11-bedroom house · DH8 9AQ
For saleListed 183 days
Opportunity summary
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About
This is a rare opportunity to acquire a collection of five stone-built cottages in Rowley, County Durham, currently operating as a well-established holiday let business.
Purchased by the current owners in 2017, the site has been extensively transformed from a derelict plot into the impressive and well-developed setting seen today.
Significant investment has been made throughout, including new roofs, flooring and full refurbishment works, alongside approximately £100,000 spent on drainage and the restoration of traditional dry stone walls.
Profits have been consistently reinvested, ensuring the continued enhancement of the site. The property is now being offered for sale due to the owners’ retirement.
Set within approximately 20 acres of land, spanning across four fields, the property comprises five holiday cottages, each benefitting from private hot tubs.
Each cottage is well-appointed with modern kitchens featuring induction hobs, a minimum of two bedrooms and accommodation for at least four guests, with the largest cottage sleeping up to six.
Guests can enjoy two generous outdoor seating areas – one positioned within the courtyard and a large patio to the rear, providing access to a sauna, plunge pool and outdoor BBQ areas, all enjoying open views across the surrounding countryside.
The site also benefits from two dedicated car parks, providing space for a minimum of 12 vehicles. There are also dedicated staff facilities, including an office, kitchen/laundry and stockroom.
In addition, the site includes two substantial storage containers (approximately 22ft x 12ft) and is secured with newly installed fencing as well as a gated entrance with mobile phone recognition access.
Wagtail Cottage Total Area: Approx. 50 sq. Metres Swallow Cottage Total Area: Approx. 47 sq. Metres Barn Owl Cottage Total Area: Approx. 74 sq. Metres Peewit Cottage Total Area: Approx. 71.7 sq.
Metres Red Kite Cottage Total Area: Approx. 103.6 sq Metres The business currently operates primarily across weekends and school holidays, offering clear scope for further growth.
There is potential to diversify the offering, such as introducing camping or glamping facilities, or the installation of additional lodges (subject to the necessary planning permissions).
The setting also lends itself to events, with the potential to host weddings or private functions, benefitting from the neighbouring church and expansive grounds.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 1-5, Rowley Stone Cottages, Consett
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