About This Property

Discover what makes this home special

The Grasmere is a charming detached family home located within the thriving Harrington Grange development in Chester-le-Street. Offering three well-proportioned bedrooms and two bathrooms, including an en-suite to the master bedroom, this property combines practical living with modern comforts. The spacious kitchen/dining area opens onto the rear garden, perfect for entertaining and enjoying natural light throughout the day. The integral garage and ample storage add to the convenience of this home.

Situated in a peaceful residential area, The Grasmere benefits from excellent connectivity to nearby towns and cities, including Newcastle and Durham, making it ideal for commuters. The surrounding community offers a range of amenities, including schools, parks, and shopping facilities, providing a balanced lifestyle for families and professionals alike.

Property Features

This detached home features three bedrooms, including a master with en-suite, providing comfortable accommodation for families. The open-plan kitchen and dining room create a social hub with direct access to the garden, ideal for indoor-outdoor living. Additional benefits include an integral garage, downstairs WC, and multiple storage cupboards to maximize space efficiency.

Detached3 Bedrooms2 BathroomsEn-suiteIntegral GarageKitchen/Dining Room+3

Local Amenities

Residents of The Grasmere enjoy close proximity to reputable schools such as Chester-le-Street Primary and St. Bede's Catholic School, ensuring quality education options. Shopping needs are well catered for with a nearby Tesco Superstore and various local shops. Leisure and recreational facilities include the Chester-le-Street Leisure Centre, Riverside Park for outdoor activities, and Lumley Castle Golf Club. A selection of pubs and restaurants provide diverse dining experiences within easy reach.

Chester-le-Street Primary SchoolSt. Bede's Catholic SchoolTesco SuperstoreChester-le-Street Leisure CentreLumley Castle Golf ClubRiverside Park+1
Chester-le-Street Train Station (1.3 miles, 5 mins drive) • 20 mins by train to Newcastle upon Tyne

Estimate Calculator

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25%
25
4.5%
Monthly Payment-
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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-
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Compare Rates
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
60/100
ChallengingModerateGoodExcellent
Affordable property price
Limited direct international transport links
Good rental demand from local professionals

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£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£253
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
20 mins
30 mins
Durham
10 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 Excellent
Afternoon Moderate
Evening Low
Kitchen/Dining room
Morning Good
Afternoon Good
Evening Moderate
Bedroom 1 (Master)
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

Residential+Positive Impact
Harrington Grange Expansion
On-siteEst. 2025
Commercial & Retail+Positive Impact
Chester-le-Street Town Centre Regeneration
1.5 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£239,995
AvailableNB0000037514
View Location Analytics

The Grasmere

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
950
Est. Sq ft
detached
Type
Available Plot Numbers
411
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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