About This Property

Discover what makes this home special

The Grasmere is a charming detached family home located in the peaceful Herrington Grange development near Durham. Offering three bedrooms, including a spacious master with en-suite, and two bathrooms, this property is ideal for growing families or professionals seeking a quiet suburban lifestyle. The ground floor features a bright living room, a well-appointed kitchen/dining area with access to the rear garden, and a convenient downstairs WC, all designed to maximize comfort and practicality.

Set within a well-planned community, The Grasmere benefits from close proximity to local amenities, excellent transport links, and access to quality schools, making it a highly desirable home. The south-east facing garden enjoys good sunlight throughout the day, perfect for outdoor relaxation and entertaining. With a garage and ample storage, this home combines functionality with modern living standards.

Property Features

This property features a detached layout providing privacy and space, complemented by a single garage for secure parking and storage. The master bedroom includes an en-suite bathroom, enhancing convenience and comfort. The open-plan kitchen and dining room offer a bright, functional space ideal for family meals and entertaining. Additional features include a downstairs WC and multiple storage cupboards, ensuring ample room for everyday essentials.

DetachedGarageEn-suiteKitchen/Dining roomDownstairs WCSouth-East garden+1

Local Amenities

Located near Durham, the property benefits from proximity to renowned educational institutions such as Durham University and Durham Sixth Form Centre. Shopping needs are well served by nearby supermarkets including Sainsbury's and Lidl. Herrington Country Park offers extensive green space for recreation and leisure. The nearby Durham City Centre provides a rich selection of restaurants, shops, and cultural attractions. Local bus stops ensure connectivity to surrounding areas, supporting a balanced and convenient lifestyle.

Durham UniversityDurham Sixth Form CentreSainsbury'sLidlHerrington Country ParkDurham City Centre+2
Durham Railway Station Train Station (2.3 miles, 8 mins drive) • 10 mins by car to Durham

Estimate Calculator

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25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£229,995
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-
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Compare Rates
Purchase Costs
Total Price£229,995
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
60/100
ChallengingModerateGoodExcellent
Stable local rental market
Limited direct international transport links
Good proximity to university

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£229,995
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 £1,227/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£267,664
+£37,669 projected gain
5-Year Rent Forecast
£1,795/mo
Based on 7.9% annual growth
Price per Sq Ft£213
Annual Rent Income£14,724
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£267,664
5yr
£311,503
10yr
£362,522
15yr
£421,897
20yr
£490,997
25yr
Current: £229,995

Monthly Rental Income

Based on 7.9% annual growth
£1,795
5yr
£2,625
10yr
£3,839
15yr
£5,614
20yr
£8,211
25yr
Current: £1,227/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
30 mins
Darlington
20 mins
25 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 Moderate
Afternoon Good
Evening Low
Master Bedroom
Morning Good
Afternoon Moderate
Evening Low

Location Scores

45
Walk Score
Car-Dependent
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use+Positive Impact
Durham City Centre Regeneration
3 milesEst. 2027
ResidentialModerate Impact
Herrington Grange Expansion
0.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£229,995
AvailableNB0000037512
View Location Analytics

The Grasmere

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
1,080
Est. Sq ft
detached
Type
Available Plot Numbers
396
1 plot(s) available
Ownershipfreehold

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£229,995The Grasmere

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The Grasmere
The GrasmereHoughton le Spring£229,995

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