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About This Property

Discover what makes this home special

The Sherwood Corner is a charming detached family home located in the desirable Houghton le Spring area, offering a perfect blend of modern living and community convenience. This three-bedroom property boasts three bathrooms, including an en-suite, providing ample space and comfort for families or professionals seeking a spacious residence. The well-designed layout includes a bright kitchen/dining room with French doors opening onto the rear garden, ideal for entertaining and enjoying natural light throughout the day. The living room provides a cozy yet generous space for relaxation.

Situated on plot 306 within the Herrington Grange development, this home benefits from a south-east facing garden, ensuring a pleasant amount of sunlight during the summer months. The property is well-positioned for access to local amenities, schools, and transport links, making it a great choice for buyers looking for convenience and lifestyle. With a competitive price of £259,995, The Sherwood Corner presents excellent value in the current market.

Property Features

This detached home offers a spacious and functional design with three bedrooms and three bathrooms, including a master en-suite for added privacy. The kitchen/dining area is fitted with modern appliances and features French doors leading to the garden, enhancing indoor-outdoor living. Additional benefits include a utility room for laundry and storage, a downstairs cloakroom, and off-street parking. Double glazing throughout ensures energy efficiency and comfort year-round.

DetachedGardenEn-suiteUtility RoomKitchen/Dining RoomLiving Room+3

Local Amenities

The Sherwood Corner is located within easy reach of reputable schools such as Houghton Primary School and St Michael's CofE Academy, both known for strong community engagement and good Ofsted ratings. Transport connections are excellent, with Houghton-le-Spring Station providing rail links and multiple bus routes servicing the area, facilitating easy travel to Sunderland and Newcastle. Nearby Herrington Country Park offers extensive green space for outdoor activities, while local shops and a Tesco superstore cater to everyday needs, making this location highly convenient for families and commuters alike.

Houghton Primary SchoolSt Michael's CofE AcademyHoughton-le-Spring StationHerrington Country ParkTesco SuperstoreLocal Shops+1
Houghton-le-Spring Station Train Station (1.5 miles, 6 mins drive) • 25 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£259,995
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£259,995
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
Good local schools
Limited international transport links
Moderate rental yield

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£259,995
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 £1,387/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£302,578
+£42,583 projected gain
5-Year Rent Forecast
£2,029/mo
Based on 7.9% annual growth
Price per Sq Ft£280
Annual Rent Income£16,644
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£302,578
5yr
£352,135
10yr
£409,809
15yr
£476,928
20yr
£555,041
25yr
Current: £259,995

Monthly Rental Income

Based on 7.9% annual growth
£2,029
5yr
£2,967
10yr
£4,339
15yr
£6,346
20yr
£9,281
25yr
Current: £1,387/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 Station
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 Moderate
Afternoon Good
Evening Low
Kitchen/Dining Room
Morning Good
Afternoon Excellent
Evening Moderate
Master Bedroom
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Moderate
Evening Low
Bedroom 3
Morning Moderate
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
48
Transit Score
Some Transit
42
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

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

Loading location insights...

£259,995
AvailableNB0000016266
View Location Analytics

The Sherwood Corner

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
3
Bathrooms
930
Est. Sq ft
detached
Type
Available Plot Numbers
306
1 plot(s) available
Ownershipfreehold

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£259,995The Sherwood Corner

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The Sherwood Corner
The Sherwood CornerHoughton le Spring£259,995

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