2-bedroom flat · DL14 7JN
For saleListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lightfoot House is an exceptional conversion that has been thoughtfully designed to blend period character with contemporary living.
The building retains a wealth of original charm, enhanced by features such as high ceilings, large light-filled windows and solid wooden internal doors, all complemented by a high-specification finish throughout.
Apartment 5, Lightfoot House is a beautifully presented two-bedroom bungalow-style apartment, offering well-balanced accommodation including a spacious living room, separate kitchen and a modern bathroom.
Finished to an excellent standard, the property provides comfortable, low-maintenance living ideally suited to a range of buyers, particularly those looking to downsize without compromising on quality or location.
Situated on Kingsway, the property enjoys a prime town centre position, with Bishop Auckland’s marketplace just a short walk away.
A wide range of amenities are immediately accessible, including shops, cafés, restaurants and essential services, making day-to-day living both convenient and enjoyable.
Despite its central setting, the development also benefits from allocated parking, offering practicality for those commuting to surrounding towns and cities.
Further details regarding the lease are to be confirmed.
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 advisors 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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