3 bedroom detached for sale

£599,000

3

Bedrooms

Perfectly placed on the outskirts of the popular village of Malpas you can find this immaculately presented property. Dont let the word cottage give you the impression of a small, dark, outdated residence. This home is anything but! This impressive country cottage is full of character and is light and spacious. With three bedrooms, a family bathroom, as well as downstairs shower room, separate utility area and kitchen, dining room and large living room plus gardens that go on forever this home is perfect for a growing family or those that prefer the quieter life.

The property is situated in Oldcastle, part of the Malpas and Threapwood parish, just approximately 1.5 miles from Malpas High Street. The name Oldcastle comes from the presence of an old fort that was once in the area which is believed to have been an outpost of the motte and bailey castle at Malpas.

Malpas itself has long been a popular destination for homeowners and visitors alike. With a variety of eateries and local amenities Malpas village can cater for many of your needs.

Kitchen 4.22m (13 10) x 3.00m (9 10)
A beautiful country kitchen with an oil fired Rayburn making a statement. The owner of this home surely wouldnt have the morning blues when they get to look out at their fantastic garden while drinking their morning coffee. A range of cream units provide ample storage space and the Neff electric oven and induction hob make cooking tea a breeze. A modern Gorenje by Starck extractor fan sits above. A belfast sink and granite worktops finish off this room perfectly.

Utility Area 1.65m (5 5) x 3.29m (10 10)
A great addition to any home is a separate utility area. This one sits behind the kitchen and leads on to the downstairs shower room and rear seating area. There is space for a dishwasher and washing machine and another belfast sink with Monobloc tap sits below the window over looking the rear part of the garden.

Downstairs Wet Room
This downstairs shower room will certainly help with the arguments over whose next in the bathroom. This room benefits from shower with glass partition, handbasin with mixer tap over vanity unit, w.c and large towel rail. A window with privacy glass also looks out over rear garden area.

Inner Hall 3.94m (12 11) x 2.38m (7 10)
They say first impressions are everything, well if the outside area isnt enough how about two halls to make a second impression.

Hall 2.12m (6 11) x 1.74m (5 9)
When entering the property you are greeted into the Lobby area. With tiled floor and plenty of space for shoes and coats this is a perfect spot for kicking off those muddy boots after exploring the surrounding cheshire countryside.

Impressive double glass doors then open up to allow access into the inner Hall. This room certainly shouts out HOME. From here there is an open archway into the living room, stairs leading to the first floor, and bespoke oak door leading into the kitchen. The ceiling beams have been painted white to keep the room light without hiding the feature.

Living Room 5.96m (19 7) x 3.80m (12 6)
This room could easily become your favourite room in the house. A spacious and light room perfect for curling up in front of the Clearview wood burning stove on a winters evening. The three windows allow plenty of natural light into the room and overlook the front and side garden areas. The feature ceiling beams add character and run the length of the room.

Dining Room 3.69m (12 1) x 1.66m (5 5)
From the living room the tailor-made oak door opens into the quaint Dining room at the back of the property but this room would also make a perfect home office. Patio doors lead out on the decked area at the rear of the property. This room also has oak veneer flooring.

Landing
No dark landing to be seen here! This light and airy landing leads to all three bedrooms and the family bathroom. Two windows overlook the rear garden area and allow plenty of natural light in. A cream wooden banister and rail is in keeping with the character of the property.

Bedroom 1 3.90m (12 10) x 3.38m (11 1)
A king-sized master bedroom can be found at the end of the landing with views over the rear garden area and surrounding Cheshire countryside.

Bedroom 2 3.81m (12 6) x 2.73m (8 11)
The second bedroom can be found to the front of the property with views over open fields and the properties front country garden.

Bedroom 3 3.14m (10 4) x 2.88m (9 5)
The third bedroom is currently being used as a dressing room. Although this is the smallest of the three bedrooms this room is not the typical box room that is often found in three bedroom properties!

Bathroom
A luxurious bathroom with stand alone bath with tap and shower head. The corner rainfall shower is complete with curved glass door. Space has been thought about carefully in this room with a corner w.c, vanity unit under a handbasin and built in storage. A window with privacy glass overlooks the front garden.

Front Garden
When first laying eyes on this impressive property you cant help but smile at its gardens. The land to this property can be divided into five areas - Driveway, Front garden, Side Garden and Hot Tub area, Rear decked area and the Wild Garden.

To the front of the property you will find the country garden. You follow a curved block paved or gravel path, past the pond to the cottages front door. Borders with mature shrubs line the boundary and a curved lawn area provides a peaceful area to sit in the sun.

Hot Tub
To the Side of the property you will come across the secluded, covered Hot Tub area. Who needs a spa when you have this in your own garden, unfortunately personal waiter service is not included.

Rear Seating Area
To the rear of the property is this quiet, secluded decking area with water feature. A side gate enters out onto Oldcastle Lane but this area can also be accessed through the Utility area, Dining Room or by the brick path to the side of the property.

Wild Garden
On the opposite side to the cottage you will find the wild garden. Home to the summer house, green house and its very own Cete.

Driveway and garage
The driveway divides the front garden from the Wild gardens. Double wooden gates open onto gravelled area providing ample off parking and a garage.

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

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

Mortgage Required

£ 496875

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
    £ 14975
  • 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.

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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

£ 47625
  • Mortgage Interest
    £

    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
    £
  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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