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Plot 414 - The Cedar - 3 Bedroom Mid Terrace House *£500 Cashback*
Midland Heart at Dracan Village, Drakelow Park, Walton Road, Burton-on-Trent, DE15 9US
- PLOT 414 - Brand New 3 Bedroom Mid Terrace House
- £56,250 for a 25% share
- ^£500 Cashback available
- Located at Drakelow Park, near to Burton on Trent
- New Shared Ownership scheme with a 990 year lease
This desirable property is located on a new Countryside development called Dracan Village at Drakelow Park, a new neighbourhood less than 4 miles south of Burton on Trent.
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.
- Entrance Hall
- Modern fitted Kitchen with oven, hob & hood
- Downstairs WC
- Lounge/Dining room with French doors to rear garden
- Three Bedrooms
- Bathroom with shower over the bath
- Gas-fired central heating
- Flooring/carpets throughout
- Turfed rear garden
- Parking for 2 vehicles
The Cedar - 3 Bedroom Mid Terrace House
£225,000 (100%)
25% share* £56,250 Rent = £386.72
75% share £168,750 Rent = £128.91
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £15.32
Service/Estate Charge: £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.
Please contact us by scrolling to the bottom of this page and filling out the 'Contact Us' form
Please ensure you include:
- Your total annual household income
- Your total household savings for house purchase
The Cedar 3 Bed Brochure & Floor Plan
pdf - 2387Kb
New Shared Ownership Lease
pdf - 3681Kb
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
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.
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 image of the plan shown & some aspects may differ.
