Sunderland wins £7m worth of investment for new 'affordable' housing
Sunderland is to receive over £7m funding in the form of a new housing estate.
In total, there will be 35 new homes available (deemed affordable), which are set to be complete near the end of 2018.
Incentives on the properties at Barnes View - based at Nookside, Grindon - are aiming to encourage first-time buyers a step onto the property ladder with access to the help-to-buy scheme.
The development will also offer opportunities to purchase large family homes and spacious bungalows.
Commenting on the development, Lee Francis, area director of ENGIE, said: “This new estate will provide a range of different properties and also offer the government’s Help to Buy scheme, helping to meet the needs of individuals by offering affordable and modern living space in a great location.
“We have worked with a number of authorities and businesses, using their knowledge and expertise to ensure that the best quality homes will be on offer and this is exciting for anybody looking to move into a new home this year.”
The Barnes View estate, which is being constructed by Canvas Homes, will consist of two and three-bedroom homes, along with 12 bungalows which will all available from autumn 2018.
North East chartered surveyors and estate agents Bradley Hall have been instructed to market the properties from the firm’s Sunderland office.
Director of Bradley Hall estate agency, Matt Hoy, added: “This is a fantastic opportunity for local people to purchase or rent high quality housing in a popular area of the city.
“The dedicated Bradley Hall Sunderland team will be on hand to assist anyone who expresses their interest in these properties.
“Our involvement in this partnership is a fantastic step for Bradley Hall, as we look to continue building close relationships with the leading housebuilders and local authorities.”