Aviation Lane, Burton on Trent
Aviation Lane, Off Henhurst Hill, Burton on Trent, DE13 9TL
£47,500 for a 25% share
*Last Plot - Under Application*
- Affordable homes exclusive to Midland Heart
- 2 Bedroom End Terrace House - £47,500
- ^£500 Cashback available
- Sought after location near to Burton on Trent
- Available on the new Shared Ownership scheme with a 990 year lease
A small selection of Brand New homes 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.
The Price advertised is for a 25% share, 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.
^£500 Cashback subject to terms and conditions and only payable upon completion, on or before 29th January 2025. Only available on specific plots.
Oven, Hob & Hood
Downstairs WC
Bathroom with shower over the bath
Gas-fired central heating
Flooring/carpets throughout
Turfed rear gardens
Allocated parking
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/Service Charge: £17.08
The Price advertised is for a 25% share, 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.
This is a government-backed scheme where you buy a share of your home and pay rent on the remaining share. The share you can buy will range between 10% and 75%, depending on the development and what you can afford.
This means you’ll need a smaller mortgage and deposit to get you started. Click this button to find out more...
You may be eligible for Shared Ownership with Midland Heart if:
You have a gross household income of no more than £80,000 per annum.
You are unable to purchase a suitable home to meet your housing needs on the open market.
You do not already own a home or you will have sold your current home before you purchase.
You have cash funds to purchase an initial share or the ability to raise a mortgage for the share. You will need a minimum 5% deposit for a 95% mortgage.
Have been in continuous employment for at least 12 months (if you require mortgage).
If you are Self employed, you are able to provide 2 years full accounts.
You must be ready to proceed with a purchase in the next 12-15 weeks.
Have a good credit history* including:
- No outstanding CCJ’s or defaults that remain outstanding
- No history of rent arrears
- No Debt Management plans, IVA’s or bankruptcy that remains outstanding
*If you decide to purchase a home with us, you will then be required to provide a Check My File credit report.
The best way to get in touch is to email sales@midlandheart.org.uk.
You can also call us on 0800 44 55 67.
To register an interest, please complete the ‘Register With Us’ form.
Less than 3 miles from the market town of Burton Upon Trent, which offers a good choice of amenities including high street stores, cafés, restaurants and bars.
There is a Sainsbury’s, a Tesco and Asda superstore as well as a wide range of independent shops.
The nearby local area is home to numerous parks, local woodland, meandering canal ways and nature reserves such as Branston Water Park.
The nearby A38 provides excellent road links to Derby, Lichfield and beyond. Burton upon Trent railway station is within a 10-minute drive and offers regular services to Derby, Nottingham and Birmingham. East Midlands Airport is only 35 minutes away by car.
2 Bed Floor Plan
pdf - 96Kb
New Shared Ownership Lease
pdf - 3681Kb
A typical Shared Ownership property with Midland Heart
Take a look at one of our shared ownership properties
To register your interest please complete the form below.
Please ensure that you have read the 'Am I eligible?' section above before registering.
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.