About This Property

Discover what makes this home special

The Newmont Semi in Seaham presents a charming semi-detached property priced at £189,000, offering a comfortable living space ideal for first-time buyers or small families. The ground floor features a spacious living room, an open plan kitchen and dining area, and a convenient cloakroom. Although the floorplan images provided do not show bedrooms or bathrooms on this level, the property is designed to accommodate two bedrooms on the upper floor, consistent with typical Newmont semi layouts.

Located in the coastal town of Seaham, this property benefits from proximity to local amenities and transport links, making it a practical choice for commuters and those seeking a quieter lifestyle near the coast. The area is undergoing regeneration, promising future growth and improved facilities.

Property Features

This semi-detached home offers an open-plan kitchen and dining area, perfect for modern living and entertaining. The spacious living room provides a comfortable environment for relaxation, while the cloakroom adds convenience for guests. Outdoor space includes a garden area suitable for family activities or gardening enthusiasts. Parking availability enhances practicality for residents with vehicles.

Semi-detachedCloakroomOpen-plan kitchen/diningSpacious living roomGarden spaceParking available

Local Amenities

The property is well-situated near Seaham Railway Station, providing direct train services to Newcastle and Durham, ideal for commuters. Residents can enjoy the scenic Seaham Beach and local parks for leisure and outdoor activities. The town centre offers a range of shops, eateries, and services, supporting everyday needs. Educational facilities nearby include Seaham Trinity Primary School and Seaham High School, catering to families with children.

Seaham Railway StationSeaham BeachLocal shopsPrimary schoolsSecondary schoolsSeaham Golf Club+1
Seaham Railway Station Train Station (0.8 miles, 3 mins drive) • 40 mins by train to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£189,000
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£189,000
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£189,000
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 £803/mo rent
Area Price Growth
+2.8%
Average annual increase
5-Year Value Forecast
£216,773
+£27,773 projected gain
5-Year Rent Forecast
£1,174/mo
Based on 7.9% annual growth
Price per Sq Ft£252
Annual Rent Income£9,636
10-Year ROI204%
Break-Even Point13 yrs

Property Value Projection

Based on 2.8% annual growth
£216,773
5yr
£248,627
10yr
£285,162
15yr
£327,065
20yr
£375,126
25yr
Current: £189,000

Monthly Rental Income

Based on 7.9% annual growth
£1,174
5yr
£1,718
10yr
£2,512
15yr
£3,674
20yr
£5,373
25yr
Current: £803/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 Station
40 mins
45 mins
Durham
20 mins
25 mins

Location Scores

55
Walk Score
Somewhat Walkable
48
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

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

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£189,000
AvailableNB0000051749
View Location Analytics

Newmont Semi

Seaham, Seaham SR7 8FB
Seaham Garden Village
2
Bedrooms
1
Bathrooms
750
Est. Sq ft
semi detached
Type

Developer

Miller Homes
Available Plot Numbers
215
1 plot(s) available
Ownershipfreehold

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£189,000Newmont Semi

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Newmont Semi
Newmont SemiSeaham£189,000

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