About This Property

Discover what makes this home special

The Derwent Corner is a charming detached family home located within the Herrington Grange development in Durham. This thoughtfully designed property offers three well-proportioned bedrooms, including a master with en-suite facilities, and two bathrooms in total, making it ideal for growing families or professionals seeking comfortable living space. The ground floor features a spacious living room, a modern kitchen/dining area with direct access to the garden, a utility room, and a convenient WC, blending functionality with style.

Situated in a peaceful residential neighbourhood, The Derwent Corner benefits from proximity to Durham city centre, offering an excellent balance between tranquil suburban living and urban convenience. The south-east facing garden ensures pleasant sunlight throughout the day, enhancing outdoor enjoyment. With good transport links and local amenities close by, this property represents a fantastic opportunity for both homeowners and investors alike.

Property Features

This detached home boasts three bedrooms including a master with en-suite, providing privacy and comfort. The modern kitchen/dining room is spacious and bright, complemented by a handy utility room and a downstairs WC for convenience. The south-east facing garden enjoys good sunlight, perfect for outdoor living. Additional benefits include double glazing and off-street parking, ensuring comfort and practicality.

DetachedThree BedroomsTwo BathroomsEn-suiteUtility RoomSouth-East Garden+3

Local Amenities

Located just a short drive from Durham city centre, the property offers easy access to a wide range of amenities including shops, supermarkets, and eateries. Excellent educational facilities such as Dragonville Primary School and Durham University are nearby, making it suitable for families and students. Herrington Country Park provides ample green space for recreation. Public transport options are available but limited, with bus stops serving the local area and Durham Railway Station accessible within 10 minutes by car.

Durham City CentreDurham Railway StationDurham UniversityDragonville Primary SchoolBelmont Community CentreHerrington Country Park+4
Durham Railway Station Train Station (3.5 miles, 10 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£254,995
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£254,995
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
65/100
ChallengingModerateGoodExcellent
Growing regional market
Limited international transport links
Good rental demand from students and 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£254,995
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 £1,360/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£296,759
+£41,764 projected gain
5-Year Rent Forecast
£1,989/mo
Based on 7.9% annual growth
Price per Sq Ft£248
Annual Rent Income£16,320
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£296,759
5yr
£345,363
10yr
£401,928
15yr
£467,757
20yr
£544,367
25yr
Current: £254,995

Monthly Rental Income

Based on 7.9% annual growth
£1,989
5yr
£2,909
10yr
£4,255
15yr
£6,223
20yr
£9,101
25yr
Current: £1,360/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
40 mins
Darlington
15 mins
20 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 Excellent
Evening Moderate
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Infrastructure+Positive Impact
Durham City Sustainable Transport Plan
2 milesEst. 2025
Residential+Positive Impact
Herrington Grange Expansion
On-siteEst. 2027
* Information based on local planning applications and may be subject to change

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£254,995
AvailableNB0000037517
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The Derwent Corner

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
1,030
Est. Sq ft
detached
Type
Available Plot Numbers
76
1 plot(s) available
Ownershipfreehold

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£254,995The Derwent Corner

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The Derwent Corner
The Derwent CornerHoughton le Spring£254,995

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