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About This Property

Discover what makes this home special

The Grasmere is a charming detached three-bedroom family home located in the desirable area of Houghton le Spring. Offering a well-proportioned living space, the property boasts a spacious living room, a modern kitchen/dining area with direct access to the rear garden, and a convenient downstairs WC. Upstairs, the home features three bedrooms, including a master bedroom with an en-suite bathroom, and a family bathroom. The property also benefits from an integral garage and ample storage throughout, making it ideal for growing families or professionals seeking comfort and practicality.

Property Features

This property stands out with its integral garage providing secure parking and additional storage space. The modern kitchen/dining room opens onto the rear garden, perfect for entertaining or family meals. The master bedroom includes an en-suite, enhancing privacy and convenience. With two additional bedrooms and a family bathroom, the layout is flexible enough to accommodate a home office or guest room. The downstairs WC adds practicality for visitors and family members alike.

Detached3 Bedrooms2 BathroomsIntegral GarageEn-suiteModern Kitchen/Dining+2

Local Amenities

Situated in a well-serviced area, the property benefits from proximity to reputable schools such as Houghton-le-Spring Primary School and St. Robert of Newminster Catholic School, making it ideal for families. Local amenities include Houghton Leisure Centre for fitness and recreation, Tesco Superstore for convenient shopping, and Herrington Country Park offering extensive green space for outdoor activities. The nearby Houghton Library provides educational resources and community events, enhancing the neighborhood's appeal.

Houghton-le-Spring Primary SchoolSt. Robert of Newminster Catholic SchoolHoughton Leisure CentreLocal ShopsTesco SuperstoreHerrington Country Park+1
Houghton-le-Spring Railway Station Train Station (1.7 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 entry price
Limited direct international transport links
Good rental demand from local professionals

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£235
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
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

58
Walk Score
Somewhat Walkable
54
Transit Score
Good Transit
45
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use Commercial and Residential+Positive Impact
Houghton Town Centre Regeneration
1.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

Loading location insights...

£239,995
AvailableNB0000016263
View Location Analytics

The Grasmere

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
1,020
Est. Sq ft
detached
Type
Available Plot Numbers
381
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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