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10 Jan 2019
The prominent site, just off Yarm Road was originally home to a sheltered housing scheme, which was decanted and demolished over five years ago.
As part of our over 55s Buyin Part with Shared Ownership scheme, Trinity View will shortly be home to seven detached and semi-detached bungalows.
Similar to the traditional Buyin Part with Shared ownership, the over 55s scheme allows older customers to buy a share of their home – usually between 25% and 75% – with a lower deposit, smaller mortgage and monthly payment on the rest.
The homes on offer are the Preston, a two-bedroom detached bungalow, available from a 25% share of £43,000 and a deposit as little as £2,150 and the Trinity, a two-bedroom semi-detached bungalow, available from a 25% share of £37,750 and a deposit of around £1,888.
All seven homes will be energy efficient and include some integrated kitchen appliances, a wet room, external doors with level access and either a drive or off-street parking.
Trinity View is being delivered by Thirteen in partnership with Engie who will build the properties, supported by funding from Homes England and is due to be finished by Summer 2019.
Ian Wardle, Thirteen’s chief executive, said:
“We know there is a real demand for this type of property in Eaglescliffe and we’re really excited to be delivering this scheme.
“These new bungalows will offer lifelong, purpose built, easily adaptable and energy efficient homes that we’re sure will appeal to those who are looking to plan for older age or move out of the family home, as it’s too large and expensive to run.
“It’s a great opportunity for over 55s to Buyin Part with Shared Ownership, a new home that’s a short walk away from the beautiful Preston Park and popular towns of Yarm and Eaglescliffe.
“The properties at Trinity View benefit from fantastic transport links to the A66, and A19 as well as easy access to Eaglescliffe, Allens West and Yarm train stations.
“We really feel that the properties at Trinity View will offer residents a home that will allow them to enjoy and get the most out of life.”
If you’d like to find out more about Trinity View please contact one of our sales executives, who will explain more about the over 55s Buyin Part with Shared Ownership scheme and how it could work for you on 01642 947070, email firstname.lastname@example.org or visit our website http://www.thirteengroup.co.uk/trinityview.
The new development is part of Thirteen’s ambitious development programme across the North East, which will see the completion of over 2,000 homes over the next five years.