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Unclaimed

5 Upton Lane, Richmond

Tasman District

Buyer Enquiry Over $845,000

  • 3
  • 2
  • 2
  • 161m²
  • 437 m²
  • House
  • Ensuite
  • 2 Garage

More time for Living!

If your weekends are for living rather than maintaining a house and garden, this one makes a whole lot of sense.

Modern, sunny and refreshingly easy, this home delivers the comfort of a near-new home without asking much of you in return.

Built in 2022, the layout has been cleverly designed around everyday life. The open-plan kitchen, dining and family area is the natural hub of the home, opening straight out to a sun-drenched deck; throw open the doors, fire up the barbecue and you’re sorted.

And when everyone needs a little space? There’s a separate lounge. Settle in for movie night, sit in the corner with a book, or enjoy having that second living area when family and friends are around.

The three double bedrooms include a well-appointed master with a walk-in wardrobe and ensuite, while the family bathroom takes care of the rest. Good storage, a heat pump and the balance of the Master Build Guarantee add to the practical side of the equation.

Outside, the easy-care section keeps life simple. Enough outdoor space to enjoy, without having to sacrifice half your weekend looking after it.

There’s nothing complicated here. No renovation list. No big garden demanding attention. Just a warm, modern home with great living spaces, sunshine where you want it and plenty of time left over to enjoy everything else.

Move in. Put your feet up. Get on with living.

This location has you within walking distance of a range of amenities, including a play centre, cafes and restaurants, silky otter and more.

Call Tracey or Megan to arrange your private inspection.

Open homes 1

Sun, 15 Nov2:00 pm – 2:30 pm
.ics

Added to OwnBetter 26 Oct 2026

OwnBetter estimate
$834k
Medium confidence

We estimate it would sell for $834,000 as at 5 October 2026, in a range of $748,000 to $949,000.

Typical home in Richmond
$792k
The median of our estimates of its 6,194 homes
How we worked this out
Council valuation, Sept 2023$830,000
Market movement in Tasman District since the council valuation+2.0%
Homes of this age in Richmond+0.4%
Homes in this price range−0.2%
Land as a share of the value−0.3%
Nearby recent sales (15)−0.3%
Its own sale in 2022−1.2%
Our estimate$834,000

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 and its own last sale 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

5 Upton Lane as a rental

Rent estimate$695/wk$600–$800 · Little evidence
Gross yield4.3%$36,140 a year on $834k
Net yield3.6%After $6,394 of costs
Cash flow−$102/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $695
Property manager
Rent, 52 weeks$36,140
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$29,746
Interest $583,800 at 6.00%, interest only−$35,028
Cash flow before tax−$5,282
Cash flow a week−$102
Gross / net yield on the price4.3% / 3.6%
Return on equity cash flow on the deposit, before tax−2.1%
Loses money above this interest rate, before tax5.10%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.10%. That is -2.1% a year on a $250k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area161 m²
  • Land area437 m²
  • Decade built2020s
  • Bedrooms3
  • Bathrooms2
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilTasman District
  • Valuation #19570-15665
  • Council Property ReportView the council’s report
  • Valuation date1 Sep 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 number997665
  • Title typeFreehold
  • Legal descriptionLot 191 Deposited Plan 560621
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

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.

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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…

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 Richmond

Tasman District
7,369
Properties on the rating roll
10 Jun 2026
Last council revaluation

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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