A buyer has been found for one of Middlesbrough’s key housing development sites; Longridge in Marton West Ward, also known as ‘site 44’, has been allocated for housing development since the 1970s.
The site is seen as an important element of Middlesbrough’s overall regeneration programme and will see the creation of around 90 high quality family homes. Such development and regeneration work throughout the town has increased the use of local Middlesbrough Conveyancing Solicitors.
The buyer was selected by the Executive Sub-Committee for Property at Middlesbrough Council (Corporation Road, Middlesbrough, TS1 2AY) from a shortlist of five bidders in a meeting earlier this month.
A planning application could be submitted in the coming months, with work on a development starting as early as next year. The selected developer will also be required to contribute to local education facilities, green space and other local amenities.
Councillor David Budd, Middlesbrough’s Deputy Mayor and Executive Member for Resources, said:
“I’m delighted that a preferred bidder has been found for this important site. Site 44 has long been earmarked for housing and has an important role to play in the on-going regeneration of the town. The site itself will be the location of high quality housing, while the sale will have invaluable benefits for other projects. ”
Middlesbrough Conveyancing in Regeneration areas
The clever home buyer purchases in an area where nearby development projects will impact and increase the value of a dwelling in the future. There are a number of new housing initiatives currently underway in Middlesbrough, offering good investment opportunities for buyers.
Bridgewater View by Taylor Wimpey is situated on Douglas Street, Longlands, Middlesbrough, TS4 2JW (less than 10 minutes from Site 44). The collection features two and three bedroomed terrace and semi-detached abodes, as well as 3 bedroomed detached homes.
By instructing a local Middlesbrough Conveyancing Solicitor, you can get your property transaction underway today.
For more information, contact Fridaysmove on 0330 660 0286.
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