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About This Property

Discover what makes this home special

The Windermere is a charming end-terrace home located in the desirable Houghton le Spring area, offering a perfect blend of modern living and community atmosphere. This two-bedroom, two-bathroom property is ideal for first-time buyers or small families seeking a comfortable and functional living space. The ground floor features a spacious living room and a kitchen/dining area with access to the rear garden, while upstairs offers two well-sized bedrooms and a family bathroom, plus a versatile third room that can serve as a study or additional bedroom.

Situated within a friendly neighbourhood, The Windermere benefits from proximity to local amenities, schools, and transport links, making commuting and daily errands convenient. The rear garden faces south-east, providing pleasant morning and early afternoon sunlight, perfect for outdoor relaxation. With a competitive price point of £194,995, this property presents a great opportunity to own a home in a growing community with strong future prospects.

Property Features

The Windermere offers a well-planned layout with two main bedrooms and an additional study/bedroom space, ideal for flexible living arrangements. The property includes two bathrooms, one being a ground floor WC and a first-floor family bathroom, enhancing convenience for residents and guests. The kitchen/dining room opens onto the garden, allowing natural light and easy access for outdoor activities. The end-terrace position provides added privacy and a quieter setting compared to mid-terrace homes.

End-TerraceTwo BedroomsTwo BathroomsSouth-East Facing GardenKitchen/Dining RoomLiving Room+4

Local Amenities

The property is well-served by a range of local amenities, including reputable schools such as Houghton-le-Spring Primary School and St Michael's Church of England Academy, making it attractive for families. The nearby Tesco Superstore and local shops cater to everyday needs, while green spaces and parks provide recreational opportunities. Transport links are accessible with Houghton-le-Spring Train Station just over a mile away, facilitating easy travel to Newcastle and Durham. Community facilities including a medical centre and community centre further enhance the quality of life in this area.

Houghton-le-Spring Primary SchoolSt Michael's Church of England AcademyHoughton-le-Spring Train StationTesco SuperstoreLocal ParksMedical Centre+1
Houghton-le-Spring Train Station (1.3 miles, 5 mins drive) • 25 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£194,995
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£194,995
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
Limited direct international transport links
Stable local rental demand
Growing community with regeneration plans

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£194,995
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 £1,040/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£226,932
+£31,937 projected gain
5-Year Rent Forecast
£1,521/mo
Based on 7.9% annual growth
Price per Sq Ft£205
Annual Rent Income£12,480
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£226,932
5yr
£264,099
10yr
£307,355
15yr
£357,694
20yr
£416,278
25yr
Current: £194,995

Monthly Rental Income

Based on 7.9% annual growth
£1,521
5yr
£2,225
10yr
£3,254
15yr
£4,758
20yr
£6,959
25yr
Current: £1,040/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
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 Good
Afternoon Moderate
Evening Low
Kitchen/Dining Room
Morning Excellent
Afternoon Good
Evening Moderate

Location Scores

60
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
50
Bike Score
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

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£194,995
AvailableNB0000016244
View Location Analytics

The Windermere

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
2
Bedrooms
2
Bathrooms
950
Est. Sq ft
end terrace
Type
Available Plot Numbers
352
1 plot(s) available
Ownershipfreehold

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£194,995The Windermere

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The Windermere
The WindermereHoughton le Spring£194,995

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