About This Property

Discover what makes this home special

The Windermere is a charming detached home located in the desirable area of Houghton le Spring, offering a perfect blend of comfort and functionality. Priced at £199,995, this property boasts two well-sized bedrooms and two bathrooms, including a convenient downstairs WC and an upstairs family bathroom. The spacious living room provides a welcoming space for relaxation, while the kitchen/dining area opens onto the rear garden, ideal for entertaining and family meals. Set within the Rainton Gardens development, Plot 88 benefits from a peaceful setting with good access to local amenities and transport links.

This property is ideal for first-time buyers, small families, or those looking to downsize without compromising on space. The south-east facing garden ensures pleasant morning and early afternoon sunlight, enhancing the outdoor living experience. Its proximity to Houghton-le-Spring town centre and Newcastle upon Tyne makes it a practical choice for commuters and those seeking a balanced lifestyle.

Property Features

This detached home offers two comfortable bedrooms and two bathrooms, including a convenient downstairs WC. The spacious living room and kitchen/dining room provide ample space for family living and entertaining. The south-east facing garden enjoys good morning and early afternoon sun, perfect for outdoor activities. Additional benefits include off-street parking and modern fixtures throughout, making it a move-in ready property.

DetachedTwo BedroomsTwo BathroomsDownstairs WCSouth-East Facing GardenSpacious Living Room+3

Local Amenities

Situated in Houghton le Spring, the property is close to several well-regarded schools such as Houghton-le-Spring Primary and St Michael's RC Primary, making it suitable for families. The nearby Houghton-le-Spring train station offers easy access to Newcastle and Durham, enhancing connectivity. Local amenities include a Tesco Superstore for convenient shopping, the Houghton Leisure Centre for fitness and recreation, and Rainton Meadows Nature Reserve for outdoor enthusiasts. Frequent bus routes and local pubs add to the community feel of the area.

Houghton-le-Spring Primary SchoolSt Michael's RC Primary SchoolHoughton-le-Spring StationTesco SuperstoreHoughton Leisure CentreRainton Meadows Nature Reserve+2
Houghton-le-Spring Train Station (1.0 miles, 4 mins drive) • 25 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£199,995
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-
Purchase Costs
Total Price£199,995
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
Affordable entry price
Limited international transport links
Steady local rental demand

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£199,995
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 £1,067/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£232,751
+£32,756 projected gain
5-Year Rent Forecast
£1,561/mo
Based on 7.9% annual growth
Price per Sq Ft£194
Annual Rent Income£12,804
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£232,751
5yr
£270,871
10yr
£315,236
15yr
£366,866
20yr
£426,952
25yr
Current: £199,995

Monthly Rental Income

Based on 7.9% annual growth
£1,561
5yr
£2,282
10yr
£3,338
15yr
£4,882
20yr
£7,140
25yr
Current: £1,067/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
20 mins
Durham
15 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 Moderate
Afternoon Good
Evening Low
Bedroom 2
Morning Good
Afternoon Moderate
Evening Low
Bedroom 3/Study
Morning Moderate
Afternoon Moderate
Evening Low

Location Scores

58
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Houghton Town Centre Regeneration
0.7 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£199,995
AvailableNB0000017066
View Location Analytics

The Windermere

Houghton le Spring, Houghton le Spring DH4 6LX
Rainton Gardens
2
Bedrooms
2
Bathrooms
1,030
Est. Sq ft
detached
Type
Available Plot Numbers
88
1 plot(s) available
Ownershipfreehold

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£199,995The Windermere

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The Windermere
The WindermereHoughton le Spring£199,995

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