The site has detailed planning consent for 227 homes and enabling works have already been undertaken by former landowner the Anderson Group.
All of the homes will be manufactured offsite at ilke Homes’ 250,000 sq ft factory in Knaresborough, North Yorkshire before being delivered to the Dysart Road site.
The deal between ilke Homes and Anderson Group was brokered by CBRE acting as agent.
Tom Heathcote, executive director of development at ilke Homes, said: “We’re delighted to have secured a deal with the Anderson Group and to have worked on our first deal with CBRE.
“As a result of this deal, we will be unlocking a site which benefits from detailed planning consent. Thanks to our modular housing technology, we will be able to deliver 227 much-needed sustainable homes for the local community in just over two years.”
Andrew Jay, group managing director at Anderson Group, said: ““Anderson Group are at the forefront of Innovation in the UK construction sector, so we look forward to seeing ilke Homes deliver their own innovative new homes at Dysart Road, and we feel sure there will be further opportunities for collaboration in the future”.