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About This Property

Discover what makes this home special

Welcome to The Slater, a beautifully designed semi-detached home in the heart of Houghton le Spring. This contemporary property offers a perfect blend of style and functionality, ideal for first-time buyers, young families, or downsizers. With two spacious bedrooms, including a master with an en-suite, and a modern family bathroom, this home is thoughtfully designed for comfortable living. The ground floor features an open-plan living/dining area, a sleek fitted kitchen, and a convenient cloakroom.

Situated in a peaceful and family-friendly neighborhood, The Slater benefits from excellent local amenities, including top-rated schools, green spaces, and convenient transport links to Newcastle, Sunderland, and Durham. With its energy-efficient design, NHBC warranty, and modern finishes, this property provides a fantastic opportunity to own a brand-new home in a thriving community.

Property Features

The Slater offers a range of modern features designed for contemporary living. The energy-efficient design ensures lower utility bills and a reduced carbon footprint, while the NHBC warranty provides peace of mind. The spacious master bedroom with an en-suite adds a touch of luxury, and the open-plan living/dining area is perfect for entertaining or family time. A modern fitted kitchen, ground floor cloakroom, and private garden complete this stylish and practical home.

Energy-efficient designNHBC warrantyMaster bedroom with en-suiteOpen-plan living/diningModern fitted kitchenGround floor cloakroom+2

Local Amenities

The Slater is located in a vibrant area with excellent amenities. Families will appreciate the proximity to top-rated schools and green spaces, while local shops and restaurants provide convenience and variety. The area is well-connected with reliable transport links to nearby cities, making commuting a breeze. Healthcare facilities and other essential services are also easily accessible, ensuring a comfortable and convenient lifestyle.

SchoolsShopsParksRestaurantsTransport linksHealthcare facilities
Houghton-le-Spring Station Train Station (3.5 miles, 10 mins drive) • 25 mins by car, 35 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

Excellent Opportunity
80/100
ChallengingModerateGoodExcellent
Strong rental demand in the area
Proximity to major cities and transport links
Energy-efficient design with NHBC warranty

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 £750/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
£891/mo
Based on 3.5% annual growth
Price per Sq FtTo Be Confirmed
Annual Rent Income£9,000
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
£891
5yr
£1,058
10yr
£1,257
15yr
£1,492
20yr
£1,772
25yr
Current: £750/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

Nearby Schools

Easington Lane Primary SchoolPrimary
Good0.2 miles
Hetton SchoolSecondary
Requires Improvement1.5 miles
St. Michael's RC Primary SchoolPrimary
Outstanding1.0 miles
Houghton Kepier AcademySecondary
Good2.0 miles
Barnwell AcademyPrimary
Good1.8 miles

Commute Time Planner

Newcastle City Centre
35 mins
25 mins
Durham City Centre
20 mins
15 mins
Sunderland City Centre
25 mins
20 mins

Location Scores

65
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
55
Bike Score
Bikeable

Area Vibe

Family-Friendly
Quiet
Green Spaces
Good Schools

Connectivity

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

Future Developments Nearby

Mixed-Use+Positive Impact
Houghton Town Centre Regeneration
1.5 milesEst. 2025
Industrial/CommercialHigh Economic Growth Impact
IAMP (International Advanced Manufacturing Park)
5 milesEst. 2024
* Information based on local planning applications and may be subject to change

Portfolio Analysis

68
Portfolio Fit Score
Good Investment Match
Risk LevelLow
Liquidity
65%
Market DemandModerate Demand
Consider this property as part of a diversified portfolio strategy.
To Be Confirmed

The Slater

Houghton le Spring, County Durham, DH5 0LY
2
Bedrooms
2
Bathrooms
850
Sq Ft
semi detached
Type

Property Grades

Amenities88
Features90
Growth85
Yield84
Connect87
Transport83
Future86
Location88
Overall88

Developer

Bellway
Ownershipfreehold

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