Sold on behalf of landowner Pioneer Real Estate Ltd by Kirkby Diamond for an undisclosed sum, the site has permission for 120 new homes comprising a mix of houses and apartments, 30% of which will be affordable.
The proposed scheme also includes on-site play space and landscaping, and will offer access from the newly constructed spine road, neighbouring the Eagle’s Rest development, which is planned to provide a small neighbourhood centre and a primary school.
The 8.72-acre Wavendon Lodge green field site is situated at the eastern end of the Milton Keynes’ strategic land allocation (SLA), which is currently being developed by a range of housebuilders including Taylor Wimpey, Crest, Bellway, Bovis, Bloor, and Barratt.
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Once completed, the SLA aims to provide up to 2,500 new homes, three new schools, retail and neighbourhood centres, play areas, and extensive areas of public open space.
Andrew Wright, senior partner and head of planning and development at Kirby Diamond, said: “We are very pleased to announce the sale of this excellent site to Dandara, which has an impressive track record of delivering high quality homes.
“It is a very well located residential development site on the edge of the urban area, with excellent connectivity and good access to local services.”
Chris Higgins, land and development director at Dandara, added: “It was a pleasure to work alongside the Kirkby Diamond team on our acquisition of the development land at Wavendon Lodge.
“We are looking forward to delivering a range of high quality homes for local people in what is an excellent location.”