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Hole in the Wall Riding School, Church Hill, Crook - Image 1
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Hole in the Wall Riding School, Church Hill, Crook

North East

£795,000
Listed on 06/06/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This equestrian property presents a unique opportunity for renovation and investment, situated just northeast of Crook in County Durham. The site encompasses a variety of features that not only enhance its current operations as a successful riding school but also open avenues for future development and value enhancement. At the heart of the estate is a three-bedroom bungalow constructed in 2007, designed with timber framing and stone cladding. This dwelling includes a spacious living and dining area, an office, and a generous loft space currently used as a games and cinema room. The accompanying timber frame chalet has served multiple purposes; while it is now utilized by the riding school as a lunchroom, it retains potential for conversion back into living quarters or other uses. The property boasts extensive equestrian facilities, including 18 indoor stables housed within a modern steel portal frame building erected in 2010. Complementing these stables are two arenas: an indoor arena measuring 35m x 18m and a well-sized outdoor arena with an all-weather surface. Additionally, there are two further outdoor arenas that enhance the functionality of this property for equestrian activities. Spread across approximately 5.15 hectares (12.73 acres), the grounds include nine paddocks alongside various outbuildings such as workshops, storage sheds, and tack rooms—all providing ample space for equipment storage or potential repurposing. The flat landscape features post-and-wire fencing with water connections available throughout the paddocks. The location offers the convenience of rural tranquility paired with accessibility to local amenities in Crook and nearby Bishop Auckland—approximately five miles to the south—along with Durham located about eight miles to the northeast. For those commuting or traveling further afield, major road links like the A68 are just under three miles away, while train stations are accessible at both Bishop Auckland and Durham. Current occupancy conditions stipulate that residents must be directly involved with Hole in the Wall Riding School; however, this opens up avenues for investors interested in either maintaining or expanding upon this established business model. Furthermore, the property benefits from mains water and electric services along with drainage via septic tank systems. With grade 4 land classifications around the estate, there’s considerable potential to enhance agricultural use or explore alternative agricultural schemes given its current registration with the Rural Payments Agency. In summary, this equestrian facility not only provides immediate operational capabilities but also embodies significant renovation potential that can be tailored to suit varying investment strategies in both residential living spaces and dynamic equestrian capabilities within a tranquil rural setting.

Investment Analysis

(DL15 area)
Area Average
£126/sq ft
Avg Rent (weekly)
£151
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DL15)

Area prices are rising by +15.4% over the last 12 months
3 year growth: 8.4%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on DL15 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

Hole in the Wall Riding School, Church Hill, Crook
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,912
Based on a loan of £596,250 over 30 years at 4.19% 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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