New homes for sale at Dracan Village, Burton upon Trent

This is a Shared ownership development by Midland Heart Housing Association

A selection of brand new 2 & 3 Bedroom Houses available to buy on Shared Ownership.

Located on a new 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 & transport links within very easy reach.

• 2 Bedroom Houses - £76,000 for a 40% share*
• 3 Bedroom Houses - £90,000 for a 40% share*
• £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

Our homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking.

Prices
2 Bedroom £190,000 (100%)
40% share = £76,000 Rent = £261.25
3 Bedroom £225,000 (100%)
40% share = £90,000 Rent = £309.38

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: 2 bed £13.42; 3 bed £15.32
Service/Estate Charge: 2 bed £3.00; 3 bed £3.29

£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 today for more information and see how we can help you buy your very own home.

*The Price advertised is for a 40% share 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 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.

Share	Lower price	Upper price
40% share	£76,000	£90,000
45% share	£85,500	£101,250
50% share	£95,000	£112,500
55% share	£104,500	£123,750
60% share	£114,000	£135,000
65% share	£123,500	£146,250
70% share	£133,000	£157,500
75% share	£142,500	£168,750

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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Dracan Village in Burton upon Trent

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Example Shared ownership share price options