by Midland Heart Housing Association
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2 bedroom houses
From £47,500 for a 25% share
(From £190,000 Full Market Value)
Burton upon Trent, Staffordshire, DE13 9TL
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LAST PLOTS - Brand New 2 Bedroom End Terrace Houses available to buy on Shared Ownership.
Located on a new development at Aviation Lane, off Henhurst Hill, less than 3 miles west of Burton Upon Trent. The local area is home to numerous parks, local woodland, meandering canal ways and nature reserves such as Branston Water Park.
• 2 Bedroom End Terrace Houses - £47,500 for a 25% share
• ^£500 Cashback available
• Affordable homes exclusive to Midland Heart
• Available on the new Shared Ownership scheme with a 990 year lease
• Option to buy more shares to own 100% of the property in the future
Our homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking.
Price
2 Bedroom £190,000 (100%)
25% share = £47,500 Rent = £326.56
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance £13.42
Estate Charge: £17.08
^£500 Cashback subject to terms and conditions and only payable upon completion, on or before 12th December 2024. Only available on specific plots.
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.
*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.
^Images/photographs shown are for illustrative purposes only.
>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.
The following table shows examples of the share price range of this development at various share points
| Share | Price from |
|---|---|
| 25% share | £47,500 |
| 30% share | £57,000 |
| 35% share | £66,500 |
| 40% share | £76,000 |
| 45% share | £85,500 |
| 50% share | £95,000 |
| 55% share | £104,500 |
| 60% share | £114,000 |
| 65% share | £123,500 |
| 70% share | £133,000 |
| 75% share | £142,500 |
Are we missing any purchase information? Contact the developer
Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.
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