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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 fantastic luxury 7th floor penthouse apartment in Glasgow - Wallace Street.
On arrival at the development, a security controlled entrance leads to a private keyed lift, with the top floor being exclusive to the 3 penthouse apartments. Entering the flat to a welcoming entrance hallway leads to the impressive and expansive open plan living and dining area, with laminate flooring, feature wall decor, access to the private balcony, and stunning views across the city and beyond. The kitchen is a good side with a range of light oak coloured wall and floor units; each of the 3 double bedrooms has fitted storage; and there is an ensuite shower room in the main bedroom as well as the main bathroom suite.
The property further benefits from a private, underground allocated parking space, and there is further parking available for guests. There is also a landscaped and well maintained communal courtyard garden.
Wallace Street is located in the Tradeston area of Glasgow, within easy reach of local amenities and Glasgow City Centre, shop, bars, restaurants, supermarkets, schools and universities. For those commuting, Bridge Street and West Street subway stations a are within walking distance, Argyle Street and Central Station just a little further, and there is easy access to the both the M8 and M74 motorways.
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 / Dining 8.70m (28' 7') x 5.90m (19' 4')
Kitchen 4.90m (16' 1') x 2.50m (8' 2')
Bedroom 1 3.70m (12' 2') x 2.80m (9' 2')
Ensuite 2.00m (6' 7') x 1.70m (5' 7')
Bedroom 2 4.60m (15' 1') x 2.40m (7' 10')
Bedroom 3 3.90m (12' 10') x 2.30m (7' 7')
Bathroom 2.40m (7' 10') 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.
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