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Lanehead, Bishop Auckland DL13

North East

£150,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1618 sqft

Description

Nestled in an elevated position with stunning vistas over the North Pennines, this three-bedroom semi-detached house offers a remarkable opportunity for those interested in undertaking a renovation project. The property is being sold chain-free and is not suitable for mortgage financing, making it an ideal choice for cash buyers or investors eager to craft a personalized residence. With spacious rooms that foster a feeling of airiness, the home invites new owners to restore its character while maximizing its potential. The ground floor features an inviting entrance porch leading to a generous living room complete with a charming feature fireplace, as well as a sizable kitchen. On the first floor, you will find three double bedrooms accompanied by a family bathroom. The expansive south-facing garden serves as one of the property's standout features, descending from the front and revealing sweeping views of the picturesque countryside. Characterized by traditional dry stone walling encasing it on three sides, this outdoor space not only provides privacy but also offers endless possibilities for landscaping and outdoor living areas conducive to relaxation and entertainment amidst nature's beauty. Additionally, two outbuildings provide practical storage or workshop options, enhancing the potential for further development. A single garage situated along a private track allows secure parking and additional storage. This property strikes a balance between ample interior space and extraordinary outdoor settings, presenting an exceptional canvas for creative visionaries looking to establish either a tranquil retreat or an impressive family home within this scenic rural locale. Given its unique characteristics and potential, viewing early is highly advisable.

Investment Analysis

(DL13 area)

Below Market Value

This property is priced -48.2% below area average per sq ft

-48.2%
Potential saving
This Property
£93/sq ft
Area Average
£179/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£318,673
10% above area average per sq ft
Potential ROI
+27.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by -13.1% over the last 12 months
3 year growth: -11.6%
5 year growth: -7.1%
Investment Disclaimer: Analysis based on DL13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lanehead, Bishop Auckland DL13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£531
Based on a loan of £112,500 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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