Terraced house for sale in Frampton Street, Burton On Trent DE15

Just added
Shared ownership £56,250

Images may include optional upgrades at additional cost

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Terraced house for sale - 3 bedrooms

3 1

Tenure:
Leasehold with shared ownership
Shared ownership percentage owned:
25%
Shared ownership rent:
£386.72 per month
Time remaining on lease:
Not available
Service charge:
£40.61 per month
Ground rent:
Not available
Council tax band:
Not available
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. 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.

Utilities and more details

Property features

  • 3 Bedroom Mid Terrace House - £56,250 for a 25% share*
  • ^£500 Cashback available
  • A new neighbourhood close to Burton on Trent
  • Energy efficient new home
  • Modern Kitchen with oven, hob & hood
  • Carpets/Flooring throughout
  • Parking for 2 vehicles
  • Available on new Shared Ownership scheme with 990 year lease

Property description

3 Bedroom Mid Terrace House available to buy on Shared Ownership. £56,250* for a 25% share. ^£500 Cashback Located at Drakelow Park, 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
Three Bedrooms
Bathroom with shower over bath
Gas-fired central heating
Flooring/carpets 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.

Price
Market Value £225,000 (100%)
25% share £56,250* Rent = £386.72

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £15.32
Service/Estate Charge: £3.29

^£500 Cashback subject to terms and conditions and only payable upon completion on/before 29th November 2024.

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.

Property info

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For more information about this property, please contact
Midland Heart Property Sales, B15 on +44 24 7511 9572 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Midland Heart Property Sales, and do not constitute property particulars. Please contact Midland Heart Property Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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