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Preston Green in Stockton-on-Tees by Home Group

SHARED OWNERSHIP

4 bedroom houses
£36,249 - £131,246

 
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Situated in a desirable location close to the River Tees, Preston Green is a collection of impressive three bedroom semi-detached and terraced homes, with nine available now through shared ownership.

Each home is perfect for bringing the family together, with a quality specification throughout and boasting a spacious lounge, stylish kitchen/dining area with integrated appliances and enclosed rear garden.

Book a viewing today and see what else is on offer at Preston Green!

Prices start from £144,995 but, with shared ownership, you could purchase a 25% share of your new home for as little as £36,249 and pay a rent on the remaining share. This means your total monthly payments could be as low as £515. If you're buying with a mortgage you only need a 5% deposit for the amount you borrow, meaning your deposit could be as low as £1,813*

Local area

Family life made easier in your new home at Preston Green.

Amenities are in easy reach – you’ll find a range of supermarkets for everyday necessities, high-street shopping at Castlegate and Wellington shopping centres, and bargains aplenty at Teesside Retail Park.

There’s plenty to keep you entertained – everything from gyms and golf courses to cinemas and bowling alleys. Enjoy the thrill of white-water rafting at Tees Barrage, or the tranquility of nearby parks such as Preston Park Museum and Grounds. You’ll never be bored!

There are several highly-rated local primary and secondary schools and a range of medical centres just two miles away in Stockton-on-Tees centre.

Preston Green is close to the A66, so commuting to Middlesbrough and Darlington will take you less than 15 minutes by car, while Thornaby and Stockton have great rail links to Darlington, Leeds, Newcastle, Manchester Piccadilly and Manchester Airport.

About shared ownership

Shared ownership gives you the opportunity to get your foot on the property ladder at a price you can afford.

You qualify for shared ownership if you:

• Have a household income of under £80,000 (£90,000 in London)
• Don't currently own your home and can't afford to on the open market
• Can afford the minimum deposit
• Pass an affordability check to make sure you can get a mortgage

*This is based on a 25% share (£36,249) of a three bedroom house valued from £144,995 with a 5% mortgage deposit (£1,813). The estimated monthly service charge is approximately £32. The share you buy is dependent on your financial and personal circumstances.

Photos and CGIs are for illustrative purposes only and may be examples of previous developments. Specifications vary from plot to plot.

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Images may not necessarily depict the actual development and in some cases may be a typical example.