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166 Merry Street, Motherwell, North Lanarkshire, Scotland, ML1 1NA
£315,000 Offers over
Bedrooms
SOLD BY MOVE ON
Move On are delighted to present to the market this immaculate 5 bedroom luxury detached villa in Shotts - Kirk Road.
This individually built, and beautifully presented home has spacious living accommodation over 2 levels which includes: A lovely big, front facing lounge with neutral decor and plush carpeted flooring; impressive dining kitchen, with a striking range of black high gloss wall and floor units, contrasting 'butcher-block' style worktops, laminate flooring and patio doors leading out to the rear garden; separate dining room/2nd lounge; sizeable master bedroom on the ground floor with an ensuite shower room; 4 piece fully tiled bathroom suite; and 4 bedrooms on the first floor - 3 of which have fitted wardrobes. There is gas central heating and double glazing.
Externally, the property has a generous plot, with a mature garden and 2-3 car monoblock driveway to the front, and a lovely open outlook. To the rear is another multi-car driveway leading to the double detached garage; and a private rear garden which is mostly laid to lawn and has a decked patio area.
Kirk Road is in a desirable location in Shotts, within walking distance of all the local amenities, shops, doctor surgery, community hall and train station. It is perfectly placed for those commuting being just a few moments drive to the M8 motorway providing easy access to Glasgow and Edinburgh.
Mortgage advice available - call to speak to one of our advisers.
Do you have a property to sell? The Move On team can get you on the market for sale.
Lounge 5.83m (19' 2') x 4.85m (15' 11')
2nd lounge/Dining 3.80m (12' 6') x 3.40m (11' 2')
Kitchen 6.40m (21' 0') x 4.20m (13' 9')
Bedroom 1 3.40m (11' 2') x 3.30m (10' 10')
Ensuite 2.39m (7' 10') x 1.28m (4' 2')
Bedroom 2 4.40m (14' 5') x 4.10m (13' 5')
Bedroom 3 4.20m (13' 9') x 3.40m (11' 2')
Bedroom 4 4.20m (13' 9') x 2.60m (8' 6')
Bedroom 5 4.40m (14' 5') x 2.30m (7' 7')
Bathroom 2.52m (8' 3') x 2.40m (7' 10')
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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