The proposed scheme located on Copperwheat Avenue, will comprise 44 affordable rent, 74 shared ownership and 84 market sale houses, as well as 11 self-build plots, and seven coastal erosion replacement properties. A choice of one, two, three and four-bedroom homes will be available.
The development has received funding from the Homes England Strategic Partnership scheme for the delivery of affordable homes.
Orbit Homes purchased the site from WM Denny & Sons, and Chartwell Industries. The expected start date for the scheme is 2025, with work expected to conclude in 2029.
Ray Winney, Regional Managing Director at Orbit Homes, said: “We are excited to unveil plans for our brand-new development in the village of Reydon, Suffolk. This is an area of high affordability pressure, so we are pleased to be delivering 118 affordable properties for the local community, as well as 84 available to purchase through market sale. The site is located less than two miles from the desirable seaside town of Southwold, making it the perfect location for families, as well as couples and those looking to size-down.
“All of our Orbit Homes developments are designed to be tenure-blind, which means customers receive the same commitment to design, specification, and safety, whether they purchase through shared ownership, market sale or affordable rent. I look forward to seeing the site progress over the years, and to creating a thriving new community in the East.”
Orbit Homes currently has nine thriving new communities underway in East Anglia, comprising a range of affordable two-, three- and four-bedroom homes, including some rarely available new build bungalows. A mixture of purchasing options is available, including market sale and shared ownership.