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. This property features two well-proportioned bedrooms and a modern bathroom, ideal for small families, first-time buyers, or investors looking for a solid rental opportunity. The ground floor boasts a spacious living room, a contemporary kitchen with dining space, and a convenient cloakroom, providing a practical and welcoming living environment.

Situated in a quiet residential area, The Newmont benefits from close proximity to local amenities, schools, and transport links, making daily life hassle-free. The property’s garden space offers potential for outdoor enjoyment and gardening enthusiasts. With its competitive price point and location in a town undergoing regeneration, this home presents excellent potential for future value growth and rental demand.

Property Features

This semi-detached property offers a practical layout with a spacious living room that receives plenty of natural light. The fitted kitchen includes modern appliances and a dining area, perfect for family meals or entertaining guests. The cloakroom adds convenience on the ground floor, while the two bedrooms upstairs provide comfortable sleeping quarters. The garden space at the rear is ideal for outdoor activities or relaxation.

Semi-detachedGardenCloakroomFitted KitchenSpacious Living RoomTwo Bedrooms

Local Amenities

Located in Seaham, the property benefits from access to well-regarded local schools such as Seaham Primary School and Seaham High School, ensuring quality education options for families. The nearby Seaham Railway Station offers convenient rail links to Durham and Newcastle, supporting commuters. Essential amenities including Morrison's Supermarket and local GP surgeries are within easy reach, enhancing everyday convenience.

Seaham Primary SchoolSeaham High SchoolSeaham Railway StationMorrison's SupermarketSeaham BeachLocal Parks+1
Seaham Railway Station Train Station (1.1 miles, 5 mins drive) • 25 mins by train to Durham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£179,000
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£179,000
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
65/100
ChallengingModerateGoodExcellent
Affordable entry price
Moderate transport connectivity
Growing local regeneration
Limited international appeal due to location

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£179,000
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 £761/mo rent
Area Price Growth
+2.8%
Average annual increase
5-Year Value Forecast
£205,303
+£26,303 projected gain
5-Year Rent Forecast
£1,113/mo
Based on 7.9% annual growth
Price per Sq Ft£239
Annual Rent Income£9,132
10-Year ROI204%
Break-Even Point13 yrs

Property Value Projection

Based on 2.8% annual growth
£205,303
5yr
£235,472
10yr
£270,074
15yr
£309,760
20yr
£355,278
25yr
Current: £179,000

Monthly Rental Income

Based on 7.9% annual growth
£1,113
5yr
£1,628
10yr
£2,381
15yr
£3,482
20yr
£5,092
25yr
Current: £761/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

Location

Commute Time Planner

Durham
25 mins
30 mins
Newcastle
50 mins
55 mins

Location Scores

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

Future Developments Nearby

Commercial and Residential+Positive Impact
Seaham Town Centre Regeneration
1 mileEst. 2025
* Information based on local planning applications and may be subject to change

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£179,000
SoldNB0000051755
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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
136
1 plot(s) available
Ownershipfreehold

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£179,000The Newmont

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The Newmont
The NewmontSeaham£179,000

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