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About This Property

Discover what makes this home special

The Lockwood 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. With three well-proportioned bedrooms, including a master with en-suite, and two bathrooms, this property caters to families seeking comfort and functionality. The spacious living room and kitchen/dining area provide ample space for both relaxation and entertaining, enhanced by natural light flowing through well-placed windows. The rear garden faces southeast, ensuring pleasant sunlight during much of the day, ideal for outdoor activities and gardening enthusiasts.

Situated within the Herrington Grange development, Plot 349 benefits from a peaceful setting with easy access to local amenities, schools, and transport links. The property’s layout includes practical features such as a utility room and ground floor WC, adding to its family-friendly appeal. This home represents an excellent opportunity for first-time buyers, growing families, or investors looking for a solid asset in a thriving community.

Property Features

This detached property boasts a master bedroom with an en-suite bathroom, providing privacy and convenience. The utility room and ground floor WC add practical value for busy households. Spacious living and kitchen/dining areas offer flexible living spaces, perfect for family life or entertaining guests. The southeast-facing rear garden ensures good sunlight exposure throughout the day, enhancing outdoor enjoyment. Off-street parking adds convenience for residents and visitors alike.

DetachedEn-suiteUtility roomGround floor WCSpacious living roomKitchen/Dining room+2

Local Amenities

The Lockwood Corner is well-served by a range of local amenities, making daily life convenient and enjoyable. Families benefit from access to reputable schools such as Houghton Kepier Primary and Houghton-le-Spring Academy, both highly regarded in the area. Herrington Country Park offers extensive green space for recreation and leisure. Public transport links include Houghton-le-Spring Station and frequent bus services, providing easy connectivity to Sunderland city centre and surrounding areas. Nearby supermarkets and local shops cater to everyday needs, ensuring a well-rounded community environment.

Houghton Kepier Primary SchoolSt Michael's RC Primary SchoolHoughton-le-Spring AcademyHoughton-le-Spring StationHerrington Country ParkLocal supermarkets+3
Houghton-le-Spring 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
68/100
ChallengingModerateGoodExcellent
Good local schools
Reasonable transport links
Limited international profile of area
Moderate rental yield potential

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£236
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
30 mins
Durham
15 mins
20 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 Moderate
Evening Low
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
Evening Low
Bedroom 3
Morning Moderate
Afternoon Good
Evening Low

Location Scores

60
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use development+Positive Impact
Houghton Regeneration Project
0.8 milesEst. 2025
* Information based on local planning applications and may be subject to change

Loading location insights...

£259,995
AvailableNB0000016268
View Location Analytics

The Lockwood Corner

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
1,100
Est. Sq ft
detached
Type
Available Plot Numbers
349
1 plot(s) available
Ownershipfreehold

Request Information

£259,995The Lockwood Corner

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

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