On to a winner with two homes next to Fairyhouse for €850k
19th century property includes a second house
Published 22/05/2015 | 02:30
RATOATH in County Meath is a perfect case study of the commuter explosion that took place in the counties surrounding Dublin from the 1990s onwards as families facing rising property prices moved outwards to find affordable homes.
Back in 1996, just as the last property boom was starting to take off, the population of the town was 1,000. Twenty years later it's 10,000.
And as with any fast-growing commuter town, the bulk of the homes built in the interim were three-bed semis. Like many commuter towns established in the last 20 years, families settled but those wanting to trade up have often found a shortage of larger homes.
Which brings us to Park House on the Skryne Road, five minute's walk from the town centre. This property offers an unusual range of options given that it comes with two acres of land and most particularly, that there are two good-sized houses on the property - a period five bedroom house, built in the 19th century and covered in a verdant coat of ivy, and a more recently-constructed modern three-bedroom residence.
The second property was built for an older relation who has since passed on and the property has been successfully rented out for €1,200 per month. It means that whoever pays the €850,000 tag for the Park House property, could also have a significant bite taken out of the monthly mortgage through rental.
Generations of the current family, the Moorheads, have been here since the house was built. It is thought the older property was built around 1890, but the work may have had an ever older house extended and added to.
The great grandfather of the current owners who lived here first bred horses and supplied them to the army during the first world war.
The father of the current owners was a veterinarian and with its four stables, a hay shed, an enclosed courtyard and the second house to use as an office and a surgery, this property is perfect for a practice.
Not to mention the fact that it is practically next door to Fairyhouse Race Course. Horses have been a big part of the lives of the generations which have lived here and the property would suit similarly-minded people.
Fairyhouse is of course home of the Irish Grand National and the Irish Gold Cup, and draws the racing multitudes from all over Ireland and the UK.
The main house spans 3,625 sq ft, or three times the size of an average semi. Park House is entered via a front-covered porch into the staircase hall which has mosaic tiled floors. The drawing room has a corniced ceiling and a marble fireplace and the sitting room has the same. Accessed off the drawing room is the formal dining room which has two large bay windows to bring in additional daylight and it too has a good sized marble fireplace.
The inner hall leads to the kitchen, pantry, scullery and the cloak room and boot room, while the inner hall is equipped with a range of storage cupboards.
Upstairs there are three main double bedrooms located off the central landing and the master chamber comes with its own ensuite bathroom as well as a walk-in wardrobe. There are two further bedrooms on this floor and these have built-in cupboards and wash hand basins.
What is interesting about the house is that is laid out to enable it be split into living space for two families with separate entrances on either side of the house. The smaller part would contain two bedrooms, a bathroom, a living room and its own kitchen if a new owner decides to avail of this option.
The mews house was built in 1993 and it sits behind the main courtyard. This has a large kitchen/dining room, a sitting room, a small garden room and three bedrooms with one of them fitted with an ensuite. The price is €850,000.
Skryne Road, Ratoath, Co Meath
Asking price: €850,000
Agent: Savills (01) 6634306 and DNG Ronald Duff (01) 8256671