About This Property

Discover what makes this home special

The Windermere is a charming detached two-bedroom home situated in the expanding Harrington Grange development near Peterlee, County Durham. Priced at £204,995, this property offers a well-balanced layout with two bathrooms, including a ground floor WC and a first-floor family bathroom, ideal for modern family living or professional couples. The living room and kitchen/dining areas provide comfortable and functional spaces with natural light, while the rear garden faces south-east, offering pleasant morning and early afternoon sun.

Located in a growing residential area, The Windermere benefits from proximity to key amenities such as local schools, shops, and parks, while maintaining good road links to nearby towns and cities. The nearby Horden Railway Station connects residents to Durham and Newcastle, making it a practical choice for commuters. With ongoing development projects in the area, this home represents both a comfortable lifestyle and a promising investment opportunity.

Property Features

This detached property features two well-sized bedrooms and two bathrooms, including a convenient ground floor WC. The layout maximizes space with a large living room and a kitchen/dining room that opens onto the rear garden. The south-east facing garden ensures good sunlight during the morning and early afternoon hours. Off-street parking is available, and the home is designed to suit families or professionals seeking a comfortable and practical living environment.

DetachedTwo BedroomsTwo BathroomsSouth-East Facing GardenSpacious Living RoomKitchen/Dining Room+3

Local Amenities

The Windermere is situated within easy reach of several reputable schools including Harrington Primary and St Bede's Catholic School, making it ideal for families. Shopping needs are well catered for by Peterlee Town Centre and a nearby Tesco Superstore. Outdoor enthusiasts will appreciate the proximity to Castle Eden Dene National Nature Reserve and local parks offering scenic walks and recreational opportunities. Transport connections via Horden Railway Station provide access to Durham and Newcastle, while local bus services connect to surrounding areas. A variety of restaurants and cafes nearby add to the convenience and lifestyle appeal of this location.

Harrington Primary SchoolSt Bede's Catholic SchoolPeterlee Town CentreTesco SuperstoreHorden Railway StationCastle Eden Dene National Nature Reserve+2
Horden Railway Station Train Station (3.1 miles, 8 mins drive) • 25 mins by car, 40 mins by train to Durham

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25%
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4.5%
Monthly Payment-
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Purchase Costs
Total Price£204,995
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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Purchase Costs
Total Price£204,995
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
55/100
ChallengingModerateGoodExcellent
Affordable price point
Limited international transport links
Growing local market

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£204,995
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 £1,093/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£238,570
+£33,575 projected gain
5-Year Rent Forecast
£1,599/mo
Based on 7.9% annual growth
Price per Sq Ft£216
Annual Rent Income£13,116
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£238,570
5yr
£277,643
10yr
£323,117
15yr
£376,038
20yr
£437,626
25yr
Current: £204,995

Monthly Rental Income

Based on 7.9% annual growth
£1,599
5yr
£2,338
10yr
£3,419
15yr
£5,001
20yr
£7,314
25yr
Current: £1,093/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

Durham
40 mins
25 mins
Newcastle
1h 15m
50 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
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 Good
Afternoon Good
Evening Moderate
Bedrooms
Morning Moderate
Afternoon Good
Evening Low

Location Scores

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

Future Developments Nearby

Residential+Positive Impact
Harrington Grange Expansion
On-siteEst. 2025
Commercial and InfrastructureModerate Positive Impact
Durham City Regeneration Project
6 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£204,995
AvailableNB0000037508
View Location Analytics

The Windermere

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
2
Bedrooms
2
Bathrooms
950
Est. Sq ft
detached
Type
Available Plot Numbers
398
1 plot(s) available
Ownershipfreehold

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£204,995The Windermere

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The Windermere
The WindermereHoughton le Spring£204,995

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