About This Property

Discover what makes this home special

Newmont Terrace offers a charming and well-designed two-bedroom terraced home located in the coastal town of Seaham. The property features a spacious living room, a modern kitchen with dining space, and a convenient ground-floor WC. Upstairs, there are two comfortable bedrooms and a family bathroom, making it ideal for first-time buyers or small families. Its location provides a quiet residential feel while still being close to local amenities and transport links.

Situated in the SR7 8FB postcode, this home benefits from easy access to Seaham Railway Station, connecting residents to Durham and Newcastle with ease. The nearby Seaham town centre offers shopping, dining, and leisure options, complemented by beautiful coastal walks and parks. This property represents a great opportunity for buyers seeking a balanced lifestyle with both convenience and tranquility.

Property Features

This terraced home features two well-proportioned bedrooms upstairs, providing comfortable sleeping spaces. The ground floor includes a bright living room and a modern kitchen with integrated dining area, perfect for family meals and entertaining. A handy ground-floor WC adds convenience. The layout maximizes space and natural light, making the property feel welcoming and functional.

Two bedroomsTerraced houseModern kitchenGround floor WCSpacious living roomClose to transport links

Local Amenities

Located in Seaham, the property is close to a variety of local amenities. Seaham Railway Station is within easy reach, offering regular services to Durham and Newcastle. The town centre provides shopping, cafes, and essential services, while the nearby beach and parks offer excellent outdoor recreational opportunities. Families will appreciate the proximity to well-regarded schools such as St Mary’s RC Primary and Seaham High School. Public transport options and supermarkets are also conveniently nearby, supporting a comfortable lifestyle.

Seaham Railway StationSeaham BeachSeaham Town CentreSt Mary’s RC Primary SchoolSeaham High SchoolLocal parks+2
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£186,000
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£186,000
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£186,000
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 £791/mo rent
Area Price Growth
+2.8%
Average annual increase
5-Year Value Forecast
£213,332
+£27,332 projected gain
5-Year Rent Forecast
£1,157/mo
Based on 7.9% annual growth
Price per Sq Ft£266
Annual Rent Income£9,492
10-Year ROI204%
Break-Even Point13 yrs

Property Value Projection

Based on 2.8% annual growth
£213,332
5yr
£244,680
10yr
£280,635
15yr
£321,873
20yr
£369,172
25yr
Current: £186,000

Monthly Rental Income

Based on 7.9% annual growth
£1,157
5yr
£1,692
10yr
£2,475
15yr
£3,619
20yr
£5,293
25yr
Current: £791/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
25 mins
20 mins
Newcastle
50 mins
45 mins

Location Scores

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

Future Developments Nearby

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

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£186,000
AvailableNB0000051751
View Location Analytics

Newmont Terrace

Seaham, Seaham SR7 8FB
Seaham Garden Village
2
Bedrooms
1
Bathrooms
700
Est. Sq ft
terraced
Type

Developer

Miller Homes
Available Plot Numbers
207
1 plot(s) available
Ownershipfreehold

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£186,000Newmont Terrace

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Newmont Terrace
Newmont TerraceSeaham£186,000

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