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166 Merry Street, Motherwell, North Lanarkshire, Scotland, ML1 1NA
£279,995 Offers over
Bedrooms
Move On are delighted to present to the market this larger style 4 bedroom detached villa in Motherwell - Morven Drive.
This immaculate home has a lovely layout and flow, and is in true walk-in condition. The accommodation features: a bright, front facing lounge with neutral decor, wooden flooring, and a feature bay window; double glass doors lead to a separate dining room which has french doors out to the rear garden; gorgeous modern kitchen with white wall and floor units, contrasting black worktops, integrated appliances, breakfast area, and a further set of french doors to the rear; separate utility/laundry room; convenient downstairs WC; 4 double bedrooms, 2 of which have ensuite shower rooms and fitted wardrobes; and a 4 piece family bathroom suite. There is gas central heating, double glazing, and the loftspace has been partially floored for storage.
Externally to the front there Is a small lawn area, and a monoblock driveway for 2 cars which leads to the integral garage; and the rear garden is fully enclosed with a paved patio and pergola shelter, decking, and a large lawn.
Morven Drive is set within a quiet, sought after modern development in Motherwell, just outside the town centre which has a fantastic selection of retail outlets, shops bars, restaurants and major supermarkets. Both Airbles and Motherwell train station are nearby which have frequent services to Glasgow and Edinburgh and beyond; and for those commuting by car the M74 and M8 motorways are just a few minutes drive.
Do you have a property to sell? Move On can get you on the market for sale quickly!
Mortgage advice available - call to speak with one of our experienced advisers..
Lounge 4.80m (15'9') x 3.51m (11'6')
Dining Room 4.29m (14'1') x 3.51m (11'6')
Kitchen 5.00m (16'5') x 3.10m (10'2')
Downstairs WC 1.75m (5' 9') x 0.93m (3' 1')
Bedroom 1 4.50m (14'9') x 3.40m (11'2')
Ensuite 1 2.31m (7'7') x 1.80m (5'11')
Bedroom 2 4.39m (14'5') x 3.40m (11'2')
Ensuite 2 1.80m (5'11') x 1.50m (4'11')
Bedroom 3 3.40m (11'2') x 2.49m (8'2')
Bedroom 4 2.77m (9'1') x 2.49m (8'2')
Family bathroom 3.40m (11'2') x 2.01m (6'7')
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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