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About This Property

Discover what makes this home special

The Grasmere is a charming detached family home located in the desirable area of Houghton le Spring, DH4 7AP. This property offers a practical and spacious layout with three bedrooms, including a master bedroom with an en-suite, and a modern family bathroom. The ground floor features a welcoming living room, a well-appointed kitchen/dining room with access to the rear garden, and a convenient downstairs WC. The attached garage adds valuable storage and parking space, enhancing the overall functionality of the home.

Situated within the Herrington Grange development, this property benefits from a peaceful residential environment while being well-connected to local amenities and transport links. The rear garden faces north-east, providing a pleasant outdoor space that receives a good amount of sunlight during the morning and early afternoon. This home is ideal for families or professionals seeking a balance of comfort, convenience, and community in a sought-after location.

Property Features

This detached home stands out with its integrated garage and en-suite master bedroom, offering both convenience and privacy. The spacious kitchen/dining room is perfect for family meals and entertaining, featuring French doors that open onto the rear garden. Additional storage spaces and a downstairs WC add to the practical design, making day-to-day living comfortable and efficient. Double glazing throughout ensures good insulation and noise reduction.

DetachedGarageEn-suiteKitchen/Dining roomDownstairs WCRear garden+2

Local Amenities

The property is well-served by a range of local amenities that cater to families and individuals alike. Nearby schools such as Houghton le Spring Primary School and St Michael's Church of England Academy provide quality education options. Residents can enjoy leisure and recreational activities at the Houghton le Spring Leisure Centre and local parks. The area also benefits from convenient access to Houghton le Spring Train Station, facilitating easy commutes to Sunderland and Newcastle. Essential services including supermarkets, healthcare facilities, and a library are all within close reach, supporting a comfortable and connected lifestyle.

Houghton le Spring Primary SchoolSt Michael's Church of England AcademyHoughton le Spring LibraryHoughton le Spring Leisure CentreHoughton le Spring Train StationLocal supermarkets+2
Houghton-le-Spring Train Station (1.5 miles, 6 mins drive) • 25 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£239,995
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£239,995
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
Good transport links to Sunderland and Newcastle
Moderate rental yield potential
Limited international profile of the area

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£239,995
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 £1,280/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£279,302
+£39,307 projected gain
5-Year Rent Forecast
£1,872/mo
Based on 7.9% annual growth
Price per Sq Ft£229
Annual Rent Income£15,360
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£279,302
5yr
£325,047
10yr
£378,284
15yr
£440,241
20yr
£512,345
25yr
Current: £239,995

Monthly Rental Income

Based on 7.9% annual growth
£1,872
5yr
£2,738
10yr
£4,004
15yr
£5,857
20yr
£8,565
25yr
Current: £1,280/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 Station
25 mins
30 mins
Durham
15 mins
20 mins

Sun Path & Natural LightAI generated - Estimated

NESW
North-East-Facing Moderate
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living room
Morning Moderate
Afternoon Low
Evening Low
Kitchen/Dining room
Morning Good
Afternoon Excellent
Evening Good
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Moderate
Evening Low
Bedroom 3/Study
Morning Low
Afternoon Moderate
Evening Low

Location Scores

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

Future Developments Nearby

Mixed-use development+Positive Impact
Houghton Regeneration Project
0.8 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£239,995
AvailableNB0000016261
View Location Analytics

The Grasmere

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
1,050
Est. Sq ft
detached
Type
Available Plot Numbers
375
1 plot(s) available
Ownershipfreehold

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£239,995The Grasmere

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The Grasmere
The GrasmereHoughton le Spring£239,995

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