by Midland Heart Housing Association
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3 bedroom houses
£82,000 - £92,000 for a 40% share
(£205,000 - £230,000 Full Market Value)
Burton upon Trent, Staffordshire, DE13 9QW
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A small number of Brand New 2 & 3 Bedroom Houses available to buy on Shared Ownership.
Located on a new Bloor Homes development called Outwood Meadows just 2 miles from the centre of the popular market town of Burton-on-Trent.
• 2 Bedroom Semi-detached Houses from £82,000 for a 40% share*
• 3 Bedroom Mid Terraced House from £92,000 for a 40% share*
• Available on new Shared Ownership scheme with 990 year lease
• Located just 2 miles from the centre of town
Our homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking.
Located just 2 miles from Burton-on-Trent town centre which offers a good choice of
of amenities such as supermarkets, restaurants, bars, a large indoor shopping centre ‘Coopers Square’, indoor and outdoor markets, local buses and a train station.
Situated in Burton’s Outwoods area, these new homes are close to the north-western, urban edge of town but also near plenty of green open space. Outwood Meadows will enjoy a range of amenities within the development, including walking and cycling routes, open space, play area, a community hub and much more.
Prices
2 Bedrooms £205,000 (100%)
40% share from £82,000 Rent = £281.88
3 Bedrooms £230,000 (100%)
40% share from £92,000 Rent = £316.25
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £12.93 (2 bed); £14.76 (3 Bed)
Service/Estate Charge: £8.75
Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder. It is great if you have limited savings, as you only need a deposit for the share you buy.
*Our homes are advertised at 40% although alternative shares are available upon request & will be determined by the applicant’s affordability. There are opportunities to buy more shares to own 100% of the property in the future Amount advertised is subject to change.
An additional monthly rental charge applies that includes rent, buildings insurance and management charge but excludes any mortgage payment.
^Any Images/Photographs shown are for illustrative purposes only & simply represent a typical example of this house type.
>Floor plans depict a typical layout of this house type and are for illustrative purposes only. They are not intended to be used for carpet sizes, appliance sizes or items of furniture. For exact plot specification, please speak with our Sales Adviser. Some properties will be a mirror image of the plan shown.
The following table shows examples of the share price range of this development at various share points
| Share | Lower price | Upper price |
|---|---|---|
| 40% share | £82,000 | £92,000 |
| 45% share | £92,250 | £103,500 |
| 50% share | £102,500 | £115,000 |
| 55% share | £112,750 | £126,500 |
| 60% share | £123,000 | £138,000 |
| 65% share | £133,250 | £149,500 |
| 70% share | £143,500 | £161,000 |
| 75% share | £153,750 | £172,500 |
Are we missing any purchase information? Contact the developer
Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.
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