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Dracan Village - Drakelow Park, Burton on Trent
Drakelow Park, Walton Road, Burton-on-Trent, DE15 9UA
£47,500 - £101,250
- 3 Bedroom Terraced & Semi-detached Houses - Prices start from £56,250 for a 25% share
- 2 Bedroom Terraced Houses - Prices start from £47,500 for a 25% share
- ^£500 Cashback available on 3 bed - plots 340 & 341
- Located at Drakelow Park, near to Burton on Trent
- Available on the new Shared Ownership scheme with a 990 year lease
A selection of 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.
Our homes are only available to buy on Shared Ownership. The opportunity 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 or before 31st March 2024. Only available on plots 340 & 341.
Oven, Hob & Hood
Downstairs WC
Bathroom with shower over bath
Gas-fired central heating
Flooring/carpets throughout
Turfed rear gardens
Allocated parking
Shares are available from 35% to 75%*
2 Bedrooms £190,000 (100%)
25% share = £47,500 Rent = £326.56
35% share = £66,500 Rent = £283.02
3 Bedrooms £225,000 (100%)
25% share = £56,250 Rent = £386.72
35% share = £78,750 Rent = £335.16
45% share = £101,250 Rent = £283.59
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £12.93 (2 bed); £14.76 (3 bed)
Estate/Service Charge: £2.93 (2 bed); £3.20 (3 bed)
The opportunity to buy more shares to own 100% of the property in the future.
*Minimum share available varies depending upon plot. Maximum share for initial purchase 75%; Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines. Alternative shares are available upon request & will be determined by the applicant’s affordability & target share being met.
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 Ivy 2 Bed Brochure & Floor Plan
pdf - 2684Kb
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.
Shared Ownership homes provided through the new Shared Ownership and Affordable Homes Programme 2021 to 2026.
*Minimum share available varies depending upon plot. Maximum share for initial purchase 75%; Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines. Alternative shares are available upon request & will be determined by the applicant’s affordability & target share being met.
Prices advertised are 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.
>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.
