About This Property

Discover what makes this home special

The Cangate is a spacious detached family home located in a quiet residential area near Durham, offering excellent access to both city amenities and countryside. This well-designed property features four bedrooms, including a master with en-suite, and three bathrooms in total, catering perfectly to growing families or those needing extra space for guests or home offices. The ground floor benefits from a large living room, open kitchen and dining area with utility space, and a convenient WC, making it ideal for modern living.

Situated in the DH8 7DD postcode, the property enjoys a balance of suburban tranquility and proximity to essential amenities. The nearby Durham Station provides rail links to Newcastle and beyond, while local schools, shops, and parks are within easy reach. With future regeneration projects planned in Durham city centre, this location presents promising growth potential for homeowners and investors alike.

Property Features

This detached home offers a versatile layout with four well-sized bedrooms and three bathrooms, including an en-suite for the master bedroom. The ground floor is designed for comfortable family living with a large living room, a modern open-plan kitchen and dining area that opens to the garden, and a handy utility room. Additional features include a garage, a downstairs WC, and a study area upstairs, providing ample space for work or study from home.

DetachedFour BedroomsThree BathroomsEn-suiteGarageUtility Room+4

Local Amenities

The property is located near Belmont, a suburban area just east of Durham city. Residents benefit from access to quality schools such as Belmont Primary School and Durham University nearby. Local amenities include supermarkets, independent shops, and a variety of restaurants. Belmont Park offers green space for recreation, while healthcare services and community centres are within a short drive. The nearby Durham Station connects residents to regional hubs, enhancing convenience despite the suburban setting.

Durham StationDurham UniversityBelmont Primary SchoolBelmont Community CentreLocal shopsSupermarkets+3
Durham Station Train Station (3.2 miles, 10 mins drive) • 10 mins by car to Durham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£299,000
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£299,000
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
Stable local rental market
Limited direct international transport links
Good access to regional cities

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£299,000
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
6.4%
Based on £1,595/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£347,971
+£48,971 projected gain
5-Year Rent Forecast
£2,333/mo
Based on 7.9% annual growth
Price per Sq Ft£187
Annual Rent Income£19,140
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£347,971
5yr
£404,963
10yr
£471,289
15yr
£548,478
20yr
£638,310
25yr
Current: £299,000

Monthly Rental Income

Based on 7.9% annual growth
£2,333
5yr
£3,412
10yr
£4,990
15yr
£7,298
20yr
£10,673
25yr
Current: £1,595/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

Durham
5 mins
10 mins
Newcastle
30 mins
40 mins

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use commercial and residential+Positive Impact
Durham City Centre Regeneration
3 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£299,000
AvailableNB0000054476
View Location Analytics

The Cangate

Consett, Consett DH8 7DD
Valley Rise
4
Bedrooms
3
Bathrooms
1,600
Est. Sq ft
detached
Type
Available Plot Numbers
200
1 plot(s) available
Ownershipfreehold

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£299,000The Cangate

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The Cangate
The CangateConsett£299,000

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