Dracan Village at Drakelow Park in Burton upon Trent
by Midland Heart Housing Association
4 bedroom houses
From £53,750 for a 25% share
(From £215,000 Full Market Value)
Burton upon Trent, Staffordshire, DE15 9UA
Shared Ownership - Brand New 3 Bedroom Houses available to buy with Midland Heart
These affordable new homes are located at Dracan Village - Drakelow Park, a popular new neighbourhood less than 4 miles south of Burton on Trent. The area offers a great choice of shops, schools and transport links within very easy reach.
• The Cedar 3 Bedroom Terrace Houses – from £53,750*
• Up to £1,000 Cashback^ on a selected plots
• Located at Drakelow Park, a new neighbourhood close to Burton on Trent
Our homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking. 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.
Price
3 Bedroom from £215,000 (100%)
25% share = £53,750* Rent = £369.53
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £19.76
Estate Charge: £3.29
Don’t miss out on these affordable homes - contact us today to find out more.
*The Price advertised is for a 25% share, it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.
^Up to £1,000 Cashback^ available on selected plots - subject to terms and conditions and only payable upon completion by specific date (dependent upon plot).
Amount advertised is subject to change. Revised prices apply to plots with solar panels. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.
^Images/photographs shown are for illustrative purposes only.
Example Shared ownership share price options
The following table shows examples of the share price range of this development at various share points
| Share | Price from |
|---|---|
| 25% share | £53,750 |
| 30% share | £64,500 |
| 35% share | £75,250 |
| 40% share | £86,000 |
| 45% share | £96,750 |
| 50% share | £107,500 |
| 55% share | £118,250 |
| 60% share | £129,000 |
| 65% share | £139,750 |
| 70% share | £150,500 |
| 75% share | £161,250 |
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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