About This Property

Discover what makes this home special

The Newmont Semi is a charming two-bedroom semi-detached home located in the coastal town of Seaham. Offering a practical and comfortable living space, this property is ideal for first-time buyers, small families, or investors seeking a property in a growing area. The open-plan kitchen and dining area provide a modern touch, while the spacious living room creates a welcoming environment for relaxation and entertaining.

Situated within easy reach of local amenities and transport links, this home benefits from proximity to Seaham Railway Station, providing convenient access to Newcastle and Durham. The property also enjoys access to nearby schools, parks, and shopping facilities, making it a well-rounded choice for residents looking for a balance of comfort and convenience.

Property Features

This property features an inviting open-plan kitchen and dining area with modern fittings, perfect for family meals and social gatherings. The spacious living room offers ample space for relaxation, complemented by a ground floor WC for added convenience. Upstairs, two well-sized bedrooms provide comfortable sleeping quarters. The property also benefits from a private garden and off-street parking, enhancing its appeal for families and commuters alike.

Open-plan kitchen and dining areaSpacious living roomTwo bedroomsGround floor WCGardenOff-street parking

Local Amenities

Located in Seaham, the property enjoys access to a variety of local amenities including Seaham Railway Station, which connects residents to Newcastle and Durham. The town centre offers a range of shops, cafes, and restaurants, while nearby schools such as Seaham Trinity Primary School and Seaham High School provide quality education options. Outdoor enthusiasts will appreciate the proximity to Seaham Beach and several community parks, offering recreational opportunities for all ages.

Seaham Railway StationSeaham High StreetLocal primary and secondary schoolsSeaham BeachCommunity parksSupermarkets
Seaham Railway Station Train Station (1.1 miles, 5 mins drive) • 40 mins to Newcastle upon Tyne

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

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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£257
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

Newcastle Central
40 mins
35 mins
Durham
15 mins
20 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
0.8 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£185,000
AvailableNB0000051747
View Location Analytics

Newmont Semi

Seaham, Seaham SR7 8FB
Seaham Garden Village
2
Bedrooms
1
Bathrooms
720
Est. Sq ft
semi detached
Type

Developer

Miller Homes
Available Plot Numbers
199
1 plot(s) available
Ownershipfreehold

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£185,000Newmont Semi

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Newmont Semi
Newmont SemiSeaham£185,000

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