Willmott Dixon's strategic growth as a residential developer continues after it exchanged contracts on a deal to build 137 homes in the Surrey town of Godalming with a gross development value approaching £50 million.

In the latest move by the company's development division, Regen, to increase its pipeline of homes for sale, it has agreed to acquire a scheme called The Keysite from Country Homes which has planning permission for 35 houses and 102 apartments just a short walk to Godalming town centre.

-- Advertisement --

This project is the largest residential scheme in central Godalming, which is an attractive destination for commuters looking to relocate outside London, with a train station providing access to London Waterloo in 47 minutes. The Georgian designed theme for the houses, interspersed with two, four storey apartment blocks, will be an attractive addition to the town.

Willmott Dixon aims to start on site this autumn with demolition of existing buildings before constructing the new homes, which are planned for occupation by early 2015. Work will be carried out by the company’s in-house construction business, which each year builds over 1,500 homes, many for Regen, and is also currently involved in several residential schemes in London for other developers.

(CD/IT)