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166 Merry Street, Motherwell, North Lanarkshire, Scotland, ML1 1NA
£249,995 Offers over
Bedrooms
Move On are delighted to present to the market this extended 4/5 bedroom detached villa in Hamilton- Alder Avenue.
This charming home has flexible living accommodation which includes: A bright lounge with carpeted flooring, feature fireplace and dual-aspect windows; dining room; good sized kitchen with oak wall and floor units, vinyl flooring and tiled splashback; large single storey extension to the side which provides 2 further rooms - currently used as a 4th bedroom and 2nd lounge but could alternatively be utilised differently; downstairs WC; 3 bedrooms on the first floor - all with storage; and a bathroom. There is gas central heating and double glazing.
Externally there are mature gardens all round - the front is laid to lawn with shrubs and trees; a 2-3 car driveway at the side leads to the garage; and the fully enclosed rear garden has lots of privacy, lawn and paved patio.
Alder Avenue is located in the sought after Silvertonhill area of Hamilton - close to highly regarded local schooling, and within walking distance to the town centre, train and bus station. The M74 motorway is within easy reach, further connecting the M8, M74, M6 and East Kilbride Expressway. Hamilton is well served for amenities including all major supermarkets, lots of retail outlets and shopping centres, and a fantastic choice of leisure facilities including Sports centres, gyms, golf courses, tennis and Rugby clubs.
Mortgage advice available on this property - call us to speak to our mortgage adviser.
Do you have a property to sell? The team at Move On can get you on the market for sale.
Lounge 4.40m (14' 5') x 3.80m (12' 6')
Dining Room 3.00m (9' 10') x 2.80m (9' 2')
Kitchen 3.20m (10' 6') x 2.30m (7' 7')
2nd lounge 4.50m (14' 9') x 3.30m (10' 10')
Downstairs WC 2.10m (6' 11') x 1.20m (3' 11')
Bedroom 1 4.40m (14' 5') x 2.70m (8' 10')
Bedroom 2 4.40m (14' 5') x 3.90m (12' 10')
Bedroom 3 3.30m (10' 10') x 2.60m (8' 6')
Bedroom 4 3.30m (10' 10') x 2.40m (7' 10')
Bathroom 2.00m (6' 7') x 1.78m (5' 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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