118 Renall Street, Masterton, Wellington

This solid, permanent material home is set in a popular and well connected location, within easy reach of Westside schooling and rail transport and offers opportunity for first home buyers, developers and investors with a price guide of mid $400,000.

Inside, the dwelling offers a light-filled kitchen and dining area, flowing through to an adjacent sunny lounge. Accommodation includes two double bedrooms, both with built in wardrobes and a tidy bathroom with a shower over the bath.

Character charm is evident throughout, highlighted by timber floors and inviting front and rear porches, complemented by upgraded wiring. A wood burner and heat pump provide efficient heating, and the home meets Healthy Homes requirements. Currently tenanted, the property offers immediate income with a tenant who is keen to stay on.

Outdoors, the expansive grounds are fenced with mature trees and plantings and are supported by a garden shed and woodshed. With its well-regarded location, large section and underlying potential, this property presents a compelling opportunity for investors, particularly those considering subdivision or development.