Consent granted for 244 new homes
16 December 2014
Planners have given the green light to 244 new homes in the first phase of a development bringing £7.2millon of community investment to Oulton Broad.
Managing director Andrew Fuller said: “Outline planning permission was granted for the site in 2013, so we are pleased to now be able to make a start on our first phase of 244 homes.
These will suit a range of buyers, from those looking to get on the property ladder for the first time to families seeking more space as they grow.
This is an exciting development for Lowestoft, which will ultimately include 800 homes, a 50-acre country park, a new primary school, neighbourhood shopping area, community hall and children’s play areas.
Altogether the infrastructure and community enhancements will see more than £7.2million being invested in this area.”
In addition to the significant community gains, the development will also provide 169 affordable homes, with 49 planned into the first phase.
Each tranche of construction will follow a masterplan required as a condition of planning and almost £1.5million has been allocated towards public transport, footpath and cycle routes and off-site highways upgrades with £1m set aside for any future highways upgrades needed following a transport assessment review.
The site has been planned with a full range of house types, including bungalows to its southern boundary to ensure neighbouring residents would not be overlooked, and the ‘Longfields Path’ – an established public right of way – is being retained and enhanced.
Construction is expected to begin on a Link Road, from Lime Avenue to Hall Lane, in January, with the first homes available for sale early next year
Potential buyers are invited to register their interest in the homes via our website to be first to find out when properties are released for sale.
The Government estimates around 300,000 new homes need to be built each year to meet the demand that has grown since the economic downturn of 2008. It has put in place a raft of measures, such as a review of planning regulations, providing finance for large-scale infrastructure projects and helping individuals to access affordable mortgages through schemes like Help to Buy.