Tolent Homes are bringing new life to former Sedgefield Community Hospital site with 100 high-quality new homes. Ninety of them will be executive homes, and 10 will be affordable homes for the Sedgefield community. The development, Hardwick Grange, takes inspiration from the beauty of its local surroundings, and Regional Director of Tolent Homes, Allan Thompson says the homes ‘meet the needs of today’s lifestyle, blending modern with classic designs’. www.tolent.co.uk
Regional developer and landlord Karbon Homes are investing £700,000 in refurbishing a building on Gowan Terrace, Jesmond, into a set of eight high-quality apartments. Young professional tenants are the targeted market, and the one- and two-bedroom apartments are in an ideal location for city links, with the beautiful Jesmond Dene just around the corner.
Luxury Leeds-headquartered house-builder Duchy Homes have moved to new premises on Bowes Business Park, Durham, setting the stage for prestigious future housing plans. Duchy have a host of new developments in the pipeline, including a unique residential scheme in Morpeth, with 13 executive homes in an idyllic setting and a picturesque development in Kirklevington, with 19 homes in a charming village location.
The new waterfront apartments on Bell Street in North Shields are now well underway and set for completion in summer 2019. There will be 14 apartments in total along the North Shields Fish Quay, with an allocated carpark and shops on the ground floor. www.fish-quay.com
Despite new jitters over Brexit, UK housing market growth has remained slow but steady throughout September, and slow growth is actually great news for first-time buyers. According to Rightmove, tax changes have meant investors are directing their money to more lucrative markets, meaning first-time buyers have more opportunity to find favourable deals. www.rightmove.co.uk