Summary - GRANGEFIELD YARM BACK LANE STOCKTON-ON-TEES TS21 1AU
3 bed 2 bath Semi-Detached
Shared ownership opportunity for first-time buyers and growing households.
35% shared ownership example price £75,250 with 5% deposit example £3,672.50
Monthly rent on remaining 65% approx. £320.26
990-year lease; 12-year NHBC warranty included
Air source heating installed; energy-efficient heating solution
Open-plan kitchen/dining with integrated oven, hob and extractor
French doors to rear garden; turf already laid
Two off-street parking spaces; average-sized rooms (849 sq ft total)
Broadband speeds reported as very slow in the area
Available to reserve off plan, this Mayfield three-bedroom semi offers a manageable new-build home through shared ownership. At 849 sq ft it suits growing households seeking low-maintenance living: integrated kitchen appliances, pre-laid bathroom and kitchen flooring, and turf laid to the rear garden are all included. Two off-street parking spaces and French doors to the garden add everyday convenience. An air source heat pump provides an energy-efficient heating solution, and the home is covered by a 12-year NHBC warranty.
The purchase example lists a 35% share priced at £75,250 with a 5% deposit example of £3,672.50 and an indicative monthly rent of £320.26 on the remaining 65% share. The property sits on a long lease (990 years) and is part of a larger development close to schools, shops and main roads (A66/A19), making it practical for commuters and families. Room sizes are compact but well-arranged, with an open-plan kitchen/dining area, a front lounge, a downstairs cloakroom, and an en suite to the principal bedroom.
Material points to note: this is a shared ownership leasehold sale — you will pay rent on the unsold share and staircasing rules apply. The listing is an off-plan reservation; completion timelines and final finishes may vary and purchasers should review specification and contract details. Broadband is reported as very slow in the area, which may affect home working. The property’s compact layout and room sizes are suited to small families or first-time buyers rather than those needing generous living space.
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