8-bedroom house · DL13 1AL
For saleListed 570 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in the picturesque setting of the North Pennines National Landscape, this impressive 8 bedroom house originally built in 1874 as a Victorian school has been beautifully restored and refurbished, whilst retaining many original features.
A beautiful country house set on a generous plot of approx. 1 acre, equipped with modern conveniences.
Electric automatic gates open to a large gravel parking area for several vehicles, this unique property offers both style and practicality, making it a truly exceptional place to call home.
Stepping inside, through the original boys’ school entrance under the original school bell, the hallway leads you to the beautifully appointed living spaces.
The kitchen is a cook’s dream, equipped with electric aga stove, modern integrated appliances, wooden worksurfaces and ample storage.
Added convenience is provided with separate utility and boot rooms.
The standout feature of the property is the stunning large central lounge, featuring a multi fuel burner and mezzanine landing with exposed beams, and fantastic countryside views.
A dining room, bar and snug offer additional entertaining areas with a dedicated office providing functionality.
The first floor is home to 6 of the property’s bedrooms, with plush carpets and large windows providing stunning views of the surrounding countryside and offering tranquil retreats.
The mezzanine landing with exposed ceiling beams and internal arched window overlooks the lounge, with stairs rising to the second floor with a further two secluded bedrooms South facing lawned gardens on both the Eastern and Western sides offer extensive areas for outdoor relaxation or entertainment.
Surrounded by stone-built walls and mature trees, with fantastic views over the surrounding North Pennines.
The rear courtyard features a Belfast sink with hot and cold water taps, in addition to external power sockets.
Additional amenities include a log store and oil storage for the property’s central heating system.
An outdoor kitchen area and stone built storage buildings offer further functionality, in addition to a summerhouse providing a unique setting to enjoy the beauty of the outdoors.
Disclaimer: These particulars are intended to give a fair description of the property but do not constitute part of an offer or contract.
All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their accuracy.
No person in the employment of the seller or agent has any authority to make or give any representation or warranty in relation to this property.
We are obliged to conduct an Anti-Money Laundering (aml) check on all buyers, this is a legal requirement, it’s an online process and doesn’t affect your credit score.
We charge a fee for the aml check, which our Onboarding and Compliance Team will collect once a buyer has had an offer accepted on a property.
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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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 Lanehead Old School, Lanehead, Bishop Auckland
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