We've entered into a partnership with top 10 housebuilder, Keepmoat, to deliver 66 affordable homes off Cheney Manor Industrial Estate.
The approved affordable housing scheme, which was granted full planning permission by Swindon Borough Council, will deliver a range of one, two, three and four-bedroom homes comprising a mix of houses and apartments.
The acquisition of the land, located adjacent to the newly constructed Moredon Sporting Hub, has enabled Swindon Borough Council to fund the creation of the multi-functional state-of-the-art sporting facilities, which are now open to the community.
We'll be making 33 of the new homes available for social rent, the most affordable form of housing, with the remaining 33 homes available for affordable home ownership through our shared ownership scheme.
Adam Frontczak, Head of Land at Bromford, said: “There are more than 2,500 families on the housing waiting list in Swindon, so we’re delighted to be working with Keepmoat once again to provide more affordable homes in the town. We’re excited to see work get underway and can’t wait to see them completed and customers move into them.
“As the country’s leading developer of homes for social rent, we understand the importance of providing people with a quality home they can afford to live in. But it’s more than just building homes, we invest in places too, working with local authorities and communities to ensure our customers can truly thrive.”
Ben Leather, Regional Managing Director at Keepmoat, West Midlands, added: “We are excited to announce Bromford as our partner to create an affordable scheme in Swindon.
“At Keepmoat, we’re committed to working with a range of partners to deliver fantastic schemes and high-quality new homes. We’re looking forward to progressing the approved plans and delivering 66 affordable homes to benefit the local community through our ongoing partnership with Bromford.”
Commercial real estate agent Avison Young acted as the vendor.
Councillor Kevin Small, Swindon Borough Council’s Cabinet Member for Finance, said: “I’m pleased Keepmoat has found a new partner in Bromford for its development at Moredon, which will provide 66 much-needed affordable homes in Swindon.
“The Council’s sale of the land to Keepmoat was necessary to help pay for the wider Moredon Sporting Hub scheme and we were able to deliver these fantastic facilities for the local community without the loss of green space as we have reclaimed development land at the other end of Moredon Rec.
“I look forward to seeing the new houses coming forward to benefit those who need them.”
As part of Bromford Flagship, we are the leading developers of social rent homes over the past five years and plan to build 1,000 social rent homes every year over the next 30 years.