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Shared ownership

Outwood Meadows in Burton upon Trent

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 9QW

Midland Heart Housing Association

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This is a Shared ownership development by Midland Heart Housing Association

A small number of Brand New 2 Bedroom Houses available to buy on Shared Ownership.

Located on a new Bloor Homes development called Outwood Meadows, just 2 miles from the popular market town of Burton-on-Trent which offers a good choice of amenities. Outwood Meadows will enjoy a range of facilities including walking and cycling routes, open space, play area, a community hub and much more.

• 2 Bedroom Semi-detached Houses - £47,500 for a 25% share*
• Available on new Shared Ownership scheme with 990 year lease
• Located just 2 miles from the centre of town


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
from £190,000 (100%)
25% share = £47,500 Rent = £326.56
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £13.42
Service/Estate Charge: £10.76

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 25% 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.

Example Shared ownership share price options

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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