Housebuilder Tilia Homes, part of the untypical group, has partnered with the UK’s leading social enterprise, Places for People, in a deal worth around £17 million to bring a choice of affordable homes to its new development in Thetford.
Sovereign Gate, on Norwich Road, has been created with the environment, sustainability and community in mind, and will provide 130 new energy-efficient homes with one to four bedrooms.
60 affordable homes ranging from two, three and four-bedrooms will be available on either a shared ownership or rental basis directly through Places for People.
This collaboration aims to address the significant demand for affordable housing in the region, with projections indicating a need for more than 10,000 new dwellings by 2038 in Greater Norwich alone.
Gareth Jacob, Regional Managing Director for untypical’s Eastern region, said:
“There is a significant demand for new homes across Norfolk, including affordable homes, and Thetford is no different.
“At untypical we believe that everyone should have the opportunity to live in their own home and we strongly believe in supporting people at every stage of the housing ladder.
“We want to continue delivering the right homes, in the right places, that people are proud to call their own. This is why a partnership between Tilia Homes and Places for People is so important, as it will help open the housing market to everyone, no matter their financial circumstances.”
The new community at Sovereign Gate will also benefit from areas of public open space, enhanced landscaping and a play area to create a vibrant and welcoming environment that promotes community interaction and a rich quality of life for residents of all ages.
John Kerr, Regional Managing Director, South East from Places for People, commented:
“We are thrilled to partner with Tilia Homes on the Sovereign Gate development in Thetford. This collaboration aligns perfectly with our mission to create places that work for everyone. The development’s focus on energy efficiency, sustainability, and community spaces resonates with our values of building not just houses, but thriving communities. We look forward to welcoming residents to this new community and contributing to the vibrant future of Thetford.”
For more information, please visit www.tiliahomes.co.uk