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Plot 414 - Dracan Village, Burton on Trent *£500 CASHBACK*
Drakelow Park, Walton Road, Burton-on-Trent, DE15 9UA
£56,250 for a 25% share
- Plot 414 - 3 Bedroom Mid Terrace House - £56,250 for a 25% share
- ^£500 Cashback available
- Located at Drakelow Park, near to Burton on Trent
- Available on the new Shared Ownership scheme with a 990 year lease
Brand new home 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 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.
^£500 Cashback subject to terms and conditions and only payable upon completion on/before 29th November 2024. Only available on plot 414.
Oven, Hob & Hood
Downstairs WC
Bathroom with shower over bath
Gas-fired central heating
Flooring/carpets throughout
Turfed rear gardens
Allocated parking
3 Bedrooms £225,000 (100%)
25% share* = £56,250 Rent = £386.72
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: 3 Bed £15.32
Estate/Service Charge: 3 Bed £3.29
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.
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...
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
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 Cedar 3 Bed Brochure & Floor Plan
pdf - 2387Kb
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
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 25% 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 & simply represent a typical Cedar house type.
>Floor plans depict a typical layout of the house types 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 may be a mirror of the plan shown & some aspects may differ.
