3 bedroom barn conversion for sale

£1,000,000

3

Bedrooms

5

Bathrooms

1

Reception

Floorplan

Welcome to Mulberry House, a stunning 3-bedroom stone barn conversion located in the heart of Gower, Oldwalls. Set within over 4 acres of beautifully maintained grounds, this South-facing property offers breathtaking views of the Gower countryside, Cefn Bryn, and Authors Stone. Converted in 2017, Mulberry House is the perfect retreat for those seeking tranquillity, with all the natural beauty and charm of Gower right on your doorstep.Oldwalls and its surrounding villages offer the quintessential Gower experience, known for its rolling landscapes, unspoiled beaches, and historic landmarks. Explore the nearby Cefn Bryn, the spine of Gower, offering stunning walks and panoramic views of the peninsula. For a taste of village life, the local communities are dotted with traditional pubs, cafes, and craft shops, with popular spots like Llanrhidian and Reynoldston just a short drive away. Gowers world-renowned beaches, such as Rhossili and Three Cliffs Bay, are also easily accessible, providing endless opportunities for coastal adventures.Let us explore in more detailMulberry House is not only beautiful but also eco-conscious, featuring solar panels and an air-source heat pump that make the home highly energy-efficient. Throughout the property, underfloor heating with individual thermostats in each room ensures a comfortable living environment year-round. Every detail is finished to the highest standard, with oak doors, skirtings, and windowsills adding a touch of rustic elegance. The home also benefits from outline planning permission to extend, allowing for an additional reception room, a principle room with en-suite, and a detached double garage with a workshop.ApproachAfter you journey along the charming hamlet of North Gower, you approach Mulberry House through double electric iron gates. Upon arrival, youre greeted by a brick-paved driveway and chip stone parking area with ample space for multiple cars, complete with a convenient turning circle. Beautifully presented from the moment you arrive, the property is surrounded by well-tended flower beds, mature shrubs, and plants that entice you further into this peaceful haven.Open-Plan Kitchen/Diner/LoungeStepping into the heart of the home, you are immediately welcomed by a magnificent open-plan kitchen/diner/lounge. This spectacular space boasts a vaulted ceiling with exposed oak beams which creates a stunning focal point. Dual aspect windows with oak sills offer views of the Gower countryside, including Cefn Bryn and Authors Stone, while double doors at both the front and rear connect the indoors with the expansive outdoor space. The room is finished with tiled flooring, three feature lights, wall uplighting, and a built-in Sonos sound system, perfect for entertaining or relaxing.Open-Plan Kitchen/Diner/LoungeThe kitchen is beautifully designed, with granite worktops and a range of base units. Integrated appliances include a double Rangemaster oven/grill, a 5-ring hob with hot plate, an elevated extractor fan, a LAMONA dishwasher, and a slimline wine cooler. The desirable island also features extra storage units, a breakfast bar for up to three stools, an integrated microwave and fridge, making this kitchen a dream for any home chef.This expansive open-plan area provides ample room to accommodate a large dining set and a comfortable seating area, making it the perfect family space for both relaxing and entertaining. With its generous proportions and thoughtful layout, it offers the ideal environment for gatherings, whether its hosting dinner parties or enjoying cosy evenings with loved ones.Bedroom Three with En-SuiteBedroom three is a lovely double bedroom situated at the rear of the property, offering views of the garden. The room features tiled flooring and coving, creating a fresh and airy atmosphere. The private en-suite is beautifully appointed with tiled floors and walls, a WC, wash basin, and a walk-in shower. A heated towel rail, inset shelf, mirror with shaving point, spotlighting, and an extractor fan complete the space, along with a frosted window to the rear.Family Shower RoomThe family shower room is thoughtfully designed for accessibility, featuring wheelchair access. The room is finished with tiled floors and walls, a WC, wash basin, shower, sensor-operated spotlighting, an extractor fan, and an inset shelf.Bedroom One with En-SuiteThe main bedroom is an impressive space with tiled flooring and coving. Double doors open to reveal stunning views of the grounds, Cefn Bryn, and Authors Stone. The en-suite is equally luxurious, housing a WC, wash basin, a fitted bath, and a walk-in shower. It also features a heated towel rail, spotlighting, an extractor fan, and a frosted window to the side.Bedroom Two with En-SuiteBedroom two is situated at the rear of the property and enjoys access to the patio area. This double bedroom features tiled flooring, coving, and a private en-suite. Furnished with a WC, wash basin, walk-in shower, heated towel rail, a mirror with lighting and shaving point, tiled flooring, tiled walls, spotlighting, and a frosted window to the side.One-bedroom PodEquipped with lighting, electricity, and heating, provides an ideal space for a home office or guest accommodation.Step OutsideThe grounds of Mulberry House are truly spectacular, offering over 4 acres of immaculate, south-facing space. The property features a brick-paved driveway, chip stone parking, and a turning circle, surrounded by beautiful flower beds and mature shrubs. Paved pathways wrap around the stone barn, leading to multiple outdoor seating areas, including a BBQ space and a sheltered hot tub area. The paddock is fenced with 3-bar fencing and features a picturesque pond with a bridge, creating the perfect backdrop for family photos. Additionally, the property includes external lighting, electricity, and a fenced area for discreet storage of bins and gardening equipment. To the rear you will also find an external shower room, perfect for after those long days spent exploring the Gower. Offering a WC, wash basin, and shower. For those seeking more land there is anadditional 1.3 acres available to purchase under separate negotiation.Local AreaThe local area around Mulberry House is a treasure trove of natural beauty, history, and charm. A short distance away lies the Great Salt Marsh, known for its WWII history, where it once served as a firing range.Today, it is famed for its salt-marsh lambs, grazing ponies, and an incredible variety of wintering birds.Just nearby, Weobley Castle, a medieval fortified manor, sits along the scenic Wales Coast Path. Offering breathtaking views, this 14th-century castle is a perfect spot for photography and exploring the life of the de la Bere family who once resided there. The village of Oldwalls has a quintessential charm with local restaurants like The King Arthur, Britannia Inn, and Welcome to Town, all within a 10-minute drive.The renowned beaches of Gower, including Rhossili and Three Cliffs Bay, are just 20 minutes away, offering unforgettable coastal experiences.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 818950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 25000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 68950
  • Mortgage Interest
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    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
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  • Letting Fee
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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