Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

The Markham is a spacious detached property located in a quiet residential area near Durham, offering a comfortable family living environment. Situated in a semi-rural setting, it provides a peaceful retreat while still being within reasonable reach of local amenities and transport links. The property is well-suited for families seeking a balance between countryside tranquility and accessibility to urban conveniences.

This home benefits from a large garage and open-plan living areas that maximize natural light, making it an inviting space for relaxation and entertaining. The surrounding area is characterized by green spaces and good local schools, contributing to a family-friendly atmosphere. With future regeneration projects planned nearby, the location promises steady growth and improved infrastructure.

Property Features

The Markham offers a detached layout with a large garage providing ample storage and parking. The open-plan kitchen and dining area is designed for modern living, with plenty of natural light and space for family meals. A separate living room offers a cozy retreat, while the cloakroom and utility area add practical convenience. The garden space is ideal for outdoor activities and gardening enthusiasts.

DetachedGarageOpen-plan kitchen/diningSpacious living roomCloakroomUtility area+1

Local Amenities

The property is close to several reputable schools including Durham School and Bowburn Primary, making it ideal for families. Local shops and community centers provide everyday convenience, while Durham Station offers rail links to Newcastle and Darlington. Nearby parks and green spaces such as Durham Riverside Park offer recreational opportunities. A selection of local pubs and restaurants add to the community feel and provide social venues.

Durham SchoolBowburn Primary SchoolDurham StationBowburn Convenience StoreBowburn Community CentreDurham Riverside Park+1
Durham Station Train Station (3.7 miles, 10 mins drive) • 10 mins drive to Durham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£355,000
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£355,000
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 property price
Limited direct international transport links
Good rental demand from local university and hospital staff

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£355,000
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 £1,893/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£413,143
+£58,143 projected gain
5-Year Rent Forecast
£2,769/mo
Based on 7.9% annual growth
Price per Sq Ft£418
Annual Rent Income£22,716
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£413,143
5yr
£480,809
10yr
£559,557
15yr
£651,203
20yr
£757,859
25yr
Current: £355,000

Monthly Rental Income

Based on 7.9% annual growth
£2,769
5yr
£4,049
10yr
£5,922
15yr
£8,661
20yr
£12,667
25yr
Current: £1,893/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

Floorplan

Ground Floor

Property Floorplan

Location

Commute Time Planner

Newcastle Central
22 mins
40 mins
Darlington
15 mins
25 mins

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
45
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use residential and commercial+Positive Impact
Durham Riverside Regeneration
3 milesEst. 2027
* Information based on local planning applications and may be subject to change

Loading location insights...

£355,000
AvailableNB0000024315
View Location Analytics

The Markham

Consett, Consett DH8 7DD
Fellside Gardens
4
Bedrooms
1
Bathrooms
850
Est. Sq ft
detached
Type

Developer

Miller Homes
Available Plot Numbers
117
1 plot(s) available
Ownershipfreehold

Request Information

£355,000The Markham

Enquire About This Property

The Markham
The MarkhamConsett£355,000

Property Assistant

Ask me anything