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About This Property

Discover what makes this home special

The Moresby is a beautifully designed 3-bedroom semi-detached home situated in the sought-after Old Durham Gate development in Durham. Offering contemporary living spaces, this property is ideal for families or professionals seeking a modern home in a vibrant community. The spacious kitchen/dining area opens onto a south-west facing garden, perfect for entertaining or relaxing, while the lounge provides a cozy retreat. Upstairs, the master bedroom boasts an en-suite, complemented by two additional bedrooms and a family bathroom.

Property Features

This property offers a range of modern features including a south-west facing garden for optimal sunlight, an en-suite master bedroom, and a contemporary kitchen/dining area with integrated appliances. The spacious lounge creates a welcoming atmosphere, and the home benefits from energy-efficient construction and a 10-year NHBC warranty.

South-West Facing GardenEn-Suite Master BedroomModern Kitchen/Dining AreaSpacious LoungeNHBC WarrantyEnergy-Efficient Design

Local Amenities

Located in the thriving Old Durham Gate development, this property is surrounded by excellent amenities. Families will appreciate the proximity to outstanding schools, while professionals benefit from easy access to Durham Train Station. Nearby parks and green spaces provide opportunities for outdoor activities, and a range of supermarkets, restaurants, and healthcare facilities ensure convenience.

SchoolsTrain StationSupermarketsParksRestaurantsHealthcare
Durham Train Station Train Station (2.5 miles, 8 mins drive) • 15 mins by train to Newcastle

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£272,995
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£272,995
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

Excellent Opportunity
80/100
ChallengingModerateGoodExcellent
Strong rental demand
Proximity to transport links
Energy-efficient design

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£272,995
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
6.4%
Based on £1,450/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£335,346
+£62,351 projected gain
5-Year Rent Forecast
£1,722/mo
Based on 3.5% annual growth
Price per Sq Ft£260
Annual Rent Income£17,400
10-Year ROI255%
Break-Even Point14 yrs

Property Value Projection

Based on 4.2% annual growth
£335,346
5yr
£411,938
10yr
£506,023
15yr
£621,597
20yr
£763,568
25yr
Current: £272,995

Monthly Rental Income

Based on 3.5% annual growth
£1,722
5yr
£2,045
10yr
£2,429
15yr
£2,885
20yr
£3,427
25yr
Current: £1,450/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

St Margaret's CofE Primary SchoolPrimary
Outstanding0.6 miles
Durham Johnston Comprehensive SchoolSecondary
Outstanding1.5 miles
Neville's Cross Primary SchoolPrimary
Good0.8 miles
Belmont Community SchoolSecondary
Good2.1 miles

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 Moderate
Afternoon Excellent
Evening Good
Kitchen/Dining
Morning Good
Afternoon Excellent
Evening Moderate

Location Scores

70
Walk Score
Very Walkable
60
Transit Score
Good Transit
65
Bike Score
Bikeable

Area Vibe

Family-Friendly
Green Spaces
Excellent Schools

Connectivity

Broadband Speed
100 Mbps
FTTP (Full Fibre)
Excellent
Mobile Signal
Excellent
EE, Vodafone, O2

Portfolio Analysis

85
Portfolio Fit Score
Excellent Investment Match
Risk LevelLow
Liquidity
80%
Market DemandHigh Demand
This property shows strong fundamentals with low risk and high demand - ideal for conservative investors.
£272,995

Moresby

Durham, Durham DH1 2DX
3
Bedrooms
2
Bathrooms
1,050
Sq Ft
semi detached
Type

Property Grades

Amenities88
Features90
Growth85
Yield84
Connect87
Transport83
Future86
Location89
Overall88

Developer

Barratt Homes
Available Plot Numbers
200
1 plot available
Ownershipfreehold

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