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  2. Property photo 2 of 7 Kitchen
  3. Property photo 3 of 7 Living/Dining Room

£46,875

2 bed terraced house for sale

Barmoor Close, Drakelow DE15

  • New home

  • Shared ownership

  • Leasehold

    • 2 beds

    • 1 bath

  • EPC Rating: A

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.

Key information

  • Tenure

    Leasehold (990 years)

  • Service charge

    £42 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

    25%

  • Shared ownership rent

    £322 per month

Midland Heart Property Sales

Logo of Midland Heart Property Sales

About this property

  • Shared Ownership

  • Ideal for First Time Buyers

  • Brand New 2 Bedroom Mid Terrace House at Drakelow Park

  • New Shared Ownership scheme with a 990 year lease

  • Option to buy more shares to own 100% of the property in the future

  • A new neighbourhood close to Burton on Trent

  • Modern fitted Kitchen with Oven, Hob & Hood

  • Living/Dining Room with French doors to rear garden

  • Carpets/Flooring throughout

  • Parking for 1 vehicle

  • Energy efficient new home

Brand New 2 Bedroom Mid Terrace House available to buy on Shared Ownership. £46,875 for a 25% share.^ Located at Drakelow Park, a new neighbourhood close to Burton on Trent.
The property briefly comprises
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.

Price
2 Bedroom £187,500 (100%)
25% share £46,875* Rent = £322.27

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £17.30
Service/Estate Charge: £3.00

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. Shared Ownership homes provided through the new Shared Ownership and Affordable Homes Programme 2021 to 2026.

*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.

>Floor plans depict a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing. These particulars do not form part of a contract or warranty.

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Property descriptions and related information displayed on this page are marketing materials provided by - Midland Heart Property Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Midland Heart Property Sales for full details and further information.