- 3
- 1
- 100m²
- 806 m²
- House
First Home Buyer or Investment Opportunity
Nestled in the peaceful rural township of Sheffield, just a short 10-minute drive from Darfield, this inviting property presents an excellent opportunity for first home buyers, investors, or growing families seeking an affordable lifestyle option.
The home is a warm and well-maintained three-bedroom residence, offering comfortable and practical living. At its heart is a tidy kitchen complete with a pantry cupboard, flowing effortlessly into a light-filled open-plan living area that creates a welcoming sense of space. Two generously sized double bedrooms, along with a spacious single bedroom, provide flexible accommodation for families of all stages.
The thoughtfully designed family bathroom features dual access, including a convenient connection to the master bedroom via a walk-through wardrobe, while a separate toilet and dedicated laundry enhance everyday functionality for busy households.
Year-round comfort is assured with a log burner, supported by insulation and a heat transfer system to all three bedrooms, ensuring warmth throughout the colder months.
Outdoor living is a highlight, with seamless indoor-outdoor flow from the living area to a sheltered deck, perfect for relaxing or entertaining. There is also excellent scope to further enhance and expand this space to suit your lifestyle with room for a trampoline and/or vegetable gardens. The property is serviced by town water and a modern septic system, which will be fully serviced prior to settlement for added peace of mind.
Adding further value, the solid two-bay garage has been thoughtfully converted into a versatile hobby room or office space, complemented by an additional workshop/woodshed. The tidy gravel driveway provides ample off-street parking.
Sheffield Primary School is just a short walk or bike ride away, while Darfield Intermediate and High School are easily accessible by bus, with a nearby pick-up point ensuring convenient transport options. Just a few doors down, Sheffield Domain offers a public playground, sports fields, tennis courts, and a small bike track, providing hours of entertainment right at your doorstep.
Opportunities like this are increasingly sought after in desirable rural settings, making this an appealing and accessible option for those looking to secure their place in the Sheffield community.
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $565 × 52 weeks = $29,380, against the council valuation of $550,000. 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 | $564 | 100% |
We read this property as a house. 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.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
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.
What it would cost to buy 89A West Coast Road
CCB · special
KookminThe lowest rather than the highest is $106 less a fortnight — about $2,761 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,027/fn
ICBC4.65%s$1,047/fn
Bank of China4.68%s$1,050/fn
AIA New Zealand4.99%$1,088/fn
ANZ Bank New Zealand4.99%s$1,088/fn
ASB Bank4.99%$1,088/fn
Bank of Baroda4.99%$1,088/fn
Police Credit Union4.99%$1,088/fn
SBS Bank4.99%s$1,088/fn
TSB Bank4.99%s$1,088/fn
Unity Credit Union4.99%s$1,088/fn
Kiwibank5.15%s$1,108/fn
Bank of New Zealand5.19%$1,113/fn
The Co-operative Bank5.19%s$1,113/fn
Westpac New Zealand5.19%s$1,113/fn
First Credit Union5.29%s$1,126/fn- Kookmin Bank Auckland Branch5.35%$1,133/fn
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
89A West Coast Road as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.01% is today’s 1-year average | ||
| Rent a week our estimate $565 | ||
| Property manager | ||
| Rent, 52 weeks | $29,380 | |
| 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 | $24,182 | |
| Interest $385,000 at 5.01%, interest only | −$19,289 | |
| Cash flow before tax | +$4,894 | |
| Cash flow a week | +$94 | |
| Gross / net yield on the price | 5.3% / 4.4% | |
| Return on equity cash flow on the deposit, before tax | 3.0% | |
| Loses money above this interest rate, before tax | 6.28% | |
The rent covers the interest at rates up to 6.28%. That is 3.0% a year on a $165k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area107 m²
- Land area806 m²
- Property categoryRD200B
- Zoning (valuer’s record)9D
- CouncilSelwyn District
- Valuation #24210-12601
- 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 number346516
- Title typeFreeholdGuaranteedStandard registered title
- Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 382622, 806 m2
- Legal descriptionLot 1 Deposited Plan 382622
- Title issued6 Aug 2007
- Land districtCanterbury
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
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.
We do not hold flood maps for Selwyn District yet.
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 Sheffield
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.
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.