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About This Property

Discover what makes this home special

The Lockwood is a charming detached family home located in the desirable area of Houghton le Spring, DH4 7AP. Offering three well-proportioned bedrooms, including a master with en-suite, and two bathrooms, this property perfectly balances comfort and functionality. The spacious living room with French doors allows natural light to flood in, creating a warm and inviting atmosphere. The adjacent kitchen and dining room provide ample space for family meals and entertaining guests.

Set within a well-planned development, this home benefits from a south-east facing rear garden that enjoys good sunlight throughout the day. Its location offers convenient access to local amenities, schools, and transport links, making it an ideal choice for families and professionals alike. With a price of £259,995, The Lockwood presents excellent value in a thriving community with promising growth prospects.

Property Features

This detached property boasts three bedrooms including a master with en-suite, providing privacy and convenience. The ground floor layout includes a spacious living room with French doors leading to the garden, a well-sized kitchen/dining area, utility room, and a cloakroom WC. Ample storage is provided by cupboards under the stairs. The south-east facing garden ensures good sunlight exposure, ideal for outdoor activities and relaxation.

Detached3 Bedrooms2 BathroomsEn-suiteUtility RoomSouth-East Garden+4

Local Amenities

The property is situated close to several well-regarded schools including Houghton le Spring Primary and St Michael's RC Primary, making it suitable for families. Houghton-le-Spring Station provides rail connections to Newcastle and Durham, supporting commuter lifestyles. Local amenities such as Tesco Superstore and Houghton Leisure Centre are within easy reach, alongside green spaces like Penshaw Monument and nearby parks, offering recreational opportunities for all ages.

Houghton le Spring Primary SchoolSt Michael's RC Primary SchoolHoughton-le-Spring StationTesco SuperstoreHoughton Leisure CentrePenshaw Monument+1
Houghton-le-Spring Station Train Station (1.8 miles, 7 mins drive) • 25 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£259,995
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£259,995
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
Affordable price point
Limited direct international transport links
Stable rental demand in local market

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£259,995
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 £1,387/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£302,578
+£42,583 projected gain
5-Year Rent Forecast
£2,029/mo
Based on 7.9% annual growth
Price per Sq Ft£243
Annual Rent Income£16,644
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£302,578
5yr
£352,135
10yr
£409,809
15yr
£476,928
20yr
£555,041
25yr
Current: £259,995

Monthly Rental Income

Based on 7.9% annual growth
£2,029
5yr
£2,967
10yr
£4,339
15yr
£6,346
20yr
£9,281
25yr
Current: £1,387/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

Newcastle Central
25 mins
20 mins
Durham
15 mins
15 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Moderate
Evening Low
Kitchen/Dining Room
Morning Good
Afternoon Good
Evening Moderate
Master Bedroom
Morning Excellent
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
50
Transit Score
Good Transit
45
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

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

Loading location insights...

£259,995
AvailableNB0000016243
View Location Analytics

The Lockwood

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
1,070
Est. Sq ft
detached
Type
Available Plot Numbers
348
1 plot(s) available
Ownershipfreehold

Request Information

£259,995The Lockwood

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The Lockwood
The LockwoodHoughton le Spring£259,995

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