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166 Merry Street, Motherwell, North Lanarkshire, Scotland, ML1 1NA
£430,000 Offers over
Bedrooms
Move On are delighted to present to the market this individually built, 4 bedroom luxury detached villa in Hareshaw, Cleland - Greenhill Road.
This spacious family home has flexible living accommodation over 2 levels which includes : A bright and airy welcoming hallway and open plan lounge with fresh, neutral decor and sliding doors leading out to the composite deck; good sized kitchen with designer high gloss wall and floor units and breakfasting area; separate utility room; convenient downstairs WC; 2 x master bedrooms with ensuite bathrooms - one on the ground floor and one on the upper floor; 2 further double bedrooms, again one on each floor; and an additional study room which could alternatively be used as a 2nd lounge , games room, kids playroom or 5th bedroom. There is double glazing, and central heating is provided via an energy efficient air source heat pump.
Externally the property sits on a large plot extending to over 800 square metres, with a fantastic open outlook across farmland and the countryside. There is a long driveway wrapping around from front to back, providing off street parking for several cars, and leading to the large garden area. There is an option for any purchaser to have additional garden landscaping carried out for an additional cost.
Hareshaw, Cleland lies on the outskirts of Motherwell and is perfectly placed for those commuting to Glasgow or Edinburgh, being just a few minutes' drive from the M8 motorway, and close to Cleland train station. There are local amenities nearby in the villages of Cleland, Newarthill, Holytown and Newmains, including shops, restaurants, and schooling. Larger towns in the vicinity include Motherwell, Bellshill and Wishaw, which offer a wider range of retail and leisure facilities including Strathclyde Country Park, Golf courses such as Dalziel Park, Wishaw and Colvilles, Sports centres at Wishaw, Ravenscraig and Motherwell Aquatec, and most major supermarkets.
Lounge 3.56m (11' 8') x 3.95m (13' 0')
Kitchen 3.65m (12' 0') x 3.95m (13' 0')
Bedroom 1 3.56m (11' 8') x 5.10m (16' 9')
Ensuite 1 1.84m (6' 0') x 3.49m (11' 5')
Bedroom 2 3.56m (11' 8') x 4.42m (14' 6')
Study 3.85m (12' 8') x 3.62m (11' 11')
Bedroom 4 2.97m (9' 9') x 4.18m (13' 9')
Ensuite 1 3.26m (10' 8') x 1.69m (5' 7')
Family bathroom 2.93m (9' 7') x 2.04m (6' 8')
Bedroom 3 3.83m (12' 7') x 3.25m (10' 8')
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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