Available

NEW PHASE - Dracan Village - Drakelow Park, Burton on Trent

Drakelow Park, Walton Road, Burton-on-Trent, DE15 9UA

2 Bed £76,000 - 3 Bed £90,000


  • 2 Bedroom Terrace Houses : 40% share = £76,000
  • 3 Bedroom Terrace & Semi-detached Houses : 40% share = £90,000 
  • Located at Drakelow Park, near to Burton on Trent
  • Available on the new Shared Ownership scheme with a 990 year lease

Brand new homes at a new Countryside development called Dracan Village at Drakelow Park. This new neighbourhood is located next to the river Trent, 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 Price advertised is for a 40% 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.

Fixtures & Fittings we include

Oven, Hob & Hood
Downstairs WC
Bathroom with shower over bath
Gas-fired central heating
Flooring/carpets throughout
Turfed rear gardens
Allocated parking

Prices and Shares

Ivy - 2 Bedrooms £190,000 (100%)
40% share = £76,000*  Rent = £261.25

Cedar - 3 Bedrooms £225,000 (100%)
40% share = £90,000* Rent = £309.38

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £13.42 - 2 bed; £15.32 - 3 bed
Estate/Service Charge: £3.00 - 2 bed; £3.29 - 3 bed

*The Prices advertised are for a 40% 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.

 

Tell me more about shared ownership

This is a government-backed scheme where you buy a share of your home and pay rent on the remaining share. The share you can buy will range between 10% and 75%, depending on the development and what you can afford.

This means you’ll need a smaller mortgage and deposit to get you started. Click this button to find out more...

Shared ownership

How do I apply?

Register your interest by scrolling to the bottom of this page and completing the 'Contact Us' form.

Please ensure you include:

  • Your total household income
  • Your total household savings for house purchase

 

 

Tell me more about the local area

Drakelow Park has the River Trent to the North, and open fields to the South. Less than 4 miles south of Burton-upon-Trent, the location benefits from all the facilities of this market town including shops, supermarkets and popular local pubs and restaurants. The neighbouring village of Stapenhill also offers a range of amenities.

There are miles of footpaths to enjoy walking or cycling by the river within walking distance, as well as great choice of schools and transport links within very easy reach.

Burton-on-Trent railway station is 3 miles away, with regular services to Derby, Nottingham and Birmingham. East Midlands Airport is only 30 minutes away by car, while Birmingham Airport can be reached in 35 minutes.

The Ivy 2 Bed Floor Plan

pdf - 82Kb

The Cedar 3 Bed Floor Plan

pdf - 83Kb

Site Plan

pdf - 286Kb

New Shared Ownership Lease

pdf - 3681Kb

A typical Shared Ownership property with Midland Heart

Take a look at one of our shared ownership properties

The best way to get in touch is to complete the 'Contact Us' form below.
You can also call us on 0800 44 55 67.
If you wish to register your interest please ensure you include:
Your total annual household income
Your total household savings for house purchase

Contact Us

This is for potential purchasers to contact the sales team. We'll use this information to update and arrange viewings. Please note, you can also withdraw your consent by contacting us using dataprotection@midlandheart.org.uk

Additional information

All interested parties are required to check they meet the criteria for Shared Ownership as set out at GOV.UK.

The Price advertised is for our target share of 40% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); 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.

Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.

Amount advertised is subject to change. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.

^Any Images/Photographs shown are for illustrative purposes only. 

>Floor plans depict a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing. All dimensions are approximate only & estimate the widest and longest points of each room. As they are only approximate, they should not be used for carpet sizes, appliance spaces and furniture. These particulars do not form part of a contract or warranty.