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166 Merry Street, Motherwell, North Lanarkshire, Scotland, ML1 1NA
£380,000 Offers over
Bedrooms
Move On are delighted to present to the market this impressive luxury 4 bedroom detached family home in Allanton, Shotts - Mill Road.
This individually built bungalow style home is finished to the highest of standards throughout, and has spacious, flexible living accommodation all on the one level which includes: A sizeable lounge/games room with bar area, feature wall decor and patio doors leading out to the rear garden; separate dining room/ alternative 2nd lounge or gym with laminate flooring; modern fitted kitchen with high gloss walnut oak coloured wall and floor units, contrasting worktops, central island and tiled flooring; separate utility room; a further sitting room which again has tiled flooring and another set of patio doors looking out to the garden; 4 bedrooms, all of which are generous doubles with fitted wardrobes; 4 bathrooms in total (2 ensuite), all modernised with stylish tiling and sanitary ware; sauna; lots of storage; and an integral double garage.
Externally the property sits on a very private, large corner plot (approx 1/4 acre) with mature, landscaped gardens all round. To the front there is security gates, a monoblock driveway for 5-6 cars which leads to the garage, and a large lawn area; and to the rear is a large decked patio with astro grass and drying area.
Mill Road is a quiet, desirable cul-de-sac location on the outskirts of Allanton, surrounded by just a small selection of private homes with farmland and countrywide views, but close to local amenities in both Allanton and Shotts for day to day shopping. For those commuting, the M8 and M74 are within easy reach, and by train from nearby Shotts station which has frequent services to Glasgow and Edinburgh. Neighbouring towns include Shotts, Wishaw & Harthill.
Mortgage advice available - call to speak to one of our advisers who can find the best available mortgage product for you.
Property to sell? The team at Move On can get you on the market for sale.
Bathroom 3.40m (11' 2') x 2.50m (8' 2')
Kitchen 6.72m (22' 1') x 3.69m (12' 1')
Sitting Room 4.50m (14' 9') x 3.20m (10' 6')
Lounge/Games Room 7.60m (24' 11') x 6.00m (19' 8')
Lounge / Dining 4.60m (15' 1') x 4.50m (14' 9')
Utility Room 2.60m (8' 6') x 2.60m (8' 6')
Bedroom 1 5.00m (16' 5') x 4.50m (14' 9')
Ensuite 3.08m (10' 1') x 1.40m (4' 7')
Bedroom 2 4.00m (13' 1') x 3.10m (10' 2')
Ensuite 2 2.80m (9' 2') x 1.70m (5' 7')
Bedroom 3 4.13m (13' 7') x 3.12m (10' 3')
Bedroom 4 3.60m (11' 10') x 3.40m (11' 2')
Shower Room 2.40m (7' 10') x 1.80m (5' 11')
Sauna 2.80m (9' 2') x 1.70m (5' 7')
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
166 Merry Street, Motherwell, North Lanarkshire, Scotland, ML1 1NA
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