Sale-and-leaseback of two completed showhomes at Middleton Waters in Middleton St George, County Durham.

 

Investment Summary

 

Middleton Waters is a residential development scheme building 198 two, three, four and five-bedroom homes across three phases. Phase 1 of the scheme (50 homes) was developed by Homes by Carlton Limited and completed in April 2023. Phase 2 is currently under development.

 

The showhomes have supported the sale of phase one’s homes and will be in place to support the sale of the remaining 148 homes.  Homes by Carlton is developing the remaining homes over a 5 year development programme all of which is fully funded.

Investors now have the opportunity to purchase the two existing showhomes on a sale-and-leaseback basis on a full repair and insuring lease.

 

MW Welcome detail-1

The Showhomes

 

Plot 1 | The Eleanor

  • 5-bedroom, 3-storey.
  • Luxurious flooring and carpets throughout.
  • Fully furnished.
  • Modern media wall with electric fireplace.
  • Silestone worktops to the kitchen and utility.
  • Large open-plan kitchen/diner and living area with French doors leading to the garden.
  • Separate dual aspect lounge with sliding doors to the garden.
  • Stylish family bathroom with full-height tiles to the shower and vanity unit.
  • Master bedroom complete with en-suite.
  • Fitted wardrobes to the three largest bedrooms.
  • Detached garage.
  • Timber fenced and landscaped garden.

 

Plot 2 | The Galloway

  • 4-bedroom.
  • Luxurious flooring and carpets throughout.
  • Fully furnished.
  • Automated blinds.
  • Mood lighting throughout.
  • Silestone worktops to the kitchen and utility.
  • Flexible ground floor layout.
  • Large open-plan kitchen/diner and living area with French doors leading to the garden.
  • Separate lounge.
  • Stylish family bathroom with full-height tiles to the shower and a Halifax Oak vanity unit.
  • Master bedroom complete with en-suite.
  • Fitted wardrobes to the three largest bedrooms.
  • Detached garage.
  • Timber fenced and landscaped garden.