About This Property

Discover what makes this home special

Plot 64 at Greystones offers an affordable and charming two-bedroom home located in the semi-rural outskirts of Chester-le-Street, County Durham. This thoughtfully designed property features a spacious living room, an open-plan kitchen and dining area, and a convenient downstairs WC. Upstairs, two well-proportioned bedrooms and a family bathroom provide comfortable accommodation suitable for first-time buyers, small families, or those looking to downsize. The rear garden faces south-east, ensuring pleasant morning and early afternoon sunlight, ideal for outdoor relaxation and gardening.

Situated within a growing community, the property benefits from proximity to local amenities including schools, parks, and shops, while maintaining a peaceful residential environment. Excellent transport links provide easy access to nearby Chester-le-Street train station and the vibrant city of Newcastle upon Tyne, making commuting straightforward. Future planned developments in the area promise to enhance community facilities and green spaces, adding to the appeal of this location for both homeowners and investors.

Property Features

This home features a modern open-plan kitchen and dining area that creates a welcoming space for family meals and entertaining. The living room offers ample space and natural light, complemented by a convenient downstairs WC. Upstairs, two bedrooms provide flexible accommodation, supported by a well-appointed family bathroom. The property includes practical storage solutions and provision for electric vehicle charging, reflecting contemporary living needs.

South-East Facing GardenOpen-Plan Kitchen/DiningDownstairs WCTwo BedroomsFamily BathroomEV Charger Provision+2

Local Amenities

The property is well-served by local amenities, including Greystones Primary School just a short walk away, making it ideal for families with young children. Daily shopping needs can be met at nearby Tesco Express, while leisure and outdoor activities are supported by Pelton Fell Park and various local pubs and cafes. The nearby Chester-le-Street train station offers regular services to Newcastle and Durham, enhancing connectivity for work or leisure.

Chester-le-Street Train StationGreystones Primary SchoolTesco ExpressPelton Fell ParkLocal Pubs and CafesMedical Centre
Chester-le-Street Train Station (1.7 miles, 6 mins drive) • 20 mins by train to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£127,996
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£127,996
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 entry price
Limited international transport links
Growing local community
Lower rental demand compared to major cities

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£127,996
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 £683/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£148,960
+£20,964 projected gain
5-Year Rent Forecast
£999/mo
Based on 7.9% annual growth
Price per Sq Ft£171
Annual Rent Income£8,196
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£148,960
5yr
£173,357
10yr
£201,750
15yr
£234,793
20yr
£273,248
25yr
Current: £127,996

Monthly Rental Income

Based on 7.9% annual growth
£999
5yr
£1,461
10yr
£2,137
15yr
£3,125
20yr
£4,570
25yr
Current: £683/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
25 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
Morning Good
Afternoon Good
Evening Moderate
Bedroom 1
Morning Moderate
Afternoon Good
Evening Low
Bedroom 2
Morning Good
Afternoon Moderate
Evening Low

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 (Retail and Community)+Positive Impact
Greystones Community Hub
0.3 milesEst. 2025
Environmental/Park Expansion+Positive Impact
Durham County Green Infrastructure Plan
1 mileEst. 2027
* Information based on local planning applications and may be subject to change

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£127,996
AvailableNB0000038541
View Location Analytics

Plot 64 – Greystones

Stanley, Stanley DH9 6AG
Ousterley Woods
2
Bedrooms
1
Bathrooms
750
Est. Sq ft
house
Type

Developer

Gleeson
Available Plot Numbers
64
1 plot(s) available
Ownershipfreehold

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£127,996Plot 64 – Greystones

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Plot 64 – Greystones
Plot 64 – GreystonesStanley£127,996

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