About This Property

Discover what makes this home special

The Newmont is a charming semi-detached home located in the coastal town of Seaham, offering a perfect blend of comfort and convenience. Priced at £185,000, this property is ideal for first-time buyers, small families, or those looking to downsize. The layout includes two well-proportioned bedrooms and a modern bathroom, providing ample space for everyday living. The ground floor features a bright and open-plan kitchen and dining area, complemented by a spacious lounge, making it perfect for entertaining or relaxing with family.

Situated in the postcode SR7 8FB, this home benefits from a peaceful residential setting while still being close to local amenities and transport links. Seaham itself is known for its beautiful beaches, vibrant community, and excellent schools, making it a desirable place to live. With easy access to Durham and Sunderland, residents can enjoy the tranquility of coastal living without sacrificing connectivity to larger urban centres.

Property Features

This property boasts a thoughtfully designed open-plan kitchen and dining area, which provides a versatile space for cooking and socialising. The spacious lounge offers a comfortable retreat with plenty of natural light, enhancing the welcoming atmosphere. Upstairs, two well-sized bedrooms provide flexibility for a small family or home office setup. The modern bathroom includes contemporary fixtures, ensuring functionality and style. Additional benefits include a private garden and off-street parking, adding to the convenience and appeal of this home.

Open-plan kitchen and diningSpacious loungeTwo bedroomsModern bathroomSemi-detachedGarden+1

Local Amenities

The Newmont is situated close to a range of local amenities that cater to everyday needs and leisure activities. Seaham Beach and Harbour offer scenic spots for relaxation and outdoor pursuits. The nearby Seaham Railway Station provides excellent transport links to Durham, Sunderland, and Newcastle, making commuting straightforward. Families will appreciate the proximity to well-regarded schools such as Seaham Primary School and Seaham High School. Additionally, local shops and supermarkets are easily accessible, ensuring convenience for residents. Parks and green spaces in the area further enhance the quality of life, offering opportunities for recreation and community engagement.

Seaham BeachSeaham HarbourSeaham Railway StationSeaham Primary SchoolSeaham High SchoolLocal shops+2
Seaham Railway Station Train Station (1.0 miles, 5 mins drive) • 20 mins to Durham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£185,000
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£185,000
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

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Good transport links to major cities
Stable rental demand in Seaham
Limited high-end luxury appeal
Smaller size may limit long-term capital growth

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£185,000
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 £786/mo rent
Area Price Growth
+2.8%
Average annual increase
5-Year Value Forecast
£212,185
+£27,185 projected gain
5-Year Rent Forecast
£1,150/mo
Based on 7.9% annual growth
Price per Sq Ft£247
Annual Rent Income£9,432
10-Year ROI204%
Break-Even Point13 yrs

Property Value Projection

Based on 2.8% annual growth
£212,185
5yr
£243,365
10yr
£279,126
15yr
£320,143
20yr
£367,187
25yr
Current: £185,000

Monthly Rental Income

Based on 7.9% annual growth
£1,150
5yr
£1,681
10yr
£2,459
15yr
£3,596
20yr
£5,260
25yr
Current: £786/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

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Durham
20 mins
25 mins
Newcastle
40 mins
45 mins

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
Seaham Town Centre Regeneration
0.8 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£185,000
AvailableNB0000051757
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The Newmont

Seaham, Seaham SR7 8FB
Seaham Garden Village
2
Bedrooms
1
Bathrooms
750
Est. Sq ft
semi detached
Type

Developer

Miller Homes
Available Plot Numbers
135
1 plot(s) available
Ownershipfreehold

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£185,000The Newmont

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The Newmont
The NewmontSeaham£185,000

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