2 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Leasehold (990 years remaining)
- New Phase 2 Bedroom Terrace & Semi detached Houses
- At Drakelow Park, a new neighbourhood close to Burton on Trent
- £500 Cashback^ on selected plots
- Available on new Shared Ownership scheme with 990 year lease
- Option to buy more shares to own 100% of the property in the future
- Modern fitted Kitchen with Oven, Hob & Hood
- Living/Dining Room with French doors to rear garden
- Carpets/Flooring throughout
- Allocated Parking
- Energy efficient new home
*£500 Cashback^* - Brand new 2 Bedroom Terrace & Semi-detached Houses at Drakelow Park - £76,000 for a 40% share. Located on a new development called Dracan Village at Drakelow Park, a new neighbourhood close to Burton on Trent.
Our 2 Bedroom Houses briefly comprise:
- Entrance Hall
- Modern fitted Kitchen with oven, hob & hood
- Downstairs WC
- Living/Dining room with French doors to rear garden
- Two Bedrooms
- Bathroom with shower over bath
- Gas-fired central heating
- Flooring/carpets throughout
- Turfed rear garden
- Allocated parking
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.
PRICE
Full Market Value £190,000 (100%)
40% share* = £76,000 Rent = £261.25
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £13.42
Estate Charge: £3.00
£500 Cashback - available on selected plots. ^Subject to terms and conditions and only payable upon completion by specific date (dependent upon plot).
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.
Contact us to see how we can help you buy your very own home. If you wish to register an interest in Dracan Village and/or arrange a viewing please provide:
- Your total annual Household Income
- Your Household Savings for house purchase
- Current housing status i.e. first time buyer/current home owner etc
All applicants are required to check they meet the criteria for Shared Ownership as set out at GOV.UK in the first instance.
*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) & 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 represents a typical Ivy house type.
>Floor plans depict a typical layout of this house type 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.
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*DISCLAIMER
Property reference 2Bed_40pcshare. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Midland Heart - Dracan Village at Drakelow Park.
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Mobile phone signal availability and predicted strength
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Energy Performance data and Internal floor area
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