About This Property

Discover what makes this home special

The Grasmere is a charming detached home located in the desirable Houghton le Spring area, offering a perfect blend of modern living and community convenience. Priced at £229,995, this property features three well-sized bedrooms including a master with en-suite, and two bathrooms, ideal for families or professionals seeking comfortable space. The ground floor boasts a spacious living room, a kitchen/dining area with access to the rear garden, and a convenient WC, making it perfect for both everyday living and entertaining.

Situated within the Herrington Grange development, Plot 409 benefits from a private garage and a south-east facing garden that enjoys good sunlight throughout the day. The location offers a peaceful suburban setting while maintaining easy access to local amenities and transport links. This property is well-suited for buyers looking for a family home with excellent potential for growth and rental yield.

Property Features

This detached home boasts a private garage, an en-suite master bedroom, and a spacious kitchen/dining room with French doors opening to the garden. The south-east facing garden ensures pleasant morning and afternoon sunlight, enhancing the living experience. Additional features include a convenient ground floor WC and ample storage space, making this property both functional and comfortable for modern family living.

DetachedGarageEn-suiteKitchen/Dining RoomSouth-East GardenWC+2

Local Amenities

The property is located close to reputable schools such as Houghton le Spring Primary School and St Michael's Academy, catering well to families. Herrington Country Park offers extensive green space for recreation, while the nearby Houghton Leisure Centre provides fitness and community activities. Tesco Superstore and various local shops ensure daily convenience. Transport connections are supported by Houghton-le-Spring Train Station and multiple bus routes, facilitating easy travel to Newcastle and Durham.

Houghton le Spring Primary SchoolSt Michael's AcademyHoughton Leisure CentreHerrington Country ParkTesco SuperstoreHoughton-le-Spring Train Station+1
Houghton-le-Spring Train Station (1.5 miles, 6 mins drive) • 25 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£229,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£229,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£229,995
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.4%
Based on £1,227/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£267,664
+£37,669 projected gain
5-Year Rent Forecast
£1,795/mo
Based on 7.9% annual growth
Price per Sq Ft£223
Annual Rent Income£14,724
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£267,664
5yr
£311,503
10yr
£362,522
15yr
£421,897
20yr
£490,997
25yr
Current: £229,995

Monthly Rental Income

Based on 7.9% annual growth
£1,795
5yr
£2,625
10yr
£3,839
15yr
£5,614
20yr
£8,211
25yr
Current: £1,227/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Newcastle Central
25 mins
20 mins
Durham
15 mins
15 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Moderate
Afternoon Low
Evening Low
Kitchen/Dining Room
Morning Good
Afternoon Excellent
Evening Moderate
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
48
Transit Score
Some Transit
42
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use+Positive Impact
Houghton Regeneration Project
0.7 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£229,995
AvailableNB0000044033
View Location Analytics

The Grasmere

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
1,030
Est. Sq ft
detached
Type
Available Plot Numbers
409
1 plot(s) available
Ownershipfreehold

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£229,995The Grasmere

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The Grasmere
The GrasmereHoughton le Spring£229,995

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