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About This Property

Discover what makes this home special

The Lockwood Corner is a charming detached family home situated in the desirable Houghton le Spring area, offering a perfect blend of comfort and practicality. Priced at £259,995, this property features three well-proportioned bedrooms, including a master with an en-suite, and two bathrooms in total, ideal for modern family living. The spacious living room benefits from natural light and opens out to the rear garden, while the kitchen/dining room provides a versatile space for family meals and entertaining. Additional utility and WC facilities enhance the convenience of this home.

Located on plot 359 within the Herrington Grange development, The Lockwood Corner offers a peaceful setting with a south-east facing rear garden that enjoys good morning sunlight, making it a pleasant outdoor space. The property is well connected to local amenities, schools, and transport links, with Houghton-le-Spring train station just over a mile away, providing easy access to Newcastle and Durham. This home is well suited for families and professionals seeking a comfortable and well-located property in the DH4 postcode area.

Property Features

This detached home stands out with its en-suite master bedroom and additional family bathroom, providing ample facilities for a growing family. The utility room adds practical storage and laundry space, while the cloakroom WC on the ground floor enhances convenience. The south-east facing garden benefits from good sunlight during the morning hours, ideal for outdoor activities and gardening. Spacious living and dining areas create a welcoming atmosphere for both relaxation and entertaining guests.

DetachedEn-suiteUtility RoomSouth-East Garden AspectSpacious Living RoomKitchen/Dining Room+2

Local Amenities

The Lockwood Corner benefits from proximity to a range of local amenities that cater to everyday needs and leisure activities. Houghton-le-Spring train station offers convenient rail links to Newcastle and Durham, making commuting straightforward. Nearby schools such as Houghton Kepier School and St Michael's RC Primary School provide excellent education options. For recreation, residents can enjoy the nearby Penshaw Monument and Houghton Leisure Centre, while local supermarkets and shops ensure easy access to essentials. The area combines a suburban feel with practical amenities within easy reach.

Houghton-le-Spring Train StationPenshaw MonumentHoughton Leisure CentreLocal Primary SchoolsSecondary SchoolsSupermarkets+2
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£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 price point
Limited international transport links
Stable rental demand
Growing local regeneration

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£242
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
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 Excellent
Afternoon Moderate
Evening Low
Kitchen/Dining room
Morning Good
Afternoon Good
Evening Moderate
Master Bedroom
Morning Good
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
50
Transit Score
Good Transit
48
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

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

Loading location insights...

£259,995
AvailableNB0000016270
View Location Analytics

The Lockwood Corner

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
1,075
Est. Sq ft
detached
Type
Available Plot Numbers
359
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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