£228,750
4 bed semi-detached house for sale
Walton Road, Swadlincote DE15New home
Shared ownership
Leasehold
4 beds
1 bath
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an “affordable rent” on the share you don't own. This is mainly for first-time buyers.
Key information
Tenure
Leasehold (990 years)
Service charge
£47 per month
Council tax band
Ground rent
Ground rent date of next review
Shared ownership details
Shared Ownership is a scheme where you buy a share of your home and pay rent on the remaining share. This means you'll need a smaller mortgage and deposit to get you started.
Shared ownership percentage owned
75%
Shared ownership rent
£175 per month
Midland Heart - Dracan Village
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About this property
Affordable Home
Available Now
4 Plots Only - 4 Bedroom Semi-detached Houses
Drakelow Park, a new neighbourhood close to Burton on Trent
Available on new Shared Ownership scheme with 990 year lease
Option to buy more shares to own 100% of the property in the future
Kitchen/Diner with French doors to rear garden
Spacious Living room
Carpets/Flooring throughout
Parking for 2 vehicles
Energy efficient new homes
Brand new 4 Bedroom Semi-detached Houses at Drakelow Park - £228,750 for a 75% share. Located on a new development called Dracan Village at Drakelow Park, a new neighbourhood close to Burton on Trent. The area offers a great choice of shops, schools & transport links within easy reach.
Our 4 Bedroom Houses briefly comprise:
Entrance Hall
Spacious Living room
Kitchen/Diner with oven/hob & French doors to rear garden
Downstairs WC
Four Bedrooms
Bathroom with shower over the bath
Gas-fired central heating
Carpets/Flooring throughout
Turfed rear garden
Parking for 2 vehicles
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 from £305,000 (100%)
75% share* = £228,750 Rent = £174.74
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £21.74
Estate Charge: £3.52
Shared Ownership is a scheme where you buy a share of your home and pay rent on the remaining share. This means you'll need a smaller mortgage and deposit to get you started. The share you can buy will depend on what you can afford. Once you've brought your new home you can decide to buy more shares in the property. The more shares you buy, the less rent you'll pay. You can keep doing this until you own 100% of your property.
All applicants are required to check they meet the criteria for Shared Ownership as set out at in the first instance.
*The Price advertised is for a 75% share and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum 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. Revised prices apply to plots with solar panels. 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 4 bed 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.