Bungalow developers Altoria acquire sister site in Stannington
A North East property development company has acquired a sister site as it expands.
Altoria Development, based in Morpeth, has announced that it is expanding into a second site, based in Stannington.
Altoria was established in 2014 by husband and wife team Alan and Victoria Fleming, with an aim to produce bespoke bungalows.
Its first development, on Furrow Road, was launched in 2016. The first phase of eight bungalows was sold off-plan, followed in 2018 by a further six.
The new site, Ridge Grove, will provide an exclusive development of eight detached bungalows, all of which will provide the opportunity for each buyer to customise their individual home.
Vicky Fleming, co-director of Altoria commented: “We are very proud of what we have achieved at Furrow Grove and are looking forward to continuing this success over the road.”
Alan Fleming, also a co-director, added: “Our aim is to provide a luxurious home with a high specification that comes included in the sale price.
“There is a very high demand for this type of property within the local area.”
Construction on site at Ridge Grove will commence in the coming months, with properties anticipated for completion towards the end of 2020.
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