Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

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 provides a spacious living room, a well-appointed kitchen/dining area, and a convenient downstairs WC. Upstairs, the bedrooms are complemented by a full bathroom, making it ideal for small families or professionals seeking comfort and practicality. The rear garden faces south-east, ensuring good natural light throughout the day.

Situated within easy reach of Newcastle and Durham, this property benefits from excellent transport links and local amenities. The community is supported by reputable schools, parks, and shopping facilities, making it a great choice for families and commuters alike. With a competitive price point of £194,995, The Windermere offers excellent value in a growing residential area.

Property Features

This end-terrace home boasts two well-sized bedrooms and two bathrooms, including a downstairs WC for added convenience. The spacious living room provides a comfortable area for relaxation, while the kitchen/dining room is ideal for family meals and entertaining. The south-east facing garden ensures plenty of natural light, enhancing the overall living experience. Additional storage space under the stairs adds practicality to the layout.

End-terraceTwo bedroomsTwo bathroomsDownstairs WCSouth-east facing gardenSpacious living room+2

Local Amenities

The property is well-served by local amenities including several primary schools such as Houghton-le-Spring Primary and St Michael's RC Primary, making it suitable for families with young children. Houghton-le-Spring Train Station provides convenient access to Newcastle and Durham, supporting daily commutes. Shopping needs are met by nearby Tesco Superstore, while Herrington Country Park offers ample green space for outdoor activities. Local healthcare and frequent bus services further enhance the convenience of this location.

Houghton-le-Spring Primary SchoolSt Michael's RC Primary SchoolHoughton-le-Spring Train StationTesco SuperstoreHerrington Country ParkLocal GP Surgery+1
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£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
68/100
ChallengingModerateGoodExcellent
Affordable entry price
Good local amenities
Limited international transport links

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£191
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 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 Excellent
Afternoon Good
Evening Moderate
Kitchen/Dining room
Morning Good
Afternoon Excellent
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
Evening Low
Bedroom 3/Study
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...

£194,995
AvailableNB0000016245
View Location Analytics

The Windermere

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
2
Bedrooms
2
Bathrooms
1,020
Est. Sq ft
end terrace
Type
Available Plot Numbers
364
1 plot(s) available
Ownershipfreehold

Request Information

£194,995The Windermere

Enquire About This Property

The Windermere
The WindermereHoughton le Spring£194,995

Property Assistant

Ask me anything