Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

The Neighton is a charming three-bedroom bungalow located in the semi-rural outskirts near Durham, offering a peaceful lifestyle while maintaining convenient access to urban amenities. Priced at £180,000, this property is ideal for families or retirees seeking spacious living with a well-designed layout. The bungalow features a generous principal bedroom, a modern bathroom, and a combined living, kitchen, and dining area that maximizes natural light and space.

Situated within the DH8 7DD postcode area, the property benefits from proximity to local schools, parks, and essential shops, while being a short drive from Durham city centre. The location offers a balance between countryside tranquility and accessibility, making it a desirable home for those looking to enjoy the best of both worlds.

Property Features

This bungalow boasts a well-thought-out floorplan with three bedrooms including a spacious principal bedroom and an en-suite bathroom. The open-plan living, kitchen, and dining area provides a versatile space ideal for family living and entertaining. Additional features include a private garden and off-street parking, enhancing the property's appeal for comfortable, modern living.

Bungalow3 Bedrooms2 BathroomsOpen-plan Living/Kitchen/DiningPrincipal BedroomEn-suite+2

Local Amenities

The property is located near several reputable schools such as Durham Primary School and Framwellgate Moor Primary School, making it suitable for families with children. Local amenities include a Sainsbury's supermarket for daily shopping needs and the Framwellgate Moor Park, offering green space for recreation. Dining options like The Moorings Restaurant and essential services including a nearby GP surgery contribute to a convenient lifestyle in this semi-rural setting.

Durham Primary SchoolFramwellgate Moor Primary SchoolDurham Sixth Form CentreSainsbury's SupermarketFramwellgate Moor ParkThe Moorings Restaurant+1
Durham Station Train Station (4.5 miles, 12 mins drive) • 15 mins by car to Durham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£180,000
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£180,000
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
55/100
ChallengingModerateGoodExcellent
Affordable property price
Limited public transport connectivity
Proximity to Durham city and university

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£180,000
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 £960/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£209,481
+£29,481 projected gain
5-Year Rent Forecast
£1,404/mo
Based on 7.9% annual growth
Price per Sq Ft£189
Annual Rent Income£11,520
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£209,481
5yr
£243,790
10yr
£283,719
15yr
£330,188
20yr
£384,267
25yr
Current: £180,000

Monthly Rental Income

Based on 7.9% annual growth
£1,404
5yr
£2,053
10yr
£3,003
15yr
£4,392
20yr
£6,424
25yr
Current: £960/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
45 mins
Durham City Centre
N/A
15 mins

Location Scores

45
Walk Score
Car-Dependent
38
Transit Score
Some Transit
40
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use developmentModerate positive Impact
Durham City Regeneration Project
4 milesEst. 2027
* Information based on local planning applications and may be subject to change

Loading location insights...

£180,000
AvailableNB0000024324
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
39
1 plot(s) available
Ownershipfreehold

Request Information

£180,000The Neighton

Enquire About This Property

The Neighton
The NeightonConsett£180,000

Property Assistant

Ask me anything