Move On

166 Merry Street, Motherwell, North Lanarkshire, Scotland, ML1 1NA

6 bedroom detached for sale

£389,995 Offers over

6

Bedrooms

Floorplan

Move On are delighted to present to the market this stunning, larger style detached 6 bedroom luxury villa in Larkhall – Carlisle Court.

This individually built family home has spacious and flexible living accommodation over 3 levels and is finished to a high standard throughout.

On arrival at the property, there is a welcoming entrance hallway, and to the left is the main lounge which has oak flooring and skirtings, feature wall dcor and fireplace, bay window and a set of double glass doors lead to the separate dining room, and then to a fantastic sunroom. The impressive kitchen is fitted with black high gloss wall and floor units, oak worktops, tiled splashback, breakfast bar area, further space for dining, and gives access to the utility room. There is a bedroom on the ground floor which is currently used as a home office, but could alternatively be a 2nd lounge, kids playroom or cinema; and a downstairs WC. On the first floor, there is a substantial main bedroom suite with 3 sets of fitted wardrobes and an ensuite shower room. Bedrooms 2 and 3 are also on this floor, both have fitted wardrobes and one has an ensuite shower room. Heading up to the third floor, there are 2 more bedrooms – one is currently used as a games/pool room, and the other is the guest bedroom suite, again with an ensuite shower room and fitted wardrobes. As you would expect, there is gas central heating and double glazing.

Externally, there is a lawn to the front of the property, and a monoblock driveway to the front/ side, which extends beyond the double gates into the fully enclosed, South-facing rear garden, which is low maintenance block paving all round, and has a timber garage.

Carlisle Court is a highly sought after, quiet cul-de-sac location with a small selection of privately built homes in Larkhall, which has a great selection of shops, individual retailers, grocers and supermarkets for day to day shopping; as well as Merryton & Larkhall train stations which have frequent services into Glasgow. For those travelling by car, the M74 motorway is just a few moments drive. There is a larger selection of retail and leisure facilities at nearby Hamilton which is around 5-10 minutes by car.

Do you have a property to sell? The team at Move On can get you on the market - call us to book your free property appraisal and valuation.
Mortgage advice available - contact us for more information


Lounge 7.11m (23'4') x 4.09m (13'5')
Dining Room 4.09m (13'5') x 3.99m (13'1')
Kitchen / Dining 5.31m (17'5') x 3.99m (13'1')
Utility Room 2.06m (6'9') x 1.93m (6'4')
Sunroom 4.50m (14'9') x 3.38m (11'1')
Downstairs WC 2.06m (6'9') x 1.09m (3'7')
Bedroom 1 5.92m (19'5') x 3.99m (13'1')
Ensuite 1 3.10m (10'2') x 2.13m (7'0')
Bedroom 2 3.28m (10'9') x 3.10m (10'2')
Bedroom 3 4.19m (13'9') x 4.09m (13'5')
Ensuite 2 2.36m (7'9') x 2.13m (7'0')
Bedroom 4 3.25m (10'8') x 3.07m (10'1')
Bedroom 5 5.00m (16'5') x 3.35m (11'0')
Ensuite 3 2.13m (7'0') x 1.57m (5'2')
Bedroom 6 5.00m (16'5') x 4.06m (13'4')
Bathroom 3.10m (10'2') x 2.26m (7'5')

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 324445.875

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 9749.875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 31949.625
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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