About This Property

Discover what makes this home special

Newmont Terrace in Seaham offers a charming terraced home ideal for first-time buyers, couples, or small families. This thoughtfully designed property features two comfortable bedrooms and a well-appointed bathroom, providing a practical and cozy living space. The ground floor includes a spacious lounge area and a modern open-plan kitchen with dining space, perfect for everyday living and entertaining guests.

Situated in the heart of Seaham, this property benefits from a vibrant community atmosphere and easy access to local amenities. Its location offers excellent transport links, making commuting straightforward while also providing a peaceful residential environment. Newmont Terrace is a fantastic opportunity to own a home in a sought-after coastal town with a rich history and growing appeal.

Property Features

The property boasts a modern open-plan kitchen and dining area that maximizes space and natural light, creating a welcoming environment for cooking and socializing. The lounge is spacious and versatile, suitable for relaxation or entertaining. Upstairs, there are two well-sized bedrooms offering flexibility for a small family or home office use. The bathroom is conveniently located on the first floor, complemented by a downstairs cloakroom/WC for guests. The terraced design ensures efficient use of space and ease of maintenance, with garden access adding outdoor living potential.

Open-plan kitchenLoungeTwo bedroomsOne bathroomCloakroom/WCModern fittings+2

Local Amenities

Located in Seaham, the property benefits from proximity to reputable schools such as Seaham Primary School and Seaham High School, making it suitable for families. Transport links are strong with Seaham Train Station nearby, providing easy access to Sunderland, Newcastle, and Durham. Shopping needs are well catered for with a Tesco Superstore and various local shops. The coastal location offers beautiful beach access and several parks for outdoor activities. Health centres and a variety of restaurants add to the convenience and lifestyle appeal of the area.

Seaham Primary SchoolSeaham High SchoolSeaham Train StationTesco SuperstoreSeaham BeachLocal parks+2
Seaham Railway Station Train Station (1.0 miles, 5 mins drive) • 20 mins to Durham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£184,000
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£184,000
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£184,000
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 £782/mo rent
Area Price Growth
+2.8%
Average annual increase
5-Year Value Forecast
£211,038
+£27,038 projected gain
5-Year Rent Forecast
£1,144/mo
Based on 7.9% annual growth
Price per Sq Ft£283
Annual Rent Income£9,384
10-Year ROI204%
Break-Even Point13 yrs

Property Value Projection

Based on 2.8% annual growth
£211,038
5yr
£242,049
10yr
£277,618
15yr
£318,412
20yr
£365,202
25yr
Current: £184,000

Monthly Rental Income

Based on 7.9% annual growth
£1,144
5yr
£1,673
10yr
£2,446
15yr
£3,578
20yr
£5,233
25yr
Current: £782/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
20 mins
25 mins
Newcastle
40 mins
45 mins

Location Scores

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

Future Developments Nearby

Commercial & 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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£184,000
AvailableNB0000051753
View Location Analytics

Newmont Terrace

Seaham, Seaham SR7 8FB
Seaham Garden Village
2
Bedrooms
1
Bathrooms
650
Est. Sq ft
terraced
Type

Developer

Miller Homes
Available Plot Numbers
208
1 plot(s) available
Ownershipfreehold

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£184,000Newmont Terrace

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Newmont Terrace
Newmont TerraceSeaham£184,000

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