Sign Up to Continue

Create a free account to access this content.

About This Property

Discover what makes this home special

The Picktree is a stunning new-build apartment located in the sought-after area of Houghton Gate, Chester Le Street, County Durham. This contemporary two-bedroom, two-bathroom property offers a perfect blend of modern design and functional living spaces. The open-plan kitchen/dining area seamlessly connects to the living room, creating an inviting space for relaxation and entertaining. Both bedrooms are generously sized, with the master bedroom featuring an en-suite for added convenience. The apartment is thoughtfully designed with ample storage, ensuring practicality without compromising on style. Situated in a vibrant community, The Picktree is ideal for first-time buyers, professionals, and investors seeking a premium property in a prime location.

Property Features

This property boasts a range of modern features designed for comfortable living. The open-plan kitchen and living area provide a spacious and welcoming environment, perfect for hosting guests or enjoying quiet evenings at home. The en-suite master bedroom offers privacy and convenience, while the contemporary kitchen is equipped with high-quality fittings and appliances. The apartment includes ample storage solutions, ensuring a clutter-free living space. Built with energy efficiency in mind, The Picktree is a sustainable choice that meets the needs of modern living.

Open-plan livingEn-suite master bedroomContemporary kitchenAmple storageModern bathroomEnergy-efficient design+3

Local Amenities

The Picktree is ideally situated close to a range of local amenities. Families will appreciate the proximity to highly-rated schools such as Houghton Le Spring Primary School. Commuters benefit from excellent transport links, including Chester Le Street Station, providing easy access to Durham, Newcastle, and beyond. For leisure and recreation, Riverside Park offers picturesque green spaces, while nearby Tesco Superstore and local cafes ensure convenience for daily needs. The vibrant Durham City Centre is just a short drive away, offering a wealth of cultural, dining, and shopping experiences.

Houghton Le Spring Primary SchoolChester Le Street StationRiverside ParkTesco SuperstoreLocal cafesRestaurants+3
Chester-le-Street Station Train Station (2.1 miles, 6 mins drive) • 15 mins by train 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

Good Opportunity
72/100
ChallengingModerateGoodExcellent
Strong rental demand
Proximity to transport links
Energy-efficient design

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 £950/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
£1,128/mo
Based on 3.5% annual growth
Price per Sq FtTo Be Confirmed
Annual Rent Income£11,400
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
£1,128
5yr
£1,340
10yr
£1,592
15yr
£1,890
20yr
£2,245
25yr
Current: £950/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

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Nearby Schools

Houghton Primary SchoolPrimary
Good0.5 miles
Lumley Junior SchoolPrimary
Outstanding1.2 miles
Park View SchoolSecondary
Outstanding1.8 miles
Durham High School for GirlsSecondary
Good3.5 miles
St Robert of Newminster Catholic SchoolSecondary
Good4.0 miles

Commute Time Planner

Newcastle upon Tyne
15 mins
20 mins
Durham
10 mins
15 mins
Sunderland
25 mins
20 mins

Location Scores

72
Walk Score
Very Walkable
65
Transit Score
Good Transit
58
Bike Score
Bikeable

Area Vibe

Family-Friendly
Green
Good Schools

Connectivity

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

Future Developments Nearby

Commercial+Positive Impact
Houghton Town Centre Regeneration
1.0 mileEst. 2025
Recreational+Positive Impact
Riverside Greenway Project
0.8 milesEst. 2024
* Information based on local planning applications and may be subject to change

Portfolio Analysis

70
Portfolio Fit Score
Good Investment Match
Risk LevelLow
Liquidity
75%
Market DemandModerate Demand
This property offers a balanced risk-reward profile suitable for most investment portfolios.
To Be Confirmed

The Picktree

Houghton Gate, Chester Le Street, Durham, County Durham, DH3 4EB
2
Bedrooms
2
Bathrooms
750
Sq Ft
apartment
Type

Property Grades

Amenities65
Features72
Growth60
Yield68
Connect70
Transport65
Future62
Location67
Overall68

Developer

Bellway
Ownershipfreehold

Request Information