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About This Property

Discover what makes this home special

The Moresby is a beautifully designed 3-bedroom semi-detached home located in the historic city of Durham. Offering a well-balanced layout, the property features a spacious lounge with a dedicated work-from-home area, a modern kitchen/dining space with integrated appliances, and a convenient downstairs WC. Upstairs, the master bedroom benefits from an en-suite bathroom, complemented by two additional bedrooms and a family bathroom. The home is perfect for families and professionals seeking comfort and style in a vibrant community setting.

Situated within the Old Durham Gate development, this property enjoys a peaceful rear garden facing south-east, providing ample natural light throughout the day. Its location offers excellent connectivity to Durham city centre and nearby transport links, making it an ideal choice for commuters and local residents alike. The surrounding area boasts a range of amenities, schools, and green spaces, enhancing the lifestyle appeal of this charming home.

Property Features

This home is thoughtfully designed to meet modern living needs, featuring a south-east facing garden that captures morning and afternoon sunlight. The integrated kitchen appliances and open-plan dining area create a welcoming environment for family meals and entertaining. The inclusion of a dedicated workspace in the lounge caters to the growing demand for home offices. With an en-suite bathroom in the master bedroom and a convenient downstairs WC, the property offers practical comfort for families and guests alike.

South-East Facing GardenEn-suite BathroomWork-from-Home SpaceIntegrated Kitchen AppliancesDownstairs WCSemi-Detached+1

Local Amenities

Located in close proximity to Durham's renowned educational institutions such as Durham University and Durham Sixth Form Centre, the property benefits families with school-age children. The nearby city centre offers a wealth of shopping, dining, and cultural experiences, including the famous Durham Cathedral and various parks like Wharton Park for outdoor activities. Excellent public transport options via Durham Bus Station and easy access to retail hubs like Dragonville Retail Park add to the convenience of living in this well-connected area.

Durham UniversityDurham Sixth Form CentreDurham City CentreDragonville Retail ParkWharton ParkDurham Cathedral+1
Durham Station Train Station (1.1 miles, 5 mins drive) • 25 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£262,995
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-
Purchase Costs
Total Price£262,995
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

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Good rental demand from students and professionals
Strong local amenities and education facilities
Limited international transport connectivity

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£262,995
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
6.6%
Based on £1,456/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£306,069
+£43,074 projected gain
5-Year Rent Forecast
£2,129/mo
Based on 7.9% annual growth
Price per Sq Ft£277
Annual Rent Income£17,472
10-Year ROI266%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£306,069
5yr
£356,198
10yr
£414,537
15yr
£482,432
20yr
£561,446
25yr
Current: £262,995

Monthly Rental Income

Based on 7.9% annual growth
£2,129
5yr
£3,114
10yr
£4,555
15yr
£6,662
20yr
£9,743
25yr
Current: £1,456/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
25 mins
30 mins
Durham City Centre
N/A
10 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Moderate
Afternoon Good
Evening Low
Kitchen/Dining
Morning Good
Afternoon Excellent
Evening Moderate
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low

Location Scores

68
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
55
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial & Residential+Positive Impact
Durham City Centre Regeneration
1.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

Loading location insights...

£262,995
AvailableNB0000005409
View Location Analytics

Moresby

Durham, Durham DH1 2DX
Old Durham Gate
3
Bedrooms
2
Bathrooms
950
Est. Sq ft
semi detached
Type

Developer

Barratt Homes
Available Plot Numbers
200
1 plot(s) available
Ownershipfreehold

Request Information

£262,995Moresby

Enquire About This Property

Moresby
Moresby Durham£262,995

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