About This Property

Discover what makes this home special

The Finholme is a stylish and contemporary two-bedroom apartment located in the desirable County Durham area, offering a perfect blend of modern living and convenience. Priced at £156,995, this property features a spacious open-plan living and kitchen area, two well-proportioned bedrooms including a master with an en-suite, and a separate bathroom. The design maximizes natural light and provides practical storage and utility spaces, making it ideal for first-time buyers, professionals, or small families seeking a comfortable home in a thriving community.

Situated in a peaceful residential development, The Finholme benefits from a south-west facing garden area that enjoys ample afternoon and evening sunshine, perfect for relaxing or entertaining. The apartment's location offers excellent access to local amenities, schools, and transport links, making it a highly convenient choice for residents. Its modern finishes and thoughtful layout ensure a welcoming and functional space that meets contemporary lifestyle needs.

Property Features

This apartment boasts two spacious bedrooms, including a master with a private en-suite bathroom, alongside a separate family bathroom. The open-plan living and kitchen area is designed to maximize space and light, complemented by a utility room and additional storage cupboard for added convenience. The south-west facing garden ensures good natural light throughout the day, enhancing the living experience. Modern double glazing and quality fixtures throughout the property contribute to energy efficiency and comfort.

Two bedroomsTwo bathroomsEn-suiteOpen-plan living/kitchenUtility roomStorage cupboard+3

Local Amenities

The Finholme benefits from its proximity to well-regarded educational institutions such as County Durham High School and Durham Johnston Comprehensive School, making it suitable for families with school-age children. Residents have easy access to Durham Train Station, providing efficient rail connections to Newcastle and beyond. The nearby Dragonville Shopping Centre offers a variety of retail and dining options, while local parks and a community centre provide recreational opportunities. Medical clinics and other essential services are also conveniently close, ensuring a well-rounded living environment.

County Durham High SchoolDurham Johnston Comprehensive SchoolDurham Train StationDragonville Shopping CentreLocal parksCommunity centre+1
Horden Railway Station Train Station (1.9 miles, 6 mins drive) • 30 mins by train to Durham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£156,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£65/mo
Estimated Ground Rent£5/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£156,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£65/mo
Estimated Ground Rent£5/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
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£156,995
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£65/mo
Estimated Ground Rent£5/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 £667/mo rent
Area Price Growth
+2.8%
Average annual increase
5-Year Value Forecast
£180,065
+£23,070 projected gain
5-Year Rent Forecast
£976/mo
Based on 7.9% annual growth
Price per Sq Ft£224
Annual Rent Income£8,004
10-Year ROI204%
Break-Even Point14 yrs

Property Value Projection

Based on 2.8% annual growth
£180,065
5yr
£206,525
10yr
£236,873
15yr
£271,680
20yr
£311,603
25yr
Current: £156,995

Monthly Rental Income

Based on 7.9% annual growth
£976
5yr
£1,427
10yr
£2,087
15yr
£3,052
20yr
£4,463
25yr
Current: £667/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

Durham
30 mins
25 mins
Newcastle
55 mins
50 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-West-Facing Excellent
8h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living / Kitchen
Morning Moderate
Afternoon Good
Evening Good
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Good
Afternoon Moderate
Evening Low

Location Scores

45
Walk Score
Car-Dependent
50
Transit Score
Good Transit
40
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

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

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£156,995
AvailableNB0000045998
View Location Analytics

The Finholme

County Durham, Seaham SR7 8RN
Seaham Garden Village Phase 2
2
Bedrooms
2
Bathrooms
700
Est. Sq ft
apartment
Type

Developer

Taylor Wimpey
Available Plot Numbers
78
1 plot(s) available
Ownershipleasehold

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£156,995The Finholme

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The Finholme
The FinholmeCounty Durham£156,995

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