Home of the Week at Meadow Rise, Stockton

A well-presented three-bedroom home, ideally suited to first-time buyers or a growing family, is ready to move into at Meadow Rise in Stockton.

Home of the Week at the Barratt development is a ‘Maidstone’ end-terraced house, priced at £118,500 and available through the Help to Buy scheme with a deposit of just £5,925.

The property provides 830 sq ft of living space. It has an open-plan living room which leads through to a fitted dining kitchen with French windows opening onto the rear garden. There is a cloakroom off the entrance hall and useful understairs storage.

Upstairs are two double bedrooms, with an en suite to the master, a single bedroom and the family bathroom.

There is an allocated parking space and the home is available to view.

Buyers using Help to Buy could move in with a five per cent deposit and a 75 per cent mortgage. The remaining 20 per cent of the price is met by a Government loan which is interest free for five years.

“The Maidstone offers generous living space at a great price and is all ready to move into,” said Fenton Hewitt, Sales Director at Barratt North East.

“As well as being able to buy with a low deposit, purchasers choosing the Help to Buy scheme can also access low-cost mortgage finance.

“This means their monthly repayments are much cheaper than with a higher loan-to-value mortgage.

“It offers a great opportunity to get onto the property ladder or move up to a more spacious home and is giving a real boost to local buyers.”

Meadow Rise is a popular development with young families and professionals and has grown into a thriving new community with around 180 Barratt homes now occupied.

The housebuilder has a selection of two and three-bedroom homes, priced from £95,000 to £146,000.

Two showhomes are open from 10.00am to 5.00pm daily (11.00am to 6.00pm on Mondays).

For details, visit barratthomes.co.uk.