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About This Property

Discover what makes this home special

The Neighton is a charming three-bedroom bungalow located in the semi-rural area near Tow Law, County Durham, offering a peaceful lifestyle within easy reach of essential amenities. This property combines practical living spaces with a well-thought-out layout, including a spacious living/kitchen/dining area, a principal bedroom, and two further bedrooms upstairs, one with an en-suite bathroom. The bungalow is ideal for families or retirees seeking a quiet home with good access to local schools, shops, and transport links.

Situated close to the village of Tow Law, The Neighton benefits from proximity to the A68 and A689, providing straightforward travel routes to nearby towns and cities. The property is well-positioned for those who appreciate countryside living without sacrificing connectivity to Durham city and Newcastle, both accessible within approximately 40-50 minutes by car or public transport. The surrounding area offers a mix of green spaces and community facilities, making it a balanced choice for homeowners looking for comfort and convenience.

Property Features

This bungalow features a practical and spacious open-plan living, kitchen, and dining area that maximizes natural light and provides a versatile space for family living and entertaining. The property includes three well-sized bedrooms, with the principal bedroom located on the ground floor for ease of access, and an en-suite bathroom upstairs offering additional privacy. The two bathrooms ensure convenience for families or guests. The layout is designed to promote comfortable living with storage spaces and a functional flow throughout the home. The garden space adds outdoor appeal, perfect for relaxation or gardening enthusiasts.

BungalowThree BedroomsTwo BathroomsEn-suiteOpen Plan LivingKitchen/Dining Area+2

Local Amenities

The Neighton is located within a short distance of Tow Law village amenities, including primary and secondary schools such as Tow Law Primary School and St. Thomas More Catholic School, which are well-regarded in the area. Residents have access to local shops and essential services, including a library and community facilities. For leisure, Tow Law Park offers green space for outdoor activities. The nearby town of Durham provides extensive amenities, including shopping centres, cultural venues, and healthcare facilities such as Bishop Auckland Hospital. The area balances rural charm with access to necessary services, making it attractive for families and individuals alike.

Tow Law Primary SchoolSt. Thomas More Catholic SchoolTow Law LibraryLocal ShopsThe Commercial Inn PubTow Law Park+2
Durham Station Train Station (3.7 miles, 10 mins drive) • 10 mins by car, 15 mins by train to Durham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£176,250
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£176,250
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
60/100
ChallengingModerateGoodExcellent
Affordable property price
Limited international transport links
Stable rental demand from local community
Lower growth potential compared to urban centres

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£176,250
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 £940/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£205,117
+£28,867 projected gain
5-Year Rent Forecast
£1,375/mo
Based on 7.9% annual growth
Price per Sq Ft£186
Annual Rent Income£11,280
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£205,117
5yr
£238,711
10yr
£277,808
15yr
£323,309
20yr
£376,261
25yr
Current: £176,250

Monthly Rental Income

Based on 7.9% annual growth
£1,375
5yr
£2,011
10yr
£2,941
15yr
£4,301
20yr
£6,290
25yr
Current: £940/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

Location

Commute Time Planner

Newcastle Central
25 mins
35 mins
London King's Cross
3h 30m
4h 30m

Location Scores

70
Walk Score
Very Walkable
55
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use development+Positive Impact
Durham City Centre Regeneration
3.5 milesEst. 2027
Transport infrastructure+Positive Impact
A1 Corridor Improvements
NearbyEst. 2025
* Information based on local planning applications and may be subject to change

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£176,250
AvailableNB0000024322
View Location Analytics

The Neighton

Consett, Consett DH8 7DD
Fellside Gardens
3
Bedrooms
2
Bathrooms
950
Est. Sq ft
bungalow
Type

Developer

Miller Homes
Available Plot Numbers
33
1 plot(s) available
Ownershipfreehold

Request Information

£176,250The Neighton

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The Neighton
The NeightonConsett£176,250

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