Property

Bungalow Developers Altoria Acquire Sister Site In Stannington

Issue 56

Morpeth based firm Altoria Development have acquired a second site in this popular location, where demand for their first scheme outstripped supply

Altoria was established in 2014 by husband and wife team Alan and Victoria Fleming, with an aim to produce bespoke, fully adaptable, new build bungalows.

Their first development was launched in 2016, where the first phase of eight bungalows sold exclusively off-plan. The second phase of a further six bungalows followed in 2018, and again the response was unprecedented. Many of the properties achieved in excess of their guide price as there was in fact a waiting list for the second phase. Sanderson Young handled all the sales on behalf of Altoria at Furrow Grove and they are delighted to be appointed once again to launch the sister site. Positioned on Station Road in Stannington, 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; with a high quality internal finish and attractive landscaping, located in the Northumberland countryside yet close to nearby towns Morpeth and Cramlington.

Amy Brice, Regional Surveyor at Sanderson Young, comments “Following the exceptional success of Furrow Grove in Stannington, which was the first of its kind in the area, we are delighted to be once again assisting Altoria bring their unique product to market. Single storey living is very much on the radar for more senior purchasers looking to downsize and Altoria have certainly created a niche as a developer focusing solely on constructing bungalows.” Vicky Fleming, Director of Altoria comments: “We are very proud of what we have achieved at Furrow Grove and are looking forward to continuing this success over the road. We pride ourselves in the personal customer service we offer each buyer: from the wide choice of internal fittings to altering internal layouts. Alan Fleming, Director comments: “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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