2-bedroom flat · DL14 7JN
For saleListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lightfoot House is an exceptional conversion that beautifully blends period character with contemporary design, creating a collection of distinctive, high-quality homes.
The building retains an abundance of original features including high ceilings, large light-enhancing windows, solid wooden internal doors, deep window sills and high skirting boards, while the communal hallway with its original fireplace provides an immediate sense of charm and heritage.
This impressive first-floor apartment offers spacious, well-appointed accommodation with a clear sense of quality throughout.
The standout feature is the large dual-aspect open plan living, dining and kitchen space, which is flooded with natural light and provides an ideal setting for both everyday living and entertaining.
The kitchen itself is finished to a high specification, featuring painted wood units complemented by white granite worktops, along with a range of integrated appliances including electric hob, oven, chimney-style extractor, fridge freezer and stainless steel sink with mixer tap.
There are two well-proportioned bedrooms, both benefitting from fitted storage, offering practical and flexible accommodation.
The bathroom is generously sized and finished with a contemporary white suite, comprising WC, wash hand basin, bath with shower mixer attachment and a separate shower cubicle with mains-fed shower, delivering both style and functionality.
Well suited to a variety of buyers, the apartment would particularly appeal to downsizers seeking quality town centre living, as well as investors or those looking for a turnkey holiday let opportunity.
Positioned on Kingsway, the property enjoys a prime central location, just a short walk from Bishop Auckland’s marketplace.
A wide range of amenities including shops, cafés and essential services are all within easy reach, while allocated parking ensures convenience for those commuting to surrounding areas.
Material Information Local Authority – Durham County Council Council Tax Band – Unknown Tenure – Leasehold Property Type – Apartment Property Construction – Standard Electricity Supply – Mains Water Supply – Mains Sewerage – Mains Heating – Mains gas Estimated Mobile phone coverage – EE: good, Three: outstanding, 02: outstanding, Vodafone: outstanding Estimated Broadband Download speeds – Basic: 18mb, Superfast: 80mb Rights & Easements – To be confirmed during the conveyancing process Flood risk – Very low Coastal Erosion – Not applicable Protected Trees – No Conservation area – No Planning Permission – No Accessibility – No accessibility features Mining Area – Situated in a former mining area Selective License Area – No Disclaimer No additional Material Information disclosures have been made by the vendor.
The information provided has been compiled in good faith using resources readily available online and through enquiries made with the vendor prior to marketing the property.
However, details may change after the information has been compiled and published, and Ryan James Estate Agents Ltd cannot accept liability for any changes made after compilation or for any inadvertent errors or omissions.
Ryan James Estate Agents Ltd are not legally qualified professionals, and conveyancing documentation can often be complex.
As such, we must exercise judgement when determining which details constitute “Material Information” that should be disclosed.
If any information provided, or any other matter relating to the property, is of particular importance to you, we strongly recommend that you seek independent verification from a qualified legal advisor before committing to any expenditure.
Identity Verification Requirements HMRC supervises the legal obligation for all estate agents to carry out identity checks on their customers under Anti-Money Laundering regulations.
This includes buyers once their offer has been accepted. Identity checks must be completed for each purchaser who will become a legal owner of the property.
A £30 administration fee (including VAT) is payable per individual purchaser to cover the cost of these checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Lightfoot Institute, Kingsway, Bishop Auckland, Durham, DL14
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