Estimate $538k – $682k
3
4 Mount Vernon Place, Washington Valley
2 title boundaries · 2,048 m² · LINZ
Unclaimed
11A Westerham Place, Washington Valley
Also 11B Westerham PlaceNelson · Nelson City
Last sold Apr 2023
Rent estimate · 17 Oct 2026
$510 – $680/week
Most likely about $595 a week · Little evidence: a rough guide
Estimated rental yield
5.1%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $595 × 52 weeks = $30,940, against the council valuation of $610,000. 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 | $519 | 1% |
| From its value what rentals in the area typically yield | $594 | 100% |
We read this property as a home with 2 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.
Rentals it leaned on
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 5A Rainier Streetrealestate.co.nz ↗ | 1 | $500 | $519 | Oct 2026 | 6.1 km |
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 11A Westerham Place
Estimated repayments
$1,139
$488,000 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 $118 less a fortnight — about $3,062 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,139/fn
ICBC4.65%s$1,161/fn
Bank of China4.68%s$1,165/fn
AIA New Zealand4.99%$1,207/fn
ANZ Bank New Zealand4.99%s$1,207/fn
ASB Bank4.99%$1,207/fn
Bank of Baroda4.99%$1,207/fn
Police Credit Union4.99%$1,207/fn
Unity Credit Union4.99%s$1,207/fn
Kiwibank5.15%s$1,229/fn
Bank of New Zealand5.19%$1,235/fn
SBS Bank5.19%s$1,235/fn
The Co-operative Bank5.19%s$1,235/fn
TSB Bank5.19%s$1,235/fn
Westpac New Zealand5.19%s$1,235/fn
First Credit Union5.29%s$1,249/fn- Kookmin Bank Auckland Branch5.35%$1,257/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 11A Westerham 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
11A Westerham Place as a rental
Rent estimate$595/wk$510–$680 · Little evidence
Gross yield5.1%$30,940 a year on $610k
Net yield4.2%After $5,474 of costs
Cash flow+$77/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $30,940 |
|---|---|
| Empty between tenants 2 weeks | −$1,190 |
| Property management 9.2% incl. GST | −$2,737 |
| Maintenance 5% of rent | −$1,547 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $25,466 |
| Interest $427,000 at 5.03%, interest only | −$21,478 |
| Cash flow before tax | +$3,988 |
The rent covers the interest at rates up to 5.96%. That is 2.2% a year on a $183k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area200 m²
- Decade built1980s
- Bedrooms2
- Bathrooms1
- Parking2 car spaces
- Property categoryUse not published
- CouncilNelson City
- Valuation #19730-26600-A
- Valuation date1 Sep 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 numbersNL7A/621, NL7A/619
- Title typeFreehold, plus a leasehold title
- Estate descriptionFee Simple, 1/2, Lot 5 Deposited Plan 10227, 1,026 m2
- Legal descriptionFlat 1 Deposited Plan 11769; Lot 5 Deposited Plan 10227
- Shared land1/2 share of 1,026 m² common lot · held with 2 other places
- Title issued31 May 1984
- Land districtNelson
- Addresses on this property2
Instruments on these titles3 registered instrumentsLease ×2 · Mortgage 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
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 · 5 land use or subdivision consents within 250 m.
Within 250 m
- 12 May 2021163 mGranted
- 12 May 2021Land use
Land use consent to construct a single building consisting of two duplex apartments in relation to RM215133 (subdivision) which will breach minimum site area, front yards, decks and terraces, access, earthworks, and daylight recession angles on Lots 1 and 2 Advice Note: this decision should be read in conjunction with the associated subdivision decision RM215133 and the non-notification report
215134 · Nelson City163 mGranted - 19 Apr 2017Land use
To construct a retaining wall within the front yard which will be built over a wastewater pipe and breach the earthworks rule.
175124 · Nelson City135 mGranted - 20 Dec 2016Land use
To construct a new dwelling which does not comply with front yards rule and daylight admissions
165458 · Nelson City246 mGranted - 23 May 2016Land use
To create a second unit on site which will breach minimum site area and living courts
165150 · Nelson City216 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
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.
Free. Takes about a minute.
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.
What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.
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 Nelson City 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.
Nelson City Council records these on the LIM; it will say more about a listed site on request.
Ask Nelson City CouncilWhat 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 Washington Valley
Nelson City
765
Properties on the rating roll
1 Sep 2024
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.
Like Washington Valley?
Find your perfect home
Estimate $564k – $715k
4
50 Abraham Heights, Washington Valley
Estimate $504k – $639k
3
1 Chamboard Place, Washington Valley
Estimate $522k – $695k
3
36 Chamboard Place, Washington Valley
Finding a picture…
Estimate $574k – $727k
4
21 Chamboard Place, Washington Valley
Estimate $547k – $693k
3
98 Abraham Heights, Washington Valley
Estimate $590k – $785k
4
2/96D Quebec Road, Washington Valley
Estimate $571k – $724k
3
40 Chamboard Place, Washington Valley
Estimate $496k – $660k
3
7 Chamboard Place, Washington Valley
Estimate $479k – $637k
3
74 Abraham Heights, Washington Valley
Agents active in Washington Valley
People whose office is within 5 km of Washington Valley, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Independent
Manoli AerakisSalesperson
Independent
Boris BabicSalesperson
Independent
Dylan CampbellSalesperson
Independent
Katarina CampbellAgent
Independent
Susanne GuhlAgent
Independent
Helen RustonSalesperson
George BenbowSalesperson
Guillaume BoshoffSalesperson
Tanea CollierSalesperson
Bevan DixonSalesperson
Paul EmerySalesperson
Andrew FollowsSalesperson
Free for property owners
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.