About This Property

Discover what makes this home special

The Presgate is a spacious detached family home located in the Peterlee area of County Durham, offering excellent value for money at £299,000. Set within a quiet residential neighborhood, this property boasts four well-proportioned bedrooms and three bathrooms, including two en-suites, ideal for modern family living. The ground floor features a generous living room, a well-equipped kitchen with dining space, a utility room, and a convenient guest WC, providing ample space for everyday living and entertaining.

Situated near the SR7 8FR postcode, the property benefits from proximity to local amenities including schools, parks, and shopping facilities, while maintaining a peaceful suburban atmosphere. Transport links are moderate, with the nearest train station in Horden approximately 2.3 miles away, connecting residents to larger urban centers such as Sunderland and Newcastle. Ongoing local development projects promise future growth and enhanced infrastructure, making this an attractive option for families and investors alike.

Property Features

This detached family home offers four bedrooms with two en-suite bathrooms, providing privacy and comfort for all family members. The spacious living room and open-plan kitchen-dining area create a welcoming environment for socialising and relaxation. Additional features include a utility room for practical needs and off-street parking, enhancing convenience. The garden space offers outdoor enjoyment and potential for landscaping or play areas.

DetachedFour BedroomsThree BathroomsTwo En-suitesUtility RoomSpacious Living Room+4

Local Amenities

Located within the SR7 8FR area, the property benefits from access to several well-regarded schools including Shotton Hall Academy and Peterlee St. Bede's Catholic School. Local shopping needs are served by nearby supermarkets such as Asda and Lidl, along with smaller retail outlets. Recreational options include local parks like Eden Lane Park, providing green spaces for families. Healthcare needs are met by the Peterlee Medical Centre, while a variety of restaurants and cafes offer dining options. Public transport is available via local bus routes connecting to surrounding towns.

Primary SchoolsSecondary SchoolsSupermarketsLocal ShopsParksMedical Centre+2
Horden Railway Station Train Station (2.3 miles, 7 mins drive) • 25 mins by car to Sunderland

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£299,000
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£299,000
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

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--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£299,000
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
5.1%
Based on £1,271/mo rent
Area Price Growth
+2.8%
Average annual increase
5-Year Value Forecast
£342,937
+£43,937 projected gain
5-Year Rent Forecast
£1,859/mo
Based on 7.9% annual growth
Price per Sq Ft£166
Annual Rent Income£15,252
10-Year ROI204%
Break-Even Point13 yrs

Property Value Projection

Based on 2.8% annual growth
£342,937
5yr
£393,330
10yr
£451,129
15yr
£517,420
20yr
£593,453
25yr
Current: £299,000

Monthly Rental Income

Based on 7.9% annual growth
£1,859
5yr
£2,719
10yr
£3,976
15yr
£5,815
20yr
£8,505
25yr
Current: £1,271/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

Sunderland
N/A
25 mins
Newcastle
45 mins from Horden Station
50 mins

Location Scores

68
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
45
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Commercial & Residential+Positive Impact
Peterlee Town Centre Regeneration
1.5 milesEst. 2027
TransportModerate Impact
Durham County Council Infrastructure Improvements
0.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£299,000
AvailableNB0000054464
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The Presgate

Seaham, Seaham SR7 8FR
Seaham Garden Village
4
Bedrooms
3
Bathrooms
1,800
Est. Sq ft
detached
Type
Available Plot Numbers
165
1 plot(s) available
Ownershipfreehold

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£299,000The Presgate

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The Presgate
The PresgateSeaham£299,000

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