroseSalesperson
Jake ArnesenSalesperson
Alan AtkinsAgent
Michael BuysSalesperson
Tracey CharlettBranch Manager
Wade CorneliusBranch Manager
Arron CoxSalesperson
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