About This Property

Discover what makes this home special

The Grasmere is a charming detached family home located in the desirable area of Houghton le Spring. This well-proportioned property offers three bedrooms, including a spacious master with en-suite, and a modern family bathroom. The ground floor features a welcoming living room, a practical kitchen/dining space with direct access to the rear garden, and a convenient WC. The integrated garage adds valuable storage and parking options. The property is ideal for families or professionals seeking a peaceful yet well-connected lifestyle within reach of Newcastle and Durham.

Property Features

This property boasts a detached layout with a private garage and good-sized rear garden facing south-east, ensuring pleasant natural light throughout the day. The en-suite master bedroom adds a touch of luxury and convenience, while the kitchen/dining room provides a functional space for family meals and entertaining. Additional features include a downstairs WC and multiple storage cupboards, enhancing everyday practicality.

DetachedGarageEn-suiteKitchen/Dining roomRear gardenWC+1

Local Amenities

Situated in a well-established community, The Grasmere benefits from proximity to essential amenities including reputable schools, local shops, and supermarkets. Herrington Country Park offers extensive green space for outdoor activities, while the nearby train station provides convenient links to Newcastle and Durham. Healthcare and other services are readily accessible, making this location ideal for families and commuters alike.

Local shopsHoughton-le-Spring train stationSchools including St Michael's RC Primary and St Robert of Newminster Catholic SchoolParks such as Herrington Country ParkSupermarketsHealthcare facilities
Houghton-le-Spring Train Station (1.5 miles, 5 mins drive) • 25 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£245,995
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£245,995
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

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Affordable price point
Good access to Newcastle and Durham
Limited international transport connections

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£245,995
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 £1,312/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£286,285
+£40,290 projected gain
5-Year Rent Forecast
£1,919/mo
Based on 7.9% annual growth
Price per Sq Ft£241
Annual Rent Income£15,744
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£286,285
5yr
£333,173
10yr
£387,742
15yr
£451,247
20yr
£525,154
25yr
Current: £245,995

Monthly Rental Income

Based on 7.9% annual growth
£1,919
5yr
£2,806
10yr
£4,104
15yr
£6,003
20yr
£8,780
25yr
Current: £1,312/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 Station
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 Excellent
Afternoon Moderate
Evening Low
Kitchen/Dining room
Morning Moderate
Afternoon Good
Evening Good
Master Bedroom
Morning Good
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial/Residential+Positive Impact
Houghton Regeneration Project
0.8 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£245,995
AvailableNB0000044035
View Location Analytics

The Grasmere

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
1,020
Est. Sq ft
detached
Type
Available Plot Numbers
543
1 plot(s) available
Ownershipfreehold

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£245,995The Grasmere

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The Grasmere
The GrasmereHoughton le Spring£245,995

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