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See how verdicts work3-bedroom flat · DL13 3DP
Listing removedReduced £375k (−51.7%) on 30 JulListed 455 days
Opportunity summary
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About
Occupying the ground floor of an elegant Victorian residence dating from 1865, this exceptional apartment offers generously proportioned single-level living, complemented by an impressive private side and rear garden, as well as access to an expansive communal lawned garden to the front.
The property is approached via an imposing original Victorian timber entrance door, opening into a welcoming communal hallway featuring polished wooden flooring and decorative wall panelling.
This impressive entrance serves the two ground-floor apartments and leads to a magnificent period staircase ascending to the first-floor residences.
Within the apartment, a generous private reception hall provides access to the principal living accommodation, including the lounge, kitchen/dining room, family bathroom and three well-appointed double bedrooms.
The spacious kitchen/dining room is thoughtfully designed for both everyday living and entertaining.
The fitted kitchen features granite worktops, a traditional 1.5 Belfast sink, a gas range cooker with extractor hood, and an American-style fridge freezer.
There is ample space for a family dining table, while attractive wooden flooring enhances the room's character.
Positioned on the Eastern elevation, the kitchen enjoys direct access to the private side garden through an elegant timber door with double glazed panels.
The beautifully proportioned lounge enjoys an abundance of natural light thanks to its striking dual-aspect bay windows, complete with timber-framed double glazing.
Overlooking the front of the property, this inviting reception room offers a bright and welcoming space in which to relax.
The principal bedroom is privately situated to the rear of the apartment and is accessed via a vestibule incorporating a generous built-in storage cupboard.
This impressive suite benefits from dual-aspect timber-framed double-glazed windows, together with glazed doors opening onto a charming Juliet balcony overlooking the private side garden.
The en-suite shower room is fitted with a high-quality suite comprising a corner shower enclosure, wash hand basin and WC.
Bedrooms two and three are also located at the rear of the property and are both generously proportioned doubles.
Bedroom three is currently arranged as a study and enjoys attractive views across the private rear garden.
Externally, the property's outstanding private side and rear gardens are accessed via an elegant wrought-iron gate and provide a wonderful extension of the living space.
Beautifully landscaped, the gardens feature multiple seating areas, a paved patio, mature planting, and a flagstone pathway leading to an additional seating area and a timber garden shed.
Residents also enjoy use of the substantial south-east-facing communal front garden, an attractive lawn bordered by mature trees that enhances the setting of this distinguished period home.
Ample off-road parking is provided on the generous gravel driveway to the front of the property, offering convenient parking for both residents and visitors.
This is a rare opportunity to acquire a characterful apartment within a distinguished Victorian residence, combining elegant period features with spacious accommodation and exceptional private outdoor space.
For further information or to arrange a viewing, please contact our office at your earliest convenience. Agent Notes The property is leasehold with approximately 978 years remaining.
Although no ground rent is payable there is an annual service charge payable to the management company, this can be paid monthly. The current annual service charge is £2,547.32.
The service charge is paid as a contribution to services, repairs, maintenance, and insurance of the building and communal areas.
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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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.
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FAQ
About 10, Leazes Lane, Bishop Auckland
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