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Unclaimed

15 Gladys Place, Levin

Horowhenua District

Offers Over $835,000

  • 3
  • 2
  • 2
  • 178m²
  • 1,151 m²
  • House
  • 1 Family room
  • Ensuite
  • 2 Garage

Style, Space and Something Special

There is something special about a home that feels right the moment you walk through the door. Stylish, spacious and beautifully presented, this impressive brick home delivers modern family living with a touch of luxury.

Set amongst other quality homes in a desirable neighbourhood, the generous 178m2 floor plan offers three bedrooms, a dedicated office and wonderful open plan living, all finished in a timeless neutral palette.

The kitchen is an absolute showstopper. Beautiful stone benchtops, a statement centre island, gas hob cooking and a huge walk-in pantry combine style with functionality, while an abundance of storage throughout the home ensures everything has its place.

Designed with entertaining and everyday living in mind, the open plan kitchen, dining and living area flows seamlessly through to the fabulous covered rear deck. This is a space made for long summer evenings, relaxed weekend lunches and entertaining family and friends while overlooking the wonderful backyard.

And what a backyard it is. Set on an impressive 1151m2 section, there is an abundance of space to kick a ball and simply enjoy being outdoors.

The master suite provides a peaceful retreat, complete with a walk-in robe, ensuite and its own access to the covered deck. Two further bedrooms are complemented by a beautifully appointed family bathroom with tiled flooring, bath and separate shower.

A dedicated office makes working from home easy, while the internal access garage adds further convenience to this superbly designed home.

Zoned for Horowhenua College and combining quality, style and exceptional family living, this is more than simply a beautiful house. This is a home you will be proud to call your own.

Open homes 1

Sun, 8 Nov11:00 am – 11:30 am
.ics
OwnBetter estimate
$779k
Medium confidence

We estimate it would sell for $779,000 as at 5 October 2026, in a range of $666,000 to $886,000.

Typical home in Levin
$477k
The median of our estimates of its 7,990 homes
How we worked this out
Council valuation, Aug 2025$790,000
Market movement in Horowhenua District since the council valuation−3.6%
How Levin sells against council values−0.3%
Homes of this age in Levin+1.2%
Homes in this price range+0.4%
Land as a share of the value+0.7%
Nearby recent sales (15)+0.3%
Our estimate$779,000

We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.

My notes
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What it costs to live here

Home expense estimates

—a month, all in

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.

Investor insights

15 Gladys Place as a rental

Rent estimate$670/wk$580–$770 · Little evidence
Gross yield4.5%$34,840 a year on $779k
Net yield3.7%After $6,164 of costs
Cash flow−$78/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $670
Property manager
Rent, 52 weeks$34,840
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Net income before interest$28,676
Interest $545,300 at 6.00%, interest only−$32,718
Cash flow before tax−$4,042
Cash flow a week−$78
Gross / net yield on the price4.5% / 3.7%
Return on equity cash flow on the deposit, before tax−1.7%
Loses money above this interest rate, before tax5.26%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.26%. That is -1.7% a year on a $234k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area178 m²
  • Land area1,151 m²
  • Decade built2010s
  • Bedrooms4
  • Bathrooms2
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilHorowhenua District
  • Valuation #15000-9339
  • Valuation date1 Aug 2025

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 number372321
  • Title typeFreehold
  • Legal descriptionLot 14 Deposited Plan 392908
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

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Building consents

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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.

Reading the council's maps…

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About Levin

Horowhenua District
9,823
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand

12 people looked at properties in Levin this week.

Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.

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