3 bed semi-detached house for sale

Toadmoor Drive, Drakelow DE15

Brand New 3 Bedroom Semi-detached House available to buy on Shared Ownership. £65,000 for a 25% share. This energy efficient new home is located at Drakelow Park, a new neighbourhood close to Burton on Trent.
The property briefly comprises
Entrance Hall
Downstairs WC
Spacious Living room
Kitchen/Diner with skylight windows & French doors to rear garden
Three Bedrooms
Family bathroom with a separate shower cubicle
Gas-fired central heating
Flooring/carpets throughout
Turfed rear garden
Parking for 2 vehicles
New Shared Ownership scheme with a 990 year lease

Price
Full Market Value from £260,000 (100%)
25% share = £65,000* Rent = £446.88
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £19.76
Estate Charge: £3.29

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.

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. All applicants are required to check they meet the criteria for Shared Ownership as set out at in the first instance.

*The Price advertised is for our target 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. 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.

Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met) & need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.

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. They are not intended to be used for carpet sizes, appliance sizes or items of furniture. For exact plot specification, please arrange a viewing. Some properties may be a mirror image of the plan shown & some aspects may differ.