Affordable modern two-bedroom home with parking and low running costs.
35% equity share — shared ownership; staircasing required for more equity
Leasehold tenure; buyer must meet government eligibility criteria
New build 2024 with modern kitchen and bathroom
Two bedrooms; rooms are compact but well presented
Off-street driveway parking; low-maintenance exterior
Gas central heating, boiler and radiators; mains gas
Council Tax Band A — very cheap running costs
Wider area classed as very deprived — may affect resale
A practical shared-ownership two-bedroom end terrace completed in 2024, offering a modern kitchen and bathroom plus off-street parking. The 35% equity share makes this a realistic entry option for buyers who meet government eligibility criteria and want low running costs in a new-build home.
Rooms are compact but well presented with neutral decor, gas central heating and contemporary fittings throughout. Council Tax Band A and good broadband/mobile signal keep monthly costs low. There is no flood risk and the property benefits from standard thermal performance and mains services.
Important points to note: the home is leasehold and sold as shared ownership (current share 35%), so further staircasing and lease terms will affect long-term ownership and costs. The wider area is described as very deprived, which may influence resale prospects. Buyers must meet eligibility rules (age, income cap, and ownership status) to purchase this share.
Overall, this is a sensible, low-maintenance starter home for a first-time buyer or small family seeking an affordable foothold in Stockton-on-Tees, or an investor used to shared-ownership arrangements. It’s best suited to purchasers prepared to live in a modestly sized, modern property and to work with the leasehold/shared-ownership framework.
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