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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 three-bedroom property offers a well-thought-out layout with a spacious living room, a modern kitchen/dining area with access to the rear garden, and a convenient ground floor WC. Upstairs, the master bedroom benefits from an en-suite bathroom, accompanied by two additional bedrooms and a family bathroom, making it ideal for families or professionals seeking comfort and functionality. The inclusion of an integral garage adds valuable storage and parking space.

Property Features

This property boasts a detached design offering privacy and space, complemented by an integral garage for secure parking and storage. The kitchen/dining room is generously sized with double doors leading to the garden, perfect for entertaining and family meals. The master bedroom includes an en-suite, enhancing convenience and luxury. Additional storage cupboards throughout the home provide practical solutions to everyday living needs.

DetachedGarageEn-suiteKitchen/Dining roomGardenGround floor WC+1

Local Amenities

Situated in a well-established community, The Grasmere benefits from proximity to excellent educational institutions such as Houghton le Spring Primary School and St Michael's CofE Academy. Residents can enjoy recreational facilities including Houghton le Spring Leisure Centre and local parks, ideal for outdoor activities and family outings. The nearby Houghton le Spring Train Station provides efficient transport links to Sunderland and Newcastle, while local supermarkets and restaurants cater to everyday needs, making this location highly convenient for families and commuters alike.

Houghton le Spring Primary SchoolSt Michael's CofE AcademyHoughton le Spring Leisure CentreHoughton le Spring LibraryHoughton le Spring Train StationLocal supermarkets+2
Houghton-le-Spring Station 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
Affordable pricing
Good local schools
Limited international transport links
Moderate rental demand

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
20 mins
Durham
15 mins
15 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 Good
Afternoon Moderate
Evening Low
Kitchen/Dining room
Morning Moderate
Afternoon Good
Evening Good
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
Evening Low
Bedroom 3/Study
Morning Moderate
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
48
Transit Score
Some Transit
42
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...

£239,995
AvailableNB0000016262
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
377
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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