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About This Property

Discover what makes this home special

The Pargeter is a stunning, modern detached home located in the highly sought-after area of Durham, TS22 5WL. This newly built property boasts an exceptional design, blending contemporary style with practical family living. With four spacious bedrooms, three bathrooms, and a versatile layout, this home is ideal for growing families or those seeking a premium living experience. The open-plan kitchen and dining area provide a perfect space for entertaining, while the snug and living room offer cozy retreats for relaxation. The property also benefits from a private garden and garage, ensuring ample outdoor and storage space.

Property Features

The Pargeter offers an array of premium features designed for modern living. The open-plan kitchen and dining area create a welcoming space for family gatherings, while the utility room adds practicality to everyday life. The master bedroom includes a luxurious en-suite, and the additional bedrooms are generously sized. With a private garden and garage, this home is perfect for those seeking comfort and convenience.

Private gardenGarageOpen-plan kitchenEn-suite master bedroomUtility roomModern design+2

Local Amenities

Situated in a family-friendly area, The Pargeter enjoys proximity to outstanding schools, making it ideal for families. The nearby train station ensures excellent connectivity to major cities, while local supermarkets, parks, and healthcare facilities cater to everyday needs. A selection of restaurants and leisure options further enhance the appeal of this vibrant community.

Local schoolsTrain stationSupermarketsParksRestaurantsHealthcare facilities
Billingham Station Train Station (3.8 miles, 10 mins drive) • 40 mins by train, 45 mins by car to Newcastle upon Tyne

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total PriceTo Be Confirmed
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees (10%)-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total PriceTo Be Confirmed
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Excellent Opportunity
85/100
ChallengingModerateGoodExcellent
Strong rental demand
Proximity to major transport links
New build with premium features

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 PriceTo Be Confirmed
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
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Full Management (15%)-
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
0.0%
Based on £1,800/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
To Be Confirmed
+To Be Confirmed projected gain
5-Year Rent Forecast
£2,138/mo
Based on 3.5% annual growth
Price per Sq FtTo Be Confirmed
Annual Rent Income£21,600
10-Year ROI0%
Break-Even Point1 yrs

Property Value Projection

Based on 4.2% annual growth
To Be Confirmed
5yr
To Be Confirmed
10yr
To Be Confirmed
15yr
To Be Confirmed
20yr
To Be Confirmed
25yr
Current: To Be Confirmed

Monthly Rental Income

Based on 3.5% annual growth
£2,138
5yr
£2,539
10yr
£3,016
15yr
£3,582
20yr
£4,254
25yr
Current: £1,800/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

Location

Nearby Schools

Wolviston Primary SchoolPrimary
Outstanding1.5 miles
Northfield School and Sports CollegeSecondary
Good3.2 miles
Billingham South Community Primary SchoolPrimary
Good3.8 miles
Egglescliffe School and Sixth Form CollegeSecondary
Outstanding7.5 miles

Location Scores

50
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
55
Bike Score
Bikeable

Area Vibe

Quiet
Family-Friendly
Green Spaces

Connectivity

Broadband Speed
100 Mbps
FTTP (Fibre to the Premises)
Excellent
Mobile Signal
Excellent
EE, Three, Vodafone, O2

Portfolio Analysis

90
Portfolio Fit Score
Excellent Investment Match
Risk LevelLow
Liquidity
85%
Market DemandHigh Demand
This property shows strong fundamentals with low risk and high demand - ideal for conservative investors.
To Be Confirmed

The Pargeter

Durham, Durham TS22 5WL
4
Bedrooms
3
Bathrooms
1,600
Sq Ft
detached
Type

Property Grades

Amenities88
Features92
Growth85
Yield87
Connect84
Transport83
Future88
Location90
Overall89

Developer

Bellway
Ownershipfreehold

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