Available

Outwood Meadows - Burton on Trent

Beamhill Road, Burton-on-Trent, Staffordshire, DE13 9QW

£47,500 for a 25% share


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

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

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.

Fixtures & Fittings we include

Oven, Hob & Hood
Downstairs WC
Bathroom with shower over bath
Gas-fired central heating
Flooring/carpets throughout
Turfed rear gardens
Allocated parking

Price and Share

Sinclair - 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: £10.76

*The Prices advertised are 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.

 

Tell me more about shared ownership

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...

Shared ownership

Am I eligible?

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.

Any questions?

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.

Tell me more about the local area

Situated in Burton’s Outwoods area, these new homes are close to the north-western, urban edge of town but also near plenty of green open space. Outwood Meadows will enjoy a range of amenities within the development, including walking and cycling routes, open space, play area, a community hub and much more.

The centre of Burton-on-Trent is only 2 miles away and offers a good choice of amenities including high street stores, cafés, restaurants, bars and the historic Victorian Market Hall with a neighbouring outdoor market. There are various supermarkets as well as a wide range of independent shops.

The town offers easy access to the A38 and provides excellent road links to Derby, Lichfield and beyond. Burton upon Trent railway station is within a 10 minute drive and offers services to Derby, Nottingham and Birmingham. East Midlands Airport is only 30 minutes away by car.

 

Sinclair 2 Bedroom Floor Plan

pdf - 99Kb

New Shared Ownership Lease

pdf - 3711Kb

A typical Shared Ownership property with Midland Heart

Take a look at one of our shared ownership properties

To register your interest please complete form below.
Please ensure that you have read the 'Am I eligible?' section above before registering.

Register With Us

This is for potential purchasers to contact the sales team. We'll use this information to update and arrange viewings. Please note, you can also withdraw your consent by contacting us using dataprotection@midlandheart.org.uk

Additional information

*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 & simply represent a typical example of a Midland Heart property at this location.

>Floor plans depict a typical layout of the house types and are for illustrative purposes only. Room sizes are approximate only and 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.