About This Property

Discover what makes this home special

The Spencer is a charming three-bedroom family home located in the semi-rural town of Chester-le-Street, County Durham. Offering a balanced blend of modern living with traditional comfort, this property benefits from spacious living areas including a separate lounge and an open-plan kitchen/dining/family area. The well-designed layout includes three bedrooms upstairs, with an en-suite to the main bedroom and a family bathroom, providing ample space for family life or guests. The property is set within a peaceful residential area, ideal for those seeking a quieter lifestyle while maintaining easy access to nearby urban centres.

Property Features

This home boasts a practical and contemporary layout with a focus on family living. The open-plan kitchen and dining area is perfect for entertaining and daily meals, while the separate lounge offers a more formal space for relaxation. Upstairs, the main bedroom benefits from an en-suite bathroom, enhancing privacy and convenience. Additional storage cupboards and a ground floor WC add to the functionality of the property. The rear garden is accessible from the family area, providing outdoor space for leisure and gardening.

Three bedroomsEn-suite bathroomFamily bathroomOpen-plan kitchen and diningSeparate loungeGround floor WC+2

Local Amenities

Situated in Chester-le-Street, the property enjoys proximity to a range of local amenities including well-regarded primary and secondary schools, making it suitable for families. Shopping needs are met by nearby Tesco Superstore and various local shops. Leisure facilities such as the Chester-le-Street Leisure Centre and Riverside Park provide excellent recreational opportunities. Dining options include a selection of local pubs and restaurants, contributing to a vibrant community atmosphere. The nearby Lumley Castle Golf Club adds a touch of exclusivity for golf enthusiasts.

Chester-le-Street Primary SchoolSt. Bede's Catholic SchoolTesco SuperstoreChester-le-Street Leisure CentreLumley Castle Golf ClubRiverside Park+1
Chester-le-Street Train Station (1.7 miles, 6 mins drive) • 20 mins by train to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£239,995
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£239,995
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£239,995
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 £1,280/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£279,302
+£39,307 projected gain
5-Year Rent Forecast
£1,872/mo
Based on 7.9% annual growth
Price per Sq Ft£218
Annual Rent Income£15,360
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£279,302
5yr
£325,047
10yr
£378,284
15yr
£440,241
20yr
£512,345
25yr
Current: £239,995

Monthly Rental Income

Based on 7.9% annual growth
£1,872
5yr
£2,738
10yr
£4,004
15yr
£5,857
20yr
£8,565
25yr
Current: £1,280/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
20 mins
30 mins
Durham
10 mins
15 mins

Location Scores

55
Walk Score
Somewhat Walkable
48
Transit Score
Some Transit
40
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Chester-le-Street Town Centre Regeneration
1 mileEst. 2025
TransportModerate Impact
Durham County Council Infrastructure Improvements
3 milesEst. 2026
* Information based on local planning applications and may be subject to change

Loading location insights...

£239,995
AvailableNB0000054958
View Location Analytics

The Spencer

Tanfield, County Durham, Stanley DH9 9UY
Heritage Fields
3
Bedrooms
3
Bathrooms
1,100
Est. Sq ft
house
Type

Developer

Story Homes
Available Plot Numbers
143
1 plot(s) available
Ownershipfreehold

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£239,995The Spencer

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The Spencer
The SpencerTanfield, County Durham£239,995

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