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Stone Built Cottages, Rowley, Consett

North East

£1,500,000
Listed on 20/04/2026

Property Details

Bedrooms
11
Type
Not Specified

Description

This unique offering presents a collection of five stone cottages nestled within approximately 20 acres in Rowley, County Durham, currently thriving as a holiday let business. The property has undergone extensive renovations since its acquisition in 2017, transforming it from a neglected site into a well-established and profitable venture. Significant financial investment has been directed toward essential improvements, including new roofing, flooring, and comprehensive refurbishment works. Approximately £100,000 was allocated to enhance drainage and restore traditional dry stone walls, ensuring the structural integrity and aesthetic appeal of the site. The current owners have consistently reinvested profits to elevate the property further. Each cottage is designed for comfort and functionality, featuring modern kitchens with induction hobs and sleeping arrangements for at least four guests; one cottage accommodates up to six. The outdoor spaces are equally impressive, boasting private hot tubs and ample seating areas that overlook the picturesque countryside. Additional amenities include staff facilities with an office, kitchen/laundry area, stockroom, and secure storage solutions. The property allows for expansion opportunities; potential uses could range from introducing camping or glamping facilities to hosting events such as weddings or private functions given its expansive grounds and proximity to a church. There is considerable scope for growth in this already successful business model, especially as it primarily operates during weekends and school holidays.

Investment Analysis

(DH8 area)
Area Average
£161/sq ft
Avg Rent (weekly)
£177
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £110,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DH8)

Area prices are falling by -4.4% over the last 12 months
3 year growth: +12.8%
5 year growth: +16.8%
Investment Disclaimer: Analysis based on DH8 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

Stone Built Cottages, Rowley, Consett
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£5,351
Based on a loan of £1,125,000 over 30 years at 3.97% 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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