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About This Property

Discover what makes this home special

The Waldridge is a beautifully designed four-bedroom semi-detached home located in the sought-after area of Houghton Gate, Chester Le Street. This contemporary property offers spacious living areas, including a bright living room, an open-plan kitchen and dining/family area, and a separate dining room. Upstairs, the master bedroom boasts an en-suite bathroom, while three additional bedrooms and a family bathroom provide ample space for a growing family. The south-west facing garden ensures plenty of sunlight throughout the day, making it perfect for outdoor relaxation and entertaining.

Property Features

This property offers modern living at its finest, with a thoughtfully designed layout that prioritizes comfort and style. The open-plan kitchen and dining/family area are perfect for entertaining, while the separate dining room adds versatility. The master bedroom with en-suite provides a private retreat, complemented by three additional bedrooms and a family bathroom. The south-west facing garden is ideal for enjoying sunny days, and the property includes a garage and utility room for added convenience.

GardenGarageEn-suiteFitted KitchenUtility RoomSpacious Living Areas+2

Local Amenities

Situated in the vibrant area of Houghton Gate, this property benefits from excellent transport links, including proximity to Chester Le Street Station and Newcastle International Airport. Families will appreciate the nearby schools, such as The Hermitage Academy, and the abundance of leisure options, including Riverside Park and Chester Le Street Golf Club. Local shopping is convenient with a Tesco Superstore close by, and history enthusiasts will enjoy visiting Lumley Castle.

Newcastle International AirportChester Le Street StationLumley CastleRiverside ParkThe Hermitage AcademyTesco Superstore+1
Chester-le-Street Station Train Station (2.1 miles, 6 mins drive) • 15 mins by train to Newcastle upon Tyne

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£424,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees (10%)-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£424,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
70/100
ChallengingModerateGoodExcellent
Strong rental demand
Good transport links

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£424,995
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
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Full Management (15%)-
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
6.2%
Based on £2,200/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£522,062
+£97,067 projected gain
5-Year Rent Forecast
£2,613/mo
Based on 3.5% annual growth
Price per Sq Ft£274
Annual Rent Income£26,400
10-Year ROI248%
Break-Even Point15 yrs

Property Value Projection

Based on 4.2% annual growth
£522,062
5yr
£641,300
10yr
£787,770
15yr
£967,694
20yr
£1,188,712
25yr
Current: £424,995

Monthly Rental Income

Based on 3.5% annual growth
£2,613
5yr
£3,103
10yr
£3,686
15yr
£4,378
20yr
£5,199
25yr
Current: £2,200/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

Nearby Schools

Houghton Primary SchoolPrimary
Good0.5 miles
Lumley Junior SchoolPrimary
Outstanding1.2 miles
Park View SchoolSecondary
Outstanding1.8 miles
Durham High School for GirlsSecondary
Good3.5 miles
St Robert of Newminster Catholic SchoolSecondary
Good4.0 miles

Commute Time Planner

Newcastle upon Tyne
15 mins
20 mins
Durham
10 mins
15 mins
Sunderland
25 mins
20 mins

Sun Path & Natural Light

NESW
South-West-Facing Excellent
12h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Good
Afternoon Excellent
Evening Moderate
Kitchen
Morning Excellent
Afternoon Good
Evening Low
Dining Room
Morning Good
Afternoon Excellent
Evening Moderate

Location Scores

72
Walk Score
Very Walkable
65
Transit Score
Good Transit
58
Bike Score
Bikeable

Area Vibe

Family-Friendly
Green
Good Schools

Connectivity

Broadband Speed
100 Mbps
FTTP (Fibre to the Premises)
Excellent
Mobile Signal
Excellent
EE, Vodafone, O2, Three

Future Developments Nearby

Commercial+Positive Impact
Houghton Town Centre Regeneration
1.0 mileEst. 2025
Recreational+Positive Impact
Riverside Greenway Project
0.8 milesEst. 2024
* Information based on local planning applications and may be subject to change

Portfolio Analysis

75
Portfolio Fit Score
Good Investment Match
Risk LevelLow
Liquidity
70%
Market DemandHigh Demand
This property shows strong fundamentals with low risk and high demand - ideal for conservative investors.
£424,995

The Waldridge

Houghton Gate, Chester Le Street, Durham, County Durham, DH3 4EB
4
Bedrooms
3
Bathrooms
1,550
Sq Ft
semi detached
Type

Property Grades

Amenities68
Features72
Growth60
Yield65
Connect70
Transport62
Future55
Location68
Overall65

Developer

Bellway
Available Plot Numbers
192021
3 plots available
Ownershipfreehold

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