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166 Merry Street, Motherwell, North Lanarkshire, Scotland, ML1 1NA
£225,000 Offers over
Bedrooms
Move On are delighted to present to the market this 3/4 bedroom duplex flat in Bothwell - Main Street.
This sizeable home has flexible and spacious living accommodation over 2 levels, which includes: A tastefully decorated lounge with carpeted flooring, feature fireplace, high ceiling, original cornice and bay window; a good sized kitchen with a range of white wall and floor units, contrasting worktops and a tiled splashback; separate dining room which could alternatively be used as a 4th bedroom; 3 generous double bedrooms - 1 on the lower floor, 2 on the upper floor - all with fitted wardrobes; a handy, separate home office room (could instead be used for storage or a walk-in wardrobe) ; and 2 shower rooms - one on each floor.
The flat features its own main door entrance at the rear of the building, but also with secure entry access from the Main St. There is a communal garden with drying green shared with the neighbour, and gated access to the garage provides off street parking.
This impressive property is located in the heart of Bothwell's Main Street, which has a fantastic selection of amenities for day to day shopping, boutique stores, restaurants and bars. Further leisure and retail facilities can be found in neighbouring towns and villages Hamilton, Blantyre and Uddingston including train stations with frequent services to Glasgow and Edinburgh. The m74 and M8 motorways are just a few minutes' drive providing easy access to the central belt and beyond.
Mortgage advice available on this property - call to speak to one of our experienced advisers.
Property to sell? the team at Move On can get you on the market.
Lounge 5.35m (17' 7') x 3.65m (12' 0')
Dining Room 5.35m (17' 7') x 2.60m (8' 6')
Kitchen 4.20m (13' 9') x 2.30m (7' 7')
Bedroom 1 4.30m (14' 1') x 4.20m (13' 9')
Downstairs Shower Room 2.66m (8' 9') x 2.53m (8' 4')
Bedroom 2 4.60m (15' 1') x 4.30m (14' 1')
Bedroom 3 3.37m (11' 1') x 3.00m (9' 10')
Upstairs Shower Room 3.00m (9' 10') x 1.10m (3' 7')
Office/Store 2.60m (8' 6') x 1.70m (5' 7')
Map location is not available for this property.
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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