Plan for 40 homes, in Woolpit, near Bury St Edmunds, takes step forward
A homebuilder has won funding for its plan to build 40 new homes.
Orbit Homes partnered with Minster Property Group to acquire the site at Old Stowmarket Road, Woolpit.
It has now received funding from the Homes England Strategic Partnership scheme.
At the moment the developer has outline planning permission – but is working with partners on reserved matters.
The development will consist of 100 per cent affordable homes, with work expected to start date in 2024, and finish in 2026.
Ray Winney, regional managing director at Orbit Homes, said: “We are delighted to develop these brand-new homes and create a thriving new community in Suffolk.
“This is our third direct build development in the area, demonstrating our ongoing commitment to delivering high-quality affordable homes in the East.
“I look forward to working with Minister Property Group to secure planning permission and seeing the site development over the coming years.”
Orbit Homes currently has nine new communities underway in East Anglia, comprising a range of affordable two, three and four-bedroom homes, including new build bungalows.
The company offers a mixture of purchasing options, including market sale and shared ownership.